Life and Long Term Disability Insurance Plan Overview
What Are My Life & LTD Benefits? SAI provides all regular, full-time employees, one times their base annual salary in term life and ADD insurance. Regular full-time employees can purchase additional life insurance for self, spouse and dependent children. Employees can purchase five (5) times their annual salary up to $350,000. Employees can purchase up to $50,000 for spousal coverage. Employees can purchase $10,000 in coverage for each child. SAI provides all regular full time employees a Long Term Disability benefit equal to 60% of monthly salary.
What are the Voluntary Life Premiums? Age Range Cost per Thousand per month Less than 24$ $ $ $ $ $ $ $ $ and above$1.66
What are the Voluntary AD&D Premiums? Age Range Cost per Thousand per month Less than 24$ $ $ $ $ $ $ $ $ and above$1.69