2015 Benefits Enrollment

New Voluntary Benefit Offerings Worth & Company, Inc. along with Reliance Standard Life Insurance are excited to be offering all employees affordable Voluntary Term Life Insurance as well as Accidental Death & Dismemberment coverage effective 1/1/2015

Agenda Product Overview: Voluntary Life Insurance Voluntary Accidental Death & Dismemberment How to Sign Up

How much life insurance do I need? Experts recommend that a person have 5-10 times their annual income in life insurance protection Life insurance benefits can take care of those you leave behind for: Funeral Expenses Hospital Bills Mortgage Income Replacement Financial Security Student Loans Credit Card Debt College Funds

Plan Design Voluntary Life Insurance Eligibility: Each Active, Full-time employee working 37 ½ or more hours per week, except any person working on a temporary or seasonal basis. Employees have the option to purchase a minimum of $10,000 to a maximum of $500,000 in increments of $10,000. Spouse’s have the option to purchase a minimum of $10,000 to a maximum of $500,000 in increments of $10,000. Spouse may elect coverage without employee electing coverage Dependent child(ren) have the option to purchase $5,000, $10,000, $15,000 or $20,000. All child amounts are guaranteed issue

What is a dependent?

Guaranteed Issue Amount Take advantage of these Guaranteed Issue amounts as they are only available this year as a one time special enrollment. If you opt out of the plan this year you may be subject to Medical Questions during next years enrollment period Employee Coverage: Age 69 and under $100,000 Age 70+ No guaranteed amount Spousal Coverage: Age 59 and under $30,000 Age 60+ No guaranteed amount Child(ren) Coverage: All coverage is guaranteed

How much does this cost? Rates are based on tobacco use in the last 12 months. Age banded rates move based on you and your spouses age as of January 1st each year Rate tables are shown as Monthly

Tobacco vs. Non-Tobacco Rates?

Dependent Child Cost

Key Points to Remember There are ways to continue your life insurance if you are no longer employed at Worth & Company: Portability Taking your coverage under a group platform Conversion May convert upon retirement Policy will remain in force as long as premiums continue to be paid Take advantage of these Guaranteed Issue amounts as they are only available this year as a one time special enrollment. Rates are listed as Tobacco vs. Non-Tobacco user Rates are shown as Monthly

Voluntary AD&D What is AD&D? Accidental Death & Dismemberment (AD&D) insurance is invaluable because it helps provide additional financial protection to both you and your family in the event that an accident takes your life or leaves you handicapped

Voluntary AD&D Why do I need AD&D Coverage? More than half of all injury-related deaths occur in homes and communities, and unfortunately, accidental deaths in the US are rising at an alarming rate – more than 20% over a 10 year period, reaching 113,000 deaths in 2005

Voluntary AD&D All amounts are guaranteed Individual or Family coverage available Rates not based on Age

Voluntary AD&D Eligibility: Each Active, Full-time employee working 37 1/2 or more hours per week, except any person working on a temporary or seasonal basis. Employees have the option to purchase a minimum of $10,000 to a maximum of $500,000 in increments of $10,000. May not exceed 10 times earnings for amounts over $150,000 May choose family coverage: Spouse with no child(ren) 50% of employee amount Spouse with child(ren): 40% of employee amount Child(ren) with no spouse: 15% of employee amount Child(ren) with spouse: 10% of employee amount

Schedule of Benefits

How much does this cost? Rates are not based on age There is no distinction between tobacco or non-tobacco use Rate tables are shown as Monthly

How do I sign up? Find the enrollment form provided

How do I sign up? Fill out employee section Fill out spouse section if applicable Enroll or decline for each coverage option Fill out the medical questions if you are enrolling for an amount above guaranteed issue

How do I sign up? Sign and date the form Please return all forms to HR by December 15th

All approved coverage will go into effect January 1st, 2015 For any additional questions please contact your HR department

Questions?