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Additional Center Benefits
Life Insurance
Basic Life & AD&D Insurance
– The Center provides full-time employees with group life and
accidental death and dismemberment (AD&D) insurance through Mutual of Omaha, and pays the full
cost of this benefit.
o
Benefit is 50% of the employee’s annual salary up to a maximum of $50,000
.
Voluntary Life Insurance
– Employees who want to supplement their group life insurance benefits
may purchase additional coverage through Mutual of Omaha. When you enroll yourself and/or your
dependents in this benefit, you pay the full cost through bi-weekly payroll deductions. You can
purchase:
o
Coverage on yourself in $10,000 increments to a maximum of $500,000.
o
Coverage for your spouse in $10,000 increments to a maximum of $250,000. The spouse’s
election cannot exceed 50% of the employee’s elected amount.
o
Coverage on dependent children for $10,000.
The following amounts are guaranteed issue for employees when initially eligible for coverage.
o
Employee - $150,000
o
Spouse - $30,000
o
Children - $10,000
Evidence of Insurability Form (EOI) will need to be completed for late entrants, increases in coverage,
or any election in excess of the Guaranteed Issue Amounts.
Disability Insurance
Short Term Disability –
Full time employees can purchase short term disability coverage through
Mutual of Omaha to help provide income in the event you become disabled from a non-work related
injury or sickness, for up to 12 weeks.
o
7 day elimination period for both Accident and Illness. (benefits begin on 8
th
day, subject to
claim approval)
o
You can purchase 60% of your covered weekly earnings.
o
3/6 pre-existing condition limitation. A condition you have been diagnosed with, treated for,
taken prescription medicines for, etc. during the 3 months prior to enrolling in the plan, will not
be covered as an approved disability for the first 6 months in the plan.