Life Insurance

Life insurance provides a safety net for your beneficiaries, and is a benefit offered through Guardian.

Eligibility

Full-Time Associates regularly scheduled to work at least 30 hours per week are eligible to elect life insurance coverage.

If elected, coverage begins the first of the month following a 60-day waiting period.

Coverage Options

For Associates: Policies are available in amounts between $10,000 to $250,000, in increments of $10,000.

For your Spouse: Policies are available in amounts between $5,000 to $125,000, provided the policy does not exceed 100% of the Associates elected amount of life insurance.

For your Child(ren): Policies are available in amounts between $1,000 to $10,000, provided the policy does not exceed 100% of the Associates elected amount of life insurance.

What It Costs

Life insurance cost is determined by the level of coverage and age.

Life/AD&D Insurance Premiums

Monthly Rate Per $10,000

Age of Employee or Spouse

Cell

< 30

$0.87

30-34

$1.16

35-39

$1.54

40-44

$2.20

45-49

$3.53

50-54

$6.00

55-59

$15.88

60-64

$24.05

65-69

$35.26

Age of Dependent Child(ren)

Cell

Any age

$0.18