2024-Framebridge-Benefit Guide

LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT

It’s not easy to imagine a scenario where you’re not there for your family. However, our coverage through Mutual of Omaha ensures that there is a back up plan should the worst occur. BASIC LIFE AND ACCIDENTAL DEATH & DISMEMBERMENT (AD&D) Framebridge offers employees life and accidental death and dismemberment insurance through Mutual of Omaha with a maximum benefit of $20,000. Framebridge pays for the cost of this benefit on behalf of employees.

BENEFIT

BASIC LIFE

Life Benefit Amount

$20,000

AD&D Benefit Amount

$20,000

Reduces to 65% of original amount at age 65 Reduces to 50% of original amount at age 70

Reduction of Benefits Schedule

GLOSSARY

• Life Benefit: A policy that pays a beneficiary a specified death benefit amount when the insured dies. • AD&D Benefit: This is paid, in addition to the life benefit, if you die in a covered accident. It also pays if you suffer a covered dismemberment. • Accelerated Life Benefit: If you become terminally ill with less than 12 months to live, you have access to part of your life benefit early, up to your plan's maximum. Applies to active employees only.

Make sure your life and accident death benefits will be paid as you intend.

Your beneficiary is the person or estate that will receive a benefit payment in the event of your death. Make sure you name a beneficiary when you are first eligible for life and AD&D benefits. Then, make sure to review your beneficiary designation and make any necessary changes as your personal situation changes.

For additional information, please refer to your detailed plan summary. In the event of a discrepancy, the carrier Plan Document shall prevail.

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