Accidental death and dismemberment insurance offers low cost supplemental coverage that provides benefits in the event of an accidental death or dismemberment (including family members for one low group rate). This insurance also gives Guaranteed Issue to all new full-time employees, but coverage is not convertible upon elimination of employment or retirement.
We've heard the saying, "As soon as you walk outside the door of your home, something bad can happen." Sure, such a phrase is common speech, but having the security of Accidental & Dismemberment Insurance from Gabor is a big piece of the puzzle that can keep you in good standing should an unfortunate incident occur. This plan entails:
You are eligible for coverage if you are an active non-faculty employee working at least 30 hours each week or a faculty employee regularly appointed 75 percent or more.
If you elect AD&D insurance for yourself, you may add family coverage:
The amount of the AD&D Insurance Benefit for loss of life1 is equal to the maximum amount of your AD&D insurance in effect on the date of the covered accident. The amount of the AD&D Insurance Benefit for other covered losses is a percentage of the Group Term AD&D insurance in effect on the date of the covered accident, as shown below:
These benefits are also available to your dependents. At no time will more than 100 percent of the available AD&D Insurance Benefit be paid for all losses resulting from one accident.
Current participants please see the Certificate of Insurance for more details.
How to enroll in Accidental Death & Dismemberment Insurance:New employees (first 60 days) or during Open Enrollments
To apply, please complete the enrollment brochure and return it to your Gabor representative.
1This benefit includes loss of life due to exposure or disappearance. Disappearance must be caused directly by an accident that could have reasonably resulted in death and must occur independently of all other causes continuing for a period of 365 days after the date of the accident despite reasonable search efforts.2This benefit is payable whether or not the hand or foot is surgically reattached.3This benefit is not payable if an AD&D Insurance Benefit is payable for the loss of the entire hand.
Accidental Death & Dismemberment Enrollment Brochure
Accidental Death & Dismemberment Certificate of Insurance
Call your local Gabor agent now to help gain an individual understanding of your employee benefits - 800-330-6115 - or email us here.