Voluntary AD&D Insurance
The Lincoln AD&D Insurance Plan At-A-Glance
- Provides a cash benefit to your loved ones if you die in an accident.
- Provides a cash benefit to you if you suffer a covered loss in an accident.
- Features group rates for Open Door employees.
- Includes LifeKeys services, which provides access to counseling, financial, and legal support.
- Also includes TravelConnect services, which give you and your family access to emergency medical assistance when you’re on a trip 100+ miles from home.
Employee Coverage
| Coverage | Amount |
|---|---|
| Maximum coverage amount | 5 times your annual salary ($500,000 maximum) in $10,000 increments |
| Minimum coverage amount | $10,000 |
Your employee AD&D coverage amount will reduce by 35% when you reach age 70 and an additional 15% of the original amount when you reach age 75. Benefits end when you retire.
Spouse Coverage
| Coverage | Amount |
|---|---|
| Maximum coverage amount | 50% of the employee coverage amount ($250,000 maximum) in $5,000 increments |
| Minimum coverage amount | $5,000 |
You can secure AD&D insurance for your spouse if you select coverage for yourself.
Benefits end when employee reaches age 70.
Dependent Children Coverage
| Coverage | Amount |
|---|---|
| 6 months to age 26 Maximum coverage amount | Up to $10,000 in $2,000 increments |
| Minimum coverage amount | $2,000 |
| Age 14 Days to 6 months Maximum coverage amount | $1,000 |
You can secure AD&D coverage for your dependent children when you choose coverage for yourself.
Additional Plan Benefits
| Safe Driver Benefit | Included |
| Education Benefit | Included |
| Spouse Training Benefit | Included |
| Felonious Assault | Included |
| Child Care Benefit | Included |
| Coma Benefit | Included |
| Common Disaster Benefit | Included |
| Exposure Benefit | Included |
| Disappearance Benefit | Included |
| Common Carrier Benefit | Included |
Benefit Exclusions
Like any insurance, this AD&D insurance policy does have exclusions. Benefits will not be paid if death results from suicide, or death/dismemberment occurs while:
- Intentionally inflicting or attempting to inflict injury to one’s self
- Participating in a war, act of war, or riot
- Serving on full-time active duty in the armed forces of any state or country (this does not include duty of 30 days or less training in the Reserves or National Guard
- Flying on any non-commercial airplane or aircraft, such as a hot air balloon or glider (see the contract for details and exceptions)
- Flying on a commercial airline or aircraft as a pilot or crew member
- Committing or attempting to commit a felony
- Deliberately inhaling gas (such as carbon monoxide) or using drugs other than those taken as prescribed by a licensed physician
- Driving while intoxicated, impaired, or under the influence of drugs
In addition, this AD&D insurance policy does not cover sickness or disease, including the medical and surgical treatment of a disease.
A complete list of benefit exclusions is included in the policy. State variations apply.
Per Pay Rates
Employee | Semi-monthly Premiums for Voluntary AD&D Insurance
The estimated semi-monthly premium for AD&D insurance is determined by multiplying the desired amount of coverage (in increments of $10,000) by the premium rate. See the table below for select coverage amounts.
$___________________ X __0.0000150__ = $_________________________
coverage amount premium rate semi-monthly premium
| Coverage Amount | Semi-Monthly Premium |
|---|---|
| $10,000 | $0.15 |
| $50,000 | $0.75 |
| $100,000 | $1.50 |
| $250,000 | $3.75 |
| $500,000 | $7.50 |
Spouse | Semi-monthly Premiums for Voluntary AD&D Insurance
The estimated semi-monthly premium for AD&D insurance is determined by multiplying the desired amount of coverage (in increments of $5,000) by the premium rate. See the table below for select coverage amounts.
$___________________ X __0.0000150__ = $_________________________
coverage amount premium rate semi-monthly premium
| Coverage Amount | Semi-Monthly Premium |
|---|---|
| $5,000 | $0.08 |
| $25,000 | $0.38 |
| $50,000 | $0.75 |
| $125,000 | $1.88 |
| $250,000 | $3.75 |
Dependent Children | Semi-monthly Premiums for Voluntary AD&D Insurance
The estimated semi-monthly premium for AD&D insurance is determined by multiplying the desired amount of coverage (in increments of $2,000) by the premium rate. See the table below for select coverage amounts.
$___________________ X __0.0000150__ = $_________________________
coverage amount premium rate semi-monthly premium
| Coverage Amount | Semi-Monthly Premium |
|---|---|
| $2,000 | $0.03 |
| $4,000 | $0.06 |
| $6,000 | $0.09 |
| $8,000 | $0.12 |
| $10,000 | $0.15 |
Note: You must be an active Open Door employee to select coverage for a spouse and/or dependent children. To be eligible for coverage, a spouse or dependent child cannot be confined to a health care facility or unable to perform the typical activities of a healthy person of the same age and gender.
