Life and Accidental Death & Dismemberment ( AD & D ) Insurance Voluntary Life and Voluntary AD & D Insurance
Insured by USAble
Life Insurance
Life insurance provides financial security for the people who depend on you . Your beneficiaries will receive a lump-sum payment if you die while employed by Davis Behavioral Health . The company provides basic life insurance of 2 times your base annual earnings at no cost to you . Davis Behavioral Health also provides life insurance for your dependents . Your spouse is eligible for a $ 10,000 basic life benefit and your child ( ren ) are eligible for $ 5,000 .
Accidental Death & Dismemberment ( AD & D ) Insurance
Accidental Death & Dismemberment ( AD & D ) insurance provides payment to you or your beneficiaries if you lose a limb or die in an accident . Davis Behavioral Health provides Employee AD & D coverage of 2 times your annual earnings at no cost to you . This coverage is in addition to your company-paid life insurance described above .
Voluntary Life and AD & D Insurance
You may purchase life and AD & D insurance in addition to the basic life coverage provided to you . You may also purchase life and AD & D insurance for your dependents if you purchase additional coverage for yourself . You are guaranteed coverage ( the lesser of 5 times annual compensation to a maximum of $ 300,000 , and 100 % of the employee ’ s benefit , up to $ 50,000 , for your spouse ) without answering medical questions if you enroll when you are first eligible .
29