Employee Life Insurance

You can choose from the following options for yourself, up to a maximum benefit of $2.5 million:

• Waive Coverage
• 1x pay
• 2x pay
• 3x pay
• 4x pay
• $5,000 flat amount
• $50,000 flat amount

MLH pays for employee life insurance of 1x your pay; you pay the cost for any additional coverage that you elect.  You will receive money back in your paycheck if:

• You waive coverage
• You elect the $5,000 option
• You elect the $50,000 option and your annual pay is more than $50,000

Note: If you elect the $50,000 option and your annual pay is less than $50,000, you will pay the difference for the additional coverage.

Note: You may be required to complete Evidence of Insurability depending on the type of coverage & the amount of life insurance you elect.

See the PerfectFit 2010 e-workbook for further information related to each plan.

Dependent Life Insurance

You may choose from the following options for your dependents.  You pay the full cost of this coverage.

• Waive Coverage
• $5,000 for your spouse and/or $2,500 for each child
• $10,000 for your spouse and/or $5,000 for each child
• $25,000 for your spouse and/or $10,000 for each child
• $50,000 for your spouse and/or $20,000 for each child

All Dependent Life Insurance options provide a lump-sum benefit if your dependent dies while covered.  The only difference is the amount of coverage.

See the PerfectFit 2010 e-workbook for further information related to each plan.

Accidental Death & Dismemberment (AD&D) Benefits

You may choose to protect yourself and your family with AD&D Insurance.

AD&D pays benefits in these situations:

• If you or a covered dependent die as a result of an accident, AD&D benefits are paid in addition to life insurance benefits.
• If you or a covered dependent is seriously injured in an accident (for example, you lose a limb or your sight), a percentage of the full AD&D benefit is payable.

Employee AD&D Insurance

You can choose from the following options for yourself:

• Waive Coverage
• 1x pay
• 2x pay
• 3x pay
• 4x pay
• $5,000 flat amount
• $50,000 flat amount

MLH pays for AD&D insurance of 1x your pay.  You will receive money back in your paycheck if:

• You waive coverage
• You elect the $5,000 option
• You elect the $50,000 option and your annual pay is more than $50,000

Note: If you elect the $50,000 option and your annual pay is less than $50,000, you will pay the difference for the additional coverage.

See the PerfectFit 2010 e-workbook for further information related to each plan.