11 LIFE INSURANCE You can't put a price tag on your life, but you can protect your loved ones with life insurance in the event of a premature loss. BASIC LIFE AND AD&D - You are automatically enrolled in this employer-paid coverage. AVAILABLE COVERAGE 1x Annual Salary to a Maximum of $500,000 BENEFIT REDUCTIONS Age 65 70 Reduction 35% 50% VOLUNTARY LIFE AND AD&D - You must submit an application and be approved to be enrolled in this employee-paid coverage. EMPLOYEE Increments of $10,000 up to $500,000 Maximum Guarantee Issue: $150,000 SPOUSE Increments of $5,000 up to $100,000 Maximum (Not to Exceed 50% of Employee Amount) Guarantee Issue: $25,000 CHILD $10,000 BENEFIT REDUCTIONS Age 65 70 Reduction 35% 50% TERM LIFE INSURANCE 101 Basic Life Voluntary Life Review Plan Summaries