Supplemental Life Benefits Summary Beam Suppleme
Voluntary & Supplemental Life Benefit Summary Dash Delivery Inc. Plan: Beam Supplemental Life - Elite Policy effective date: 2024-10-01 GROUP #: OR00704 Policy length: 12 months Life benefit | Increments of $10,000 Accelerated death benefit (ABD) Employee Minimum $10,000 Up to 75% maximum of $225,000 Employee Maximum $300,000 If you are diagnosed with a terminal illness, a portion of the death benefit may be payable to you during your Plan overview information lifetime.*** Plan type: Increments ***ADB is not available in CA. Hours worked: 30+ hours/week* Employer contribution: Voluntary Accidental death & dismemberment (AD&D) Eligible group size: 50 - 100 eligible employees Participation requirement: Minimum 10 employees Included Guaranteed issue limit: $100,000 and No GI for employees age 70+ AD&D coverage pays an additional benefit equal to your life insurance benefit for death due to accidental causes. A *An employee must be actively at work on the effective portion of the benefits are also payable in the event of date in order to be eligible for benefits. Employers located accidental loss of eyesight, limbs, movement of limbs, in New York may elect a minimum of 20 or 30 hours. speech and hearing. Dependent life options Employee must purchase life plan to elect dependent life. AD&D not included for dependents. Spouse Increments of $5,000 up to a maximum of $25,000 or 50% of the employee amount, whichever is lower Child Increments of $2,500 up to a maximum of $10,000 BEAM SUPPORT LEARN MORE [email protected] | (800) 648 1179 beambenefits.com BM-SOB-0041-202306 1 of 3
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