Voluntary Benefits

In addition to the employer paid Basic Life and AD&D coverage, you have the option to purchase additional Supplemental Life insurance and other benefits to cover any gaps in your existing coverage that may be a result of age reduction schedules, cost of living, existing financial obligations, etc.

Supplemental Term Life and AD&D Insurance

You may purchase additional life insurance with MetLife if you want more coverage. You may purchase coverage for yourself, your spouse, and any dependents. You must purchase coverage for yourself if you are going to purchase coverage for your spouse or dependents. Your contributions will depend on your age and the amount of coverage you elect. Age reductions apply for the Associate but not for the spouse.

The Supplemental AD&D benefit pays you benefits if you suffer a covered accident that results in paralysis or the loss of a limb, speech, hearing or sight, third degree burn, brain damage or coma. If you suffer a covered fatal accident, benefits will be paid to your beneficiary. Your Supplemental AD&D amount will be equal to the Supplemental Term Life amount you elect.

During the 2023 open enrollment, you can elect an amount up to the Guarantee Issue ($300,000 for Associates and $50,000 for spouses) without answering health questions. If you elect additional amounts or enroll for the first time in the future you will have to answer health questions and may be denied, so please think through your election this year carefully and take advantage of the guarantee issue opportunity.

Coverage

Benefit

Associate

From $20,000 to $1,000,000 in $10,000 increments (not to exceed 5x base pay)

$300,000 guaranteed issue when first eligible

Spouse (based on Associate age)

From $5,000 to $250,000 in $5,000 increments (not to exceed 50% of Associate’s supplemental life coverage)

$50,000 guarantee issue when first eligible

Dependent Children

From $2,000 to $10,000 in $2,000 increments (election and rate covers all family children from 15 days to 26 years)

$10,000 guarantee issue

Hospital Indemnity Plan

An unexpected hospital stay can be expensive as you meet your deductible and out-of-pocket obligations under the medical plan. That is why we are offering a Hospital Indemnity Plan that works in conjunction with your medical plan to provide financial protection by paying you a direct benefit due to a hospitalization. This plan includes:

Coverage

Benefit

Admission Benefit

$1,500 for up to 4 admissions per calendar year
$1,500 additional ICU Supplemental Admission (paid concurrently with the Admission benefit when a covered person is admitted to the ICU)

Confinement Benefit

$100 per day for up to 15 days per calendar year
$200 per day additional ICU Supplemental Confinement (paid concurrently with the Admission benefit when a covered person is admitted to the ICU)

Ancillary Benefit for Childbirth

$100 for up to 2 days per routine delivery and 4 days for caesarean delivery (paid if other Confinement benefits are exhausted)

Confinement Benefit for Newborn Nursery Care

$50 per day for up to 2 days per routine delivery and 4 days for caesarean delivery for Newborn Nursery Care

Maternity Follow-up Benefit

$50 for up to 3 maternity follow-up visits per childbirth

Hospital Brochure

Accident Insurance

As you are aware, accidents happen. Even though our medical plan provides coverage when you seek medical assistance due to an accident, there will likely be some out-of-pocket expenses. This benefit provides coverage option for you, your spouse, and your dependent children that is designed to help you pay for high, out-of-pocket costs that can accumulate as a result of an accident that occurs off the job. Coverage provides a direct cash benefit that supplements your medical insurance. Below is a partial list of reimbursements for specific accident-related expenses. More detailed information is available on the enrollment portal.

Accident Brochure

Group Critical Illness Insurance

The Critical Illness plan pays a lump sum benefit based on the amount of coverage in effect on the date of diagnosis or treatment if you or someone in your family develops a serious illness. While the medical plan covers many of the immediate costs you may encounter, this plan helps with additional expenses not covered by the plan. Children are covered automatically at 25% of the associate benefit. Some diagnoses include an additional benefit for Recurrence. Rates are age-banded based on the Associate age and depend on Tobacco Use status of the Associate. More detailed information is available on the enrollment portal.

Critical Illness Brochure

Legal Protection Program

This program offers a variety of services to address multiple legal and personal needs like elder care issues, divorce and custody issues, estate planning needs, civil lawsuits, and money matters assistance.

The plan covers the Associate and all family members at one monthly rate of $16.75. Telephone and office consultations are available for an unlimited number of personal legal matters with an attorney of their choice. For non-covered matters that are not otherwise excluded, this benefit provides four (4) hours of network attorney time and services per year.

The MetLife legal network includes over 18,000 attorneys in all 50 states and many U.S. territories. The highest level of services are provided when you see an in-network attorney. Out of network attorney services are reimbursed according to a set fee reimbursement schedule.

We do more online than ever – from banking, shopping and even socializing – making personal information more vulnerable to cyber threats. The Aura Identity Theft Protection Program through MetLife helps ensure your personal information is not anywhere it shouldn’t be by protecting the things you care about most: identity, money and assets, family, and privacy.

Aura is different where it matters, with a focus on your experience to make the internet a safer place for your entire family.

Associates have two pricing options to select from:

Protection

Includes 1 Bureau credit monitoring, 1 device for Wifi/VPN and AntiVirus security

Individual Coverage $6.95 per month
Family Coverage $12.95 per month

Protection Plus

Includes 3 Bureau credit monitoring, up to 10 devices for Wifi/VPN and AntiVirus security

Individual Coverage $9.95 per month
Family Coverage $16.95 per month

Auto/Homeowners

Just like medical, premiums and out-of-pocket expenses for auto and home insurance are going up. From auto accidents to natural disasters, there has been an increase in the severity and frequency of incidents. And without the right coverage, an accident or storm can be devastating to your financial wellbeing. With Farmers GroupSelectSM Auto & Home, you can have access to the protection you need to stay prepared for the unexpected. And the support you need to get back on track.

Associates save an average of $562 on auto insurance when you switch to Farmers Insurance because when you purchase your Auto/Homeowners coverages through this employer-sponsored program, you get access to valuable group discounts.

Pet Insurance

MetLife Pet insurance helps to reimburse you for covered unexpected veterinary expenses for your furry family members. This will help to give you confidence that you can pay for treatment for your pets if they become sick or have an accidental injury. With MetLife, you have the power of choice, and coverage can be customized to best meet your and your pets’ needs. Once the policy is effective, accident coverage begins at midnight and illness coverage begins after 14 days. Every pet and pet parent is unique, so each pet’s premium will be unique based on the species, breed, age, and ZIP code, as well as the coverage amount you select.

Flexible Features

Pet parents can select from a range of annual limits, deductibles and coinsurance levels.
Various levels of coverage from $500–Unlimited. Also includes optional wellness coverage (preventive care).
Straightforward pricing and options with customizable limits, no dog or cat breed exclusions, discounts and healthy pet incentive, and no upper age limits.
New and innovative benefits, such as grief counseling for the loss of your furry family member, loss or theft coverage, automatic coverage limit increases annually and virtual vet concierge services.
No initial exam or previous vet records required to enroll and no per-incident or lifetime
limits apply.

Chubb Lifetime Benefit Term Insurance

BGDC is partnering with Chubb to give you the option to buy Permanent Term Life Insurance at an affordable fixed premium. This product has premiums that are guaranteed to never increase, and a level death benefit to provide money to your family upon death, and while you are living too. It also provides money if you need home health care, assisted living, or nursing care, through a unique Long Term Care rider. This coverage is offered to all Associates ages 18-70 and is portable if you ever leave BGDC.

If you want to enroll or are currently enrolled in the Chubb Whole Life with Long Term Care product you MUST speak with a BAI Benefits Counselor.

Why Do I Need Life Insurance?

Ask yourself this: In the event of my death, how would my family …

Pay final expenses?
Pay off debt?
Pay for daily living expenses (housing, food, bills, etc.)?
Replace Your Income?
Maintain financial stability?

Voluntary Benefits

Voluntary Benefits

Supplemental Term Life and AD&D Insurance