51 Life and Accidental Death & Dismemberment (AD&D) Peace of mind for you and for those who depend on you Employee Life and AD&D Scripps recognizes the importance of life insurance for employees at all ages and stages in life. My Scripps Benefits offers you five levels of employee life and AD&D Insurance, up to a maximum coverage amount of $1,000,000 (basic and supplemental combined). You must select at least the basic level of coverage (1x annual base pay) which is paid for by Scripps. Annual base pay excludes commissions, bonuses, and overtime. The cost of supplemental coverage is determined using your age as of January 1, or your benefit eligibility date (whichever is later) and annual base pay. How It Works The amount of coverage you need is a personal decision. It depends on many factors such as your age, whether or not you have dependents, your other financial resources, and your financial commitments. Scripps pays for basic coverage of 1x your annual base pay. Any supplemental coverage you elect is paid by you with after-tax contributions. AD&D coverage pays a benefit to your beneficiary in case of your accidental death. It also pays a reduced benefit to you in the event of a serious accident involving the loss of a limb or your eyesight. AD&D benefits are paid in addition to your employee life insurance amount. Important Notes • If you leave Scripps, you may be eligible to convert your basic and supplemental coverage by submitting an application and paying premiums directly to the insurance carrier, provided you contact the life insurance carrier within 31 days of termination. Rates may be different from employee contributions under My Scripps Benefits. • To assign or update a beneficiary, use the benefits web enrollment system. Evidence of Insurability (EOI) Evidence of insurability is required before coverage is approved if: • You are enrolling for the first time and selecting an option greater than 2x annual base pay; or • You are currently enrolled and increasing your coverage option two or more levels above your current option (i.e., going from 1x annual base pay to 3x annual base pay). If evidence of insurability is required, you will be provided a link and access code to log in to UNUM's secure platform to complete the EOI form online. The insurance carrier will notify you if your request for coverage is approved after you complete the online form. FINANCIAL WELLNESS Quick Facts ELIGIBILITY/ENROLLMENT • F ull-time and part-time benefit-eligible employees are eligible the first of the month following 60 days of employment; must enroll within 60 days of hire • D epartment Directors and above, Fellows and Residents are eligible the first day of employment; must enroll within 31 days of hire OPTIONS • 1x to 5x annual base pay up to $1 million • Evidence of Insurability may be required OPEN ENROLLMENT/MID-YEAR CHANGES • Current employees can make changes during the Open Enrollment period or within 31 days of a Qualifying Life Event • Enroll or make changes online using the benefits web enrollment system RESOURCES • ScrippsConnect.org: Life and AD&D Summary Plan Description • Scripps HR Service Center – 858-678-MyHR (6947): to report a Qualifying Life Event during the year, submit a claim, or general questions
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