Life Insurance | AD&D

LIFE INSURANCE

  • Our vendor is Securian.
  • The State provides policies to all benefits-eligible employees as follows:
    • Basic Life - $15,000
    • Accidental Death and Dismemberment (AD&D) - $15,000.
  • You are able to purchase supplemental coverage for both plans, as well as dependent life insurance.
  • Rates - See the rates on p. 15 of the Active Enrollment Guide 2023.

BASIC LIFE

  • What is it? Life Insurance is insurance that pays out a sum of money upon the death of the insured.
  • What do I have? $15,000 in Basic Life insurance is provided by the State to benefits-eligible employees.
  • Summary Plan Description | Certificate of Insurance

ACCIDENTAL DEATH & DISMEMBERMENT (AD&D)

  • What is it? Accidental Death and Dismemberment (AD&D) is insurance that pays an additional benefit if you are seriously injured or die due to a covered accident.  
  • What do I have? $15,000 of AD&D insurance is provided by the State to benefit-eligible employees.
  • Summary Plan Description | Certificate of Insurance

SUPPLEMENTAL LIFE  AND AD&D INSURANCE

  • Supplemental Life and AD&D is additional insurance that benefits-eligible employees are allowed to purchase in case of death or dismemberment.
  • This is a voluntary benefit.  You must select it at the time of initial enrollment or during Open Enrollment.
  • New Hires Note: At the time of new hire only, an employee can purchase coverage in multiples of $5,000, not to exceed the lesser of three times your annual earnings, to a maximum of $500,000.
  • Summary Plan Description | Certificate of Insurance
     
  • Portability and Conversion
    • You and/or your dependents may have the option to port or convert your life insurance coverage if you leave the State.
    • Elections must be made within 31 days from your last day of coverage.
    • Portability and Conversion Flyer
    • Contact Securian

DEPENDENT LIFE INSURANCE

  • The Dependent Life Insurance is life insurance coverage on your dependents.
  • It is a voluntary benefit - you must select it at the time of new hire enrollment or during Open Enrollment.
  • Available amounts:  $2,000, $4,000, $6,000, $10,000, $12,000, $15,000 or $50,000.
  • For dependent coverage up to $15,000, you do not have to choose supplemental coverage for yourself. 
  • For dependent coverage of $50,000, you must have a combined basic and supplemental coverage of at least $50,000.
  • Summary Plan Description | Certificate of Insurance

LIFE INSURANCE CALCULATOR - BENEFITS SCOUT

  • Automated tool to determine how much life insurance you need. | Benefits Scout Calculator
  • Learn your options - Take the guesswork out of selecting benefits. Learn about your options, what’s included and how they can help you.
  • Answer questions - It’s quick and easy. Based on your answers, we’ll provide a few recommended packages for amounts of insurance that make sense for you.
  • Get cost estimates - with recommendations designed for you and your family.

BENEFICIARIES

  • There are separate beneficiaries for your Basic Life and Supplemental Life coverage.
  • After any major life change, such as joining state service, marriage, divorce, birth/adoption of a child, or death of a spouse, be sure to review your beneficiaries.
    • For example, if an ex-spouse is still named as a beneficiary, the plan will pay out to that person if the beneficiary has not been updated.
  • To make beneficiary changes at any time, visit hrsystems.azdoa.gov > YES Portal > Bookmarks > Your Employee Services > Benefits > Beneficiary. 

State Employee Information Organizer (Being Prepared Guide)

  • This guide from Human Resources provides information on steps for your loved ones to take in the event you pass away while employed by the State.
  • It includes Nationwide Financial’s Personal Information Organizer to help gather your important legal, financial, medical, professional, and account information in one place.

ADDITIONAL FREE SERVICES | LIFESTYLE BENEFITS

There is no additional fee or enrollment for these lifestyle benefits resources. Just access them as you need them. You and your benefits-eligible dependents may access them, even if they are not insured with Securian.
Learn more on lifebenefits.com/plandesign/Arizona > Forms & Documents Tab

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