Basic Life and Accidental Death & Dismemberment Insurance
Basic Life insurance provides financial security for the people who depend on you. Your beneficiaries will receive a lump sum payment if you die while employed by Baxter Auto. The company provides basic life insurance of $15,000 for you, $7,000 for your spouse and $5,500 for each eligible child ages 14 days to 26 years. Children under 14 days have a $700 benefit. This benefit is at no cost to you. Your Basic Life coverage includes Accidental Death and Dismemberment coverage as well. This is at no cost to you.

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Voluntary Life and AD&D Insurance

You may purchase life and AD&D insurance in addition to the company-provided coverage. You may purchase life and AD&D insurance for your dependents if you purchase additional coverage on yourself. You are guaranteed coverage (up to $200,000 or five times your annual salary (whichever is lower), and up to $50,000 for your spouse) without answering medical questions if you enroll when first eligible.
Employee— Up to $500,000 in increments of $10,000

Spouse— Up to $100,000 in increments of $5,000; Maximum of 50% employee-amount Children— $2,000 to $10,000 in increments of $1,000 for eligible child(ren) ages 14 days to 26 years; Maximum of 50% of employee-amount.

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Evidence of Insurability

Guardian may require you to show that you are in good health before they agree to provide certain levels of coverage, which is called Evidence of Insurability (EOI)

Coverage that requires EOI will not be in effect until you receive approval from Guardian

You can complete the EOI online or mail or fax in the EOI form, available on the benefits website