Life and AD&D

What you need to know

Life and accidental death and dismemberment (AD&D) coverage helps you financially prepare for life’s serious situations. Life insurance pays a benefit to your beneficiary, such as your spouse, kids, friend — anyone you choose — in the event of your passing. AD&D insurance pays a benefit to your beneficiary in the event of your accidental death, and it’s in addition to your life insurance benefit. AD&D insurance also pays a partial benefit to you if you become seriously injured or lose a limb.

Who’s eligible

Most employees are eligible to enroll in Life and AD&D coverage. If you’re eligible, you can also enroll certain family members.

Eligible family members

• Legal spouse
• Children under age 26, including:Biological and step children
– Adopted children or children placed for adoption
– Foster children or children of whom you have legal guardianship
– Adult children, until they reach the end of the month of their 26th birthday
• Your or your spouse’s child of any age who becomes disabled while the child is enrolled in the plan and is dependent on you

You will need to provide supporting documentation, such as a marriage or birth certificate, for your spouse and/or any family members you enroll within 75 days from the date of your event.

How it works

Basic Life Insurance

If you are eligible, Simplot automatically provides this benefit to you at no cost! The coverage amount is 2x your Annual Earnings.

Basic AD&D Insurance

If you are eligible, Simplot automatically provides this benefit to you at no cost! The coverage amount is equal to your basic life insurance benefit (2x your Annual Earnings).

Voluntary Life Insurance

If you would like to increase your coverage, you can buy Voluntary Life and AD&D coverage for yourself and/or your spouse or children. You pay the full cost of any Voluntary Life and/or AD&D Insurance you choose, and you receive a group discount on your rates. The coverage is also portable and/or convertible, which means you may be able to take it with you if you leave the Company. If you’re new to Simplot or newly eligible for the voluntary program, you are guaranteed a certain level of coverage if you enroll within 31 days of becoming eligible. See your guaranteed and maximum coverage in the table below.

	GUARANTEED COVERAGE	MAXIMUM COVERAGE AVAILABLE
Employee	Lesser of 5x annual salary or $500,000	Lesser of 5x annual salary or $1.5 million
Spouse	$30,000	$100,000
Child	$10,000	$10,000

Your cost for Voluntary Life and AD&D Insurance depends on your age, your base salary (as of January 1) and tobacco use.

Find my rates

Designate a beneficiary

It is important to have a beneficiary designated for your Life and AD&D Insurance so your benefits will be paid out according to your wishes in the event of your passing. You can name one person or several people as beneficiaries. You can even name different beneficiaries for your Basic and Voluntary Life and AD&D coverage. And you can change your benficiary(ies) at any time through the benefits enrollment system by going to employee.simplot.com and clicking on the Emyprean Benefits Enrollment tile.

Evidence of Insurability (EOI)

EOI is proof of good health. It is important to enroll within your 31-day eligibility window. You will be required to provide EOI in order to increase your or your spouse’s coverage, or to enroll in any coverage outside the initial 31-day eligibility window. Your request to enroll later or add to your coverage will be either approved or denied based on insurance company underwriting guidelines.

Access the EOI form

Get started

To enroll in Life and AD&D insurances, go to employee.simplot.com and access the benefit enrollment system by clicking on the Empyrean Benefits Enrollment tile.