Money & Protection

Life and AD&D Insurance

Overview

Life and AD&D (accidental death & dismemberment) insurance offers another layer of financial protection for you and your family. Benefits are paid if you or a family member dies or experiences a covered accident.

You have 4 options:

Basic Life

Paid by AEO

Supplemental Life

Paid by you

Basic AD&D

Paid by AEO

Supplemental AD&D

Paid by you

How the Plans Work

1

AEO pays for your basic coverage

AEO automatically enrolls you in Basic Life and Basic AD&D coverage and pays 100% of the cost.
2

You can elect supplemental coverage

For extra protection, you can elect Supplemental Life for yourself, your spouse/domestic partner and your children. You can also elect Voluntary AD&D for yourself.

You pay the full cost of any additional insurance you purchase through an after-tax payroll deduction.
3

Choose a beneficiary!

Make sure you choose a beneficiary for each type of coverage elected. A beneficiary is the person who receives the benefits if the covered individual dies. You can complete or update your beneficiary designations on the Benefitfocus portal.

Evidence of Insurability (EOI)

EOI is a statement of health that insurance companies may require before your life insurance is effective. You’ll need to complete this form from Aflac if:

You elect coverage of 3x-5x your annual base salary.
Your spouse/domestic partner elects coverage of more than $40,000 or an increase of more than one benefit level.
You did not enroll when you were first eligible.

Life & AD&D Benefits at a Glance

	Amount	Details
Basic Liferow-label-primary
Basic Life	100% of your annual compensation	$1 million maximum (Guaranteed Issue: The lesser of 1x annual compensation or $1 million)
Basic AD&D	50% of your annual compensation	$500,000 maximum
Supplemental Coveragerow-label-primary
Supplemental Life for you	1–5x your annual compensation	$500,000 maximum (Guaranteed Issue: the lesser of 3x annual compensation or $1,500,000 when combined with basic life GI
Supplemental Life for your spouse/domestic partner	$10,000, $20,000, $40,000 or $100,000	Coverage for your spouse/domestic partner and children can’t exceed 100% of your associate Basic & Supplemental Life benefits
Supplemental Life for your children^*	$10,000 or $20,000	Coverage for your spouse/domestic partner and children can’t exceed 100% of your associate Basic & Supplemental Life benefits
Voluntary AD&D for you	1–5x your annual compensation	$500,000 maximum

*Unmarried dependent children from birth to 26 years old are eligible for coverage. When you elect child life, all of your eligible children are covered.

Costs for Coverage

You’ll see your rate for supplemental coverage when you log in to the enrollment system. Rates for yourself and your spouse/domestic partner will vary based on age. An age reduction schedule applies starting at age 70.

FAQs

What happens if I need to file a claim on my life or AD&D insurance?

If you or a family member experiences a covered injury or loss, contact Aflac at 844-440-1063. Aflac will review the claim and, if approved, pay out benefits to the beneficiary on file (or to you, in the event of a covered AD&D injury).

Do I need to enroll in life and AD&D benefits each year?

No, once you are enrolled in the benefit, you will stay enrolled unless you make a change or you become ineligible for AEO benefits.

Where can I find my costs for coverage?

You’ll see your costs for coverage during the enrollment process.

Don’t Miss These Benefits

Take advantage of these no-cost services available as a part of your life insurance benefits:

Empathy benefits — Get help and emotional support after a loss, as well as pre-planning services such as funeral planning, will preparation, probate guidance, estate administrations, bereavement concierge and last wish resources. Visit empathy.com/partner/aflac or download the app and use code: Aflac.
Beneficiary survivorship benefits — Find guidance on how to navigate the death of a loved one and close out their affairs with Iris’ Beneficiary Companion. Call 800-759-9504.
Emergency assistance services — If you’re traveling and need emergency assistance, contact World Travel Protection (WTP). The 24/7 call center can put you in touch with the medical, legal or security help you need or provide an interpreter for you. Call 800-759-9504 for more information.