NACOG - Human Resources Department

NACOG - Northern Arizona Council of Governments
Serving Apache - Coconino - Navajo - Yavapai

Life Insurance Benefits

Offered by
Standard Insurance Company

Employee Cost (per month)

Employee Coverage $ 0.00 (paid 100% by NACOG)

Life Insurance/AD&D Benefit Summary

BENEFIT	COVERAGE

Life Insurance	One (1) times annual salary ($10,000 minimum)
AD & D	One (1) times annual salary ($10,000 minimum)
AD & D Amount payable for loss of: Life One hand/foot or sight of one eye Two or more of the above losses in one accident	100% 50% 100%
Reduction in Insurance Life and AD&D	If you reach an age shown below, the amount of insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage below: Age 65-69 65% 70 or older 50%

Additional Life Insurance Benefits

Waiver of Premium If a covered employee becomes disabled before age 60, after a 180-day waiting period, premiums are paid for by the insurance company to continue the life insurance coverage until the employee is no longer disabled or reaches age 65.

Accelerated Benefit If an employee is diagnosed as terminally ill, with a life expectancy of less than twelve (12) months, the employee can request to receive up to 75% of their life insurance benefit (minimum $5,000) to use as they wish. This request reduces the benefit amount received by the beneficiary.

Repatriation Benefit If an employees death occurs more than 200 miles from their primary residence, Standard Insurance Company will pay up to 10% of the individual’s life insurance benefit (maximum $5,000) to transport the deceased back to a mortuary near their home.

Additional Accidental Death & Dismemberment Benefits

The following additional benefits are payable if an employees death is the result of an accident for which AD&D is payable:

Seat Belt Benefit If an employee is wearing a seatbelt at the time of the accident, the employees beneficiary will receive an additional $10,000.

Career Adjustment Benefit Standard Insurance Company will pay up to 25% of the AD&D benefit (maximum $10,000) toward the cost of vocational training for the employees spouse with the purpose of earning future income. This benefit is only available for 36 months after the employee’s death.

Child Care Benefit Standard Insurance Company will pay up to 25% of the AD&D benefit (maximum $10,000) toward the cost of child care when a spouse returns to work or attends job training. This benefit is only available for 36 months after the employee’s death.

Higher Education Benefit Standard Insurance Company will pay up to 25% of the AD&D benefit (up to $5,000 per year for 4 consecutive years, maximum $20,000) to cover tuition expenses for surviving children already in college or children who will be attending college within one (1) year of the employee’s death.

For questions regarding your life insurance benefits contact NACOG’s Human Resources Department.

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