MetLife Voluntary Life and AD&D


Voluntary Term Life and AD&D 

You may also choose to purchase Voluntary Life Insurance and/or Voluntary AD&D Insurance in addition to the company-paid benefit. You pay the total cost of this benefit through convenient payroll deductions. 


Voluntary Term Life

Associate:
You can elect one to five times your annual earnings, to a maximum of $2,000,000. Newly eligible Associates can enroll in coverage up to $500,000 Guaranteed Issue, without Evidence of Insurability (EOI).  Costs vary based on your age, coverage level and tobacco/nicotine use. 


Spouse/Domestic Partner: You can elect coverage of $10,000 or $25,000 up to $250,000 (in $25,000 increments) for your spouse or domestic partner, not to exceed the Associate Life Insurance amount. Amounts above $25,000, and amounts not elected when your Spouse first became eligible, will require EOI. Costs vary based on your age, coverage level and tobacco/nicotine use. 

Child: You can elect $5,000 or $10,000 in child life coverage. 


Voluntary AD&D


Associate: You can elect one to five times your annual earnings, to a maximum of $2,000,000 Guaranteed Issue. 

Making Changes To Your Coverage

  When Can I Make the Change?
ACTION: During Annual
Enrollment
With a Qualifying
Life Event
Any Time Throughout
the Year
Special Considerations
Enroll for Coverage Allowed, EOI required for any amount Allowed, up to $500,000 Guaranteed Issue* Not Allowed *EOI always required for amounts over $500,000
Increase Coverage Allowed, EOI required for any amount Allowed, up to additional 1x earnings Guaranteed Issue* Not Allowed
Decrease Coverage Allowed Allowed Not Allowed None
Drop Coverage Allowed Allowed Not Allowed None