Life and AD&D
Planning for your family's financial security in unforeseen circumstances is crucial. To ensure that you are covered, Western Digital provides all employees with basic life insurance and accidental death and dismemberment (AD&D) insurance at no additional cost to you.
During Open Enrollment, you also have the option to purchase supplemental Life and AD&D insurance for you and your family through easy payroll deductions.
In addition, while traveling on company business, you have the protection of our company-paid business travel accident insurance.
Basic Life and AD&D Insurance
Employees may choose one of two company paid options:
- 2 times your annual salary, up to a maximum of $1,000,000*
- $50,000
Supplemental Life and AD&D Insurance
If you need additional coverage for yourself, you may purchase:
- Supplemental Life of 1 to 8 times your annual earnings up to $3M
- Supplemental AD&D of 1 to 8 times your annual earnings up to $2M
Supplemental Family Life and AD&D
If you need additional coverage for your family, you may purchase:
- Spouse/Domestic Partner Life Insurance - Choice of $25,000, $50,000, $100,000, $200,000 or $300,000 (not to exceed 100% of your Basic and Supplemental coverage)
- Child(ren) Life Insurance - Choice of $5,000 or $10,000 (covered from birth through age 26)
- Spouse/Domestic Partner only AD&D Insurance - 60% of your coverage amount
- Child(ren) only AD&D Insurance - 20% of your coverage amount
- Spouse/Domestic Partner and Child(ren)
- Spouse/Domestic Partner - 50% of your coverage amount
- Child(ren) - 10% of your coverage amount
*The IRS requires that the value of any group-term life insurance greater than $50,000 be included in your taxable income. This is known as Imputed Income. The value will be listed on your paycheck as "Group Term Life (Sec 125)" and is not a deduction from your pay. The IRS determines the value of your life insurance based on your age. See Page 15 here for more information.
MetLife - Life & AD&D
Website: metlife.com/mybenefits
Phone: (800) 638-6420
Group: 215214-1-G
What is AD&D insurance?
Should you lose your life, sight, hearing, speech, or use of your limb(s) in an accident, AD&D insurance provides additional benefits to help keep your family financially secure. AD&D benefits are paid as a percentage of your coverage amount — from 50% to 100% — depending on the type of loss.
Why designate a beneficiary?
It’s important to designate a beneficiary to receive the benefit paid by a life insurance policy. As personal circumstances change, be sure to keep that information up to date. Visit Workday to add or change a beneficiary.
What is evidence of insurability?
Life insurance over a certain amount may require evidence of insurability (EOI). After electing coverage, you will receive more information if EOI is required.
When can changes be made?
Changes to your supplemental life plans can only be made:
- Within 31 days of hire
- During Open Enrollment
- Within 31 days of an IRS Qualifying Status Change