Life and Accidental Death and Dismemberment (AD&D) Insurance

Basic Life and AD&D

Rendr provides Basic Life and AD&D Insurance at no cost to you through UMUM. In the event of your death, our life insurance policy helps provide a general safety net for your beneficiaries. Coverage is $100,000 (reduced by 35% at age 65 and 50% at age 70). AD&D provides another layer of benefits to you or your beneficiary if you suffer from loss of a limb, speech, sight, or hearing loss or if you die in an accident.

Due to IRS regulations, a life insurance benefit of $50,000 or more is considered a taxable benefit. You will see the value of the benefit included in your taxable income on your paycheck and W-2..

Voluntary Life and AD&D

You can purchase voluntary life and AD&D insurance for yourself, your spouse, and/or your dependent children. Your cost for this coverage is based on the amount you elect and your age.

You must purchase voluntary life and AD&D insurance for yourself to buy spouse and/or dependent child(ren) coverage. If you do not enroll in this coverage when you are first eligible, you may be subject to medical underwriting.

The cost of your coverage is indicated in PrimePay and also on the benefit flyer.

Videos

Resources

Voluntary Life and AD&D Insurance Benefits

Life and AD&D Insurance Benefits Information

Life Planning Financial & Legal Resources

Life Claim Form

How to file a Unum Benefits Claim

VOLUNTARY LIFE AND AD&D INSURANCE
Coverage Level	Benefit	Coverage Initially Provided Without Evidence of Insurability
Employee	Increments of $10,000 up to $500,000 Benefit Reduction: 35% at age 65: 50% at age 70	Under age 65: $150,000 Age 65-69: $50,000 Age 70+: $10,000
Spouse	Increments of $5,000 up to $250,000; not to exceed 100% of employee benefit	Under age 65: $25,000 Age 65-69: $10,000 Age 70+: $0
Child(ren)	Increments of $1,000 up to $10,000; not to exceed 10% of employee benefit	$10,000

Designate Your Beneficiary
When you enroll in PrimePay for the first time, you will be prompted to designate a beneficiary(ies). It’s a good idea to review this information each year to ensure it’s up to date.