Life / AD&D Insurance
About the Plan
Life insurance helps provide peace of mind by giving you some financial protection for the life you are building—and the most important people in it. One of the biggest benefits it provides is tax-free money to your loved ones when / if needed.
Life / AD&D insurance provides protection for losses occurring on, or off the job, and the benefit is payable if, within 365 days of a covered accident, you suffer loss of life or dismemberment.
You are automatically enrolled in the Odyssey-sponsored Life and AD&D plans upon your hire date, but you may want to ask yourself the following questions when considering enrollment in Voluntary Life / AD&D Coverage:
- How much Life Insurance do I need?
- Are my beneficiaries up to date?
- How many Dependents rely on me for support?
- Will they need help paying final expenses (taxes, burial, outstanding debt) in my absence?
The Voluntary Employee Life Insurance Plan allows you to purchase additional coverage at a group rate that will further protect your loved ones from financial hardship in your absence. This voluntary benefit works in conjunction with the Odyssey provided Group Term Life Insurance.
Voluntary Employee AD&D Insurance allows you to purchase additional coverage at a group rate that will further protect your loved ones from financial hardship due to a dismemberment. This voluntary benefit works in conjunction with the Odyssey-provided Group Term AD&D Insurance.
Review the linked Plan Documents & Summaries to learn more.
Plan Documents & Summaries
GChat: Lisa Wilkinson