Life and AD&D Insurance – The Hartford
Allianz Trade provides, at no cost to all eligible associates, a basic benefit of one times the associate’s annual salary up to $200,000 in Life and AD&D coverage.
Associates may apply to purchase additional life insurance in increments of $10,000 to a maximum of $400,000.
The guaranteed issue amount, the amount you can elect without EOI, is the lesser of $250,000 or 3 times your earnings.
Additionally associates can apply to purchase dependent life insurance. Spouse life insurance may be purchased in increments of $10,000 increments up to $100,000. Child life insurance may be purchased in $5,000 increments up to $20,000.
Associates may also purchase additional AD&D insurance in case of accidental death or catastrophic injury. It can be purchased for the associate and/or your family.
Short Term Disability – The Hartford
Allianz Trade provides eligible associates with a Short Term Disability plan. The benefit will pay 60% of the associate’s weekly earnings up to a maximum of $3,500 per week. Benefits begin on the 8th consecutive day for an accident or sickness/illness and will be paid up to 26 weeks. The benefit is paid on a weekly basis.
Resources
Long Term Disability – The Hartford
Allianz Trade provides eligible associates the opportunity to purchase a voluntary Long Term Disability plan. The benefit will pay 60% of the associate’s monthly base earnings up to a maximum monthly benefit of $12,000. Benefits will begin after the 180 day elimination period and will be paid for the duration of the disability. The benefit is paid on a monthly basis.
