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Basic Life & AD&D Insurance - meStandard The Standard The Standard is the Group Life and AD&D partner for the District and its employees. The Standard also has offered an expanded AD&D Living Needs Package at no additional cost to District employees. The District provides employees with basic life insurance and accidental death and dismemberment (AD&D) coverage in the amount of$25,000 at no cost to you. Board-paid basic life and AD&D insurance protects your family's financial future if you die or if you experience a loss of limb, eyesight, or other dismemberment. Supplemental term life insurance is an option that gives you the opportunity to enhance the basic life insurance that the District provides for you. Age reductions after age 65 apply to life and AD&D insurance amounts. • Additional Voluntary Life and AD&D—ONE Time Opportunity to Increase Coverage without Proof of Good Health • Active full-time employees may purchase additional voluntary life and AD&D coverage for yourself and de- pendent life coverage for your family. The amount and cost of additional coverage that you may elect can be found on the next page. During this year's Open Enrollment The Standard is offering a one-time oppor- tunity to purchase or increase coverage without a proof of health form (E01), up to the new Guarantee Is- sue amount of$200,000 for employees and $50,000 for spouses. • To purchase coverage for either your spouse or child(ren), you must enroll yourself for voluntary life coverage. You pay 100% of the cost for this coverage. Statement of Health application will be required if you elect coverage for you or your spouse over the guaranteed issue amount.The enrollment platform will automatically re-direct you to the site for the necessary forms.Age reductions after age 65 apply to life and AD&D insurance amounts. • The Open Enrollment referenced above only applies to the Open Enrollment taking place from August 17, 2020 through August 31, 2020. If you do not elect now, all future increases in coverage will be subject to proof of good health (E01) unless you are a new hire applying during your initial period of eligibility. AD&D Living Needs Features: These benefits are included at no additional cost to District employees and the insured: • Career Adjustment Benefit: Pays for qualifying tuition expenses incurred by an employee's eligible spouse for training aimed at obtaining employment or increased earnings within 36 months of the insured's death. • Child Care Benefit: Pays for qualifying child care expenses for all children under age 13 incurred by an employee's eligible spouse within 36 months of the insured's death. • Higher Education Benefit: Covers tuition expenses for up to four consecutive years for children attending or who will be attending college within 12 months after the insured's death. • Seat Belt Benefit: Paid if you or your insured dependent dies as a result of a car accident and is found to be wearing a seat belt. • Occupational Assault Benefit: Pays for qualifying loss resulting from an act of physical violence against the employee while at work;assault must involve a police report and be punishable by law. • Public Transportation Benefit: Pays for qualifying loss of life while riding as a fare-paying passenger on public transportation. Other information: Guaranteed Issue Amounts have been Enhanced • Employee guaranteed issue amount is now$200,000. Spouse life guaranteed issue amount is now$50,000 • The beneficiary you elect for your basic life and AD&D insurance will be the same for your employee voluntary term life insurance. • Employees cannot elect life coverage for a spouse who is also a District employee. • Voluntary spouse life premiums are calculated based on the employee's age. • The child life benefit will be a flat $5,000 or $10,000. If both parents work for the District, botpfannot purchase dependent coverage for the same children. 22