Life Insurance Benefits

Survivor benefits provide financial protection for your loved ones in the event of an unexpected event.

Basic Life & AD&D

Feature	Details
Basic Life	$15,000
Basic Accidental Death & Dismemberment	$15,000
Basic Child Life	$2,000(age 14 days to 26 years)

FeatureBasic Life

Details$15,000

FeatureBasic Accidental Death & Dismemberment

Details$15,000

FeatureBasic Child Life

Details

$2,000(age 14 days to 26 years)

Voluntary Life Insurance

Coverage For	Maximum	Guaranteed Issue / Increment
Employee Life Insurance	($12,500, $25,000, $37,500, $50,000, or $75,000)	You will be required to provide Statement of Health (SOH).
Child Life Insurance	You can select an additional $5,000	Covers children age 14 days to age 26. Statement of Health (SOH) does not apply to child life insurance.
Spouse Life Insurance	$10,000 to $25,000, in $5,000 increments	$5,000

Coverage ForEmployee Life Insurance

Maximum ($12,500, $25,000, $37,500, $50,000, or $75,000)

Guaranteed Issue / IncrementYou will be required to provide Statement of Health (SOH).

Coverage ForChild Life Insurance

MaximumYou can select an additional $5,000

Guaranteed Issue / IncrementCovers children age 14 days to age 26. Statement of Health (SOH) does not apply to child life insurance.

Coverage ForSpouse Life Insurance

Maximum$10,000 to $25,000, in $5,000 increments

Guaranteed Issue / Increment$5,000

Naming a Beneficiary

Your beneficiary is the person you designate to receive your Life insurance benefits in the event of your death. This includes any benefits payable under Basic Life. You receive the benefit payment fo…

Name a primary and contingent beneficiary to make your intentions clear. Indicate their full name, address, Social Security number, relationship, date of birth, and distribution percentage. Please note that in most states, benefit payments cannot be made to a minor. If you elect to designate a minor as beneficiary, all proceeds may be held under the beneficiary’s name and will earn interest until the minor reaches age 18. Contact the Horizon Solution Center or your own legal counsel with any questions.