Benefits Handbook

The Plan pays money to someone you name as your beneficiary if you die during active employment.

You can elect a death benefit equal to one to eight times your salary rounded to the next $1,000, if not already an even multiple of $1,000. The minimum coverage amount is $10,000.

Example: An employee with a salary of $50,100 who elects three times GVUL Insurance Plan coverage will have a benefit of $151,000.

This benefit is in addition to any benefit received under the Company's Basic Life Insurance Plan.

The Plan will pay up to a maximum death benefit amount of $5 million.

There are no benefits paid in the event of suicide, while sane or insane, within two years from the effective date of coverage.

Your coverage will continue during Short Term Disability. The cost for continuing your GVUL Insurance Plan benefit will be deducted from your paycheck when you are on Short Term Disability.

As long as you receive benefits under the Company's Basic Long Term Disability Plan, your coverage will continue while you are out on Long Term Disability and your monthly premiums for your life insurance costs will be paid by MMC. You will receive a direct bill from MetLife for all other premiums for your Spouse and Child(ren) Life insurance coverage as well as any premiums for your Investment options.

No, this Plan does not pay any additional amount for accidental death.

The Company has a separate Voluntary Accidental Death & Dismemberment Plan (AD&D) in which you may be eligible to participate.

You may continue coverage, provided you pay the required contributions. (You may not enroll for or increase coverage while you are on a leave of absence.)

If you die while you are an active employee, the GVUL Insurance Plan benefit will be paid to your beneficiary and insurance coverage ends on your date of death.