Cigna Life and AD&D


Basic Life & AD&D Insurance

Associates are provided a company-paid group life and accidental death and dismemberment (AD&D) insurance . The benefit coverage is equal to $100,000. Additionally, life insurance is paid and provided for spouses at $10,000 and child(ren) at $5,000 each. Children must be 6 months old to receive the full benefit.

Voluntary Life & AD&D Insurance

Associates who want to supplement their group life insurance benefits may purchase additional coverage for themselves, a spouse and covered dependents. All enrollments by current associates who do not elect during their initial New Hire enrollment will be subject to underwriting. Underwriting may consist of a medical history questionnaire (the “EOI”) and a paramedical examination.

Who is Eligible and When

Active associates working a minimum of 30 hours per week are eligible for both Basic and Voluntary Life coverage. Voluntary Life coverage can also be elected for spouse and dependent children. The coverage is effective the first of the month following date of hire. Benefit coverage amounts reduce at the beginning of the policy year following age attainment.  Associate coverage reduces to 65% at age 70, 55% at age 75 and 30% at age 80.  Associate coverage terminates at retirement. Spouse coverage terminates when the Associate turns age 70.

Maximum Benefit


Guaranteed Issue Amount


5x salary up to a maximum of $500,000

$10,000 $150,000


Up to 100% of associate coverage amount no to exceed $500,000 $5,000 $50,000

Dependent Children

up to age 19 or 26 full-time student

Up to 100% of associate coverage amount not to exceed $10,000 per child $2,000 N/A

Note: In order to elect Life/AD&D coverage for a spouse or child, associates must elect coverage for themselves.

Complete information on life and AD&D benefits can be found in the Mariner Wealth Advisors, LLC Health Care Plan Summary Plan Description and SPD Supplement on the Annual Notices Page.