Survivor Benefits

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

Basic Life & AD&D

Feature	Details
Life Coverage	1x basic annual salary, up to $50,000
AD&D Benefit	Included AD&D matches Basic Life amount
Child Life	$2,000 (dependents age 14 days to 26 years)
Employee Cost	$0 - fully employer paid
Auto-Enrollment	Full-time employees automatically receive Life and AD&D even if they waive other coverage

FeatureLife Coverage

Details1x basic annual salary, up to $50,000

FeatureAD&D Benefit

Details

Included
AD&D matches Basic Life amount

FeatureChild Life

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

FeatureEmployee Cost

Details$0 - fully employer paid

FeatureAuto-Enrollment

DetailsFull-time employees automatically receive Life and AD&D even if they waive other coverage

Voluntary Life Insurance

Coverage For	Maximum	Guaranteed Issue / Increment
Employee	Up to 8x salary or $1,000,000 (whichever is less)	Increase by one plan increment (1x-8x) up to $350,000 without Statement of Health (SOH)
Spouse	Up to $100,000	Increase by one plan increment up to $50,000 without SOH
Child (age 14 days to 26)	Up to $20,000	SOH does not apply to child life insurance

Coverage ForEmployee

MaximumUp to 8x salary or $1,000,000 (whichever is less)

Guaranteed Issue / IncrementIncrease by one plan increment (1x-8x) up to $350,000 without Statement of Health (SOH)

Coverage ForSpouse

MaximumUp to $100,000

Guaranteed Issue / IncrementIncrease by one plan increment up to $50,000 without SOH

Coverage ForChild (age 14 days to 26)

MaximumUp to $20,000

Guaranteed Issue / IncrementSOH does not apply to child life insurance

Naming a Beneficiary

When naming a primary and contingent beneficiary, provide:

Full name
Address
Social Security number
Relationship to you
Date of birth
Distribution percentage

In most states, benefit payments cannot be made directly to a minor. If a minor is named, proceeds may be held under their name and earn interest until they turn 18.

Questions? Contact the Horizon Solution Center or your own legal counsel.

Statement of Health (SOH)

Statement of Health (SOH) requirements vary by coverage type and increase amount; see each coverage category above for specifics.