PROTECT WHAT MATTERS
LIFE AND AD&D INSURANCE
ONI provides company-paid life and AD&D coverage through Prudential, with optional supplemental coverage you can add for yourself and your family.
Basic Life and AD&D
ONI provides Basic Life and Accidental Death & Dismemberment (AD&D) coverage through Prudential to all eligible employees who are actively at work, and pays 100% of the premium.
Your benefit is 2x your base annual earnings, up to $500,000, updated January 1 each year. Base annual earnings means your prior year total compensation.
Spouse
$50,000 of Basic Dependent Life coverage. You can enroll without evidence of insurability.
Children
$10,000 of Basic Dependent Life coverage per child. You can enroll without evidence of insurability.
Supplemental Life and AD&D
You may purchase additional coverage during your initial eligibility period. Supplemental AD&D equals the amount of supplemental life you purchase.
$10,000 to $500,000 in $10,000 increments. New enrollees can elect up to the lesser of 3x base salary or $500,000 without evidence of insurability (EOI).
$50,000 to $100,000 in $10,000 increments. All spouse supplemental life requires evidence of insurability.
- In-network vs. out-of-network care
- Primary care physicians
- Specialists
- Urgent Care
- Emergency services
- Telehealth
Anything above 3x base salary requires EOI. Current enrollees can increase up to $10,000 without EOI at open enrollment.
Coverage is based on your age and reduces to 65% at age 70. Rates are per $1,000 of coverage, and AD&D costs $0.018 per $1,000 at all ages. Example: a 35-year-old electing $80,000 in supplemental life pays 80 x $0.111 = $8.88 per month, or $4.10 per pay period across 26 pay periods.
Ready to Enroll?
Open enrollment runs October 19 – November 6, Review your options, compare plans and make your elections online through UltiPro.