Life and Accidental Death and Dismemberment Coverage
Life insurance and accidental death and dismemberment (AD&D) insurance will help financially protect you and your family in the case of death or serious injury.
IncredibleBank provides a Group Basic Life Insurance policy through Symetra of 2x times your annual salary (up to a maximum of $400,000) at no cost to you.
Accidental Death and Dismemberment (AD&D) coverage is also provided up to the amount of your life benefit of 2x times your annual salary (up to a maximum of $400,000) at no cost to you.
Group Term Life Coverage
| Group Term Life | |
|---|---|
| Basic Life & AD&D Insurance Plan (1st of the month following 30 days of employment) |
|
| Company Paid Benefit | Equal to two times annual salary |
Please click here for more information on your Group Term Life Policy through Symetra.
A reminder about the exciting changes to your Symetra Group Life Insurance value-added services:
Voluntary Supplemental Life Coverage
- Administered by Symetra
- Option to purchase additional life insurance beyond the bank’s coverage (employee, employee’s spouse, employee’s children)
- Up to $100K/$50K guarantee issue for Employee/Spouse without evidence of insurability upon becoming benefit eligible. A child’s maximum coverage amount is $10K through age 25 or a disabled child who is continuously incapable of self-sustaining employment because of mental or physical handicap and primarily reliant upon you for support.
- An employee must take out a policy on themselves in order to add coverage to a spouse (up to 50% of employee’s policy) or child at a flat $10K
- Benefit is portable after 1 year of participation
- See linked rate chart
Do you want to purchase life insurance above the guaranteed issue of $100k or have you passed the eligibility period and now want to add coverage for yourself and or a dependent? Contact the People Team for more information.
Please contact the People Team for assistance with this program.
Additional Benefits
Emergency Travel Assistance – if you have a medical emergency while you are more than 100 miles away from home or for more than 90 days – you can be connected to Travel Assistance.
- Passport, visa, weather and currency exchange information
- Advance of $500 in emergency cash
- Emergency ticket, credit card and passport replacement
- 24/7/365 phone access to registered nurses for health and medication information
- Emergency evacuation to the nearest adequate medical facility
Please click here for the Travel Assistance Service Overview.
The following changes to the value-added services offered with Symetra Group Life Insurance policies as part of the Symetra Support program:
- On Call International is taking over the administration of our Travel Assistance, Identity Theft Assistance, and Beneficiary Assistance programs. More information, including contact information, a description of coverage, frequently asked questions, marketing material and more, can be found in the On Call – Symetra portal.
- EstateGuidance® provided by ComPsych, has been added to the services portfolio to provide a simple, secure and affordable online estate planning tool. More information can be found in the attached marketing material and at EstateGuidance.com.
Identity Theft Protection Program
Symetra’s ID theft protection program provides insight on how to protect your personal information and will help resolve identity theft when that has taken place.
- Lost wallet assistance
- Credit information review and Three-Bureau fraud alert
- Call 1-877-823-5807 and mention the Symetra Identity Theft program for assistance
Please click here for the Identity Theft Protection Program Overview.