Basic Life and AD&D Insurance
New Castle County provides Basic Life and A&D benefits to eligible employees. Be sure to designate a beneficiary for the life insurance benefit.
New Castle County provides all eligible employees, at no cost, with a basic Life and Accidental Death and Dismemberment benefit through Hartford Life and Accident Insurance Company
- 1.5 times your annual earnings the minimum benefit of $50,000 to a maximum of $200,000. Life insurance pays your beneficiary a benefit if you die while you are covered.
- Open enrollment is a good time to review your beneficiary information.
Hartford AD&D
Hartford Supplemental
Basic Life Beneficiary Form
Video: Life and AD&D Insurance
Common Life Insurance Terms:
Accidental Death Insurance (AD&D): Generally an add-on to a regular life insurance policy, it is only paid if the death of the insured occurs as the result of an accident.
Age Reductions: Most insurance policies reduce your life insurance benefit as you age.
Beneficiary: The person or party named by the owner of a life insurance policy to receive the policy benefit.
Contingent beneficiary: The party designated to receive proceeds of a life insurance policy following the insured’s death if the primary beneficiary predeceased the insured.
Conversion: If you ever leave employment, you may be able to convert the group policy into an individually owned life insurance policy.
Coverage Amount: Value of life insurance.
Portable: If you ever leave employment, you may be able to port the life insurance coverage to a new plan.
Premiums: Amount paid to the insurance company to buy a policy and keep it in force.