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Loyola University Chicago

Human Resources

Accidental Death and Dismemberment (AD&D) Insurance

Overview

This plan provides protection for all benefits-eligible faculty and staff if you, your spouse, or your dependent children (up to age
26 and unmarried) die or are dismembered as a result of an accident. The plan provides full coverage 24 hours-a-day, 365 days-a-year. You may purchase one of four coverage amounts for you and/or your family:

If you choose coverage for yourself, your beneficiary will receive 100% of this coverage if you should die in an accident. If you are
dismembered in an accident, you will receive a percentage of your benefit amount. If you choose coverage for your family, the
chart below shows your family’s death benefit amounts. Your spouse is eligible until age 70. A Legally Domiciled Adult (LDA) is
not eligible.

 

Accidental Death and Dismemberment Insurance (AD&D)
If you cover your … The death benefit amount paid would be …
Spouse only 50% of your benefit for spouse up to a maximum of $150,000
Child(ren) only 20% of your benefit up to a maximum of $30,000 per child
Spouse and Child(ren) 40% of your benefit for your spouse up to a maximum of $150,000 and 
10% of your benefit per child

 

Elective Termination of Life and AD&D Insurance

You have the option to terminate your life insurance election(s), such as Employee Supplemental Life, Dependent Spouse Life,
Child Life, and AD&D, typically during the annual Benefits Open Enrollment period. If you choose to re-elect your life insurance,
this can be done only during a Benefits Open Enrollment period or if you experience a qualifying event. Loyola’s life insurance
carrier will request that you complete its Evidence of Insurability form. Your life insurance (term life) ends on the last day worked
(refer to Continuation of Life Insurance ).

Loyola

Office of Human Resources
820 N. Michigan Ave., Chicago, IL 60611
312.915.6175 · hr-wtc@luc.edu

Notice of Non-discriminatory Policy