Regular Part-Time Associates are Eligible for Basic Life Insurance

The Exchange offers life insurance for all regular part-time associates.

You don’t want to leave your family in dire financial straits. The cash replaces your income and can help your family meet many important financial needs, such as funeral costs, daily living expenses and college funding.

You get to pick the person—your beneficiary—who would receive benefits.

The life insurance plan features:

• Four coverage levels: $10,000, $20,000, $30,000 and $40,000.
• Basic Life benefit: pays coverage amount to the beneficiary upon your death.
• Accidental Death & Dismemberment (AD&D) benefit: pays coverage amount to your beneficiary if your death is accidental. It also pays you a portion of the coverage amount if you lose a hand, foot or eye due to an accident.

Premiums are based on age and are available on eBenefits.

You may enroll at any time. Your first opportunity to enroll was within 31 days of becoming a regular part-time associate. If you didn’t enroll then, you can still sign up, but you’ll be asked to provide proof of good health before coverage can begin.

You can update your beneficiary for the basic life insurance plan or other Exchange plans at any time.

To learn more, enroll, increase coverage or update beneficiaries, go to the Exchange portal, click on Employee Self Service, put in your Y number and password, and click on eBenefits on the next screen.