The Vendor is required to provide currently offers Basic Life/AD&D and Voluntary life for employee, spouse, and children. - Current Benefits: • Basic Life/AD&D: o 1x BAE to $150,000 max rounded to the next higher $1,000 if not already $1,000. • Voluntary Life for Employee: o $10,000 increments from $10,000-$150,000 Guaranteed Issue o Maximum $500,000 o 50% reduction on policy anniversary date following age 70 • Voluntary Life for Spouse: o $5,000 increments from $5,000-$25,000 Guaranteed Issue o Maximum $250,000 • Voluntary Life for Children: o $5,000 increments from $5,000-$10,000 o Child defined as 15 days to age 18 (older if disabled).
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