Life and Accident Insurance
Full-time and part-time employees are eligible to participate in the Life and AD&D insurance plan administered by Cigna. This benefit pays in the event of your death or the death of an eligible dependent. The plan also pays a benefit if you or an eligible dependent loses a limb, vision, speech, and hearing or dies due to an accident.
if you are a full or part time employee CPH pays the FULL COST to provide you with a Life and AD&D policy with coverage equal to one times your annual pay. Only upon hire OR during open enrollment, you may choose to purchase additional coverage.
Optional Life and AD&D Insurance
- Employee Life: Optional life and AD&D insurance are available if you want more insurance than what CPH provides. Employees may elect coverage in $10,000 increments to a maximum of $700,000 or 7 times your annual salary, whichever is less. The Employee Guarantee Issue, at the time of initial enrollment is $80,000. If you choose coverage beyond that you will be required to provide satisfactory evidence of good health. The amount of your benefit is reduced by 35% at age 65 and 50% at age 70.
- Spouse Life: You may choose to elect life and AD&D coverage for your spouse in increments of $5,000. The Spouse Guarantee Issue at the time of initial enrollment is $25,000. If you choose coverage beyond that you will be required to provide satisfactory evidence of good health. You may not elect coverage for your spouse higher than the coverage you are electing for yourself.
- Child/Children Life: You may choose to elect life and AD&D coverage for your child or children amounts of $1,000, $5,000 or $10,000 per eligible child.
Additional Information and Forms
Click here to view the Term Life and Accident Booklet
Click here to find forms