Life and AD&D

Basic Life Insurance

Eligible full-time and part-time employees of Tufts Health Plan are provided with Basic Life Insurance coverage equal to 1x your annual earnings, rounded to the next higher $1,000. The Company pays the full cost of this coverage. 

ANNUAL EARNINGS
For plan purposes, your “annual earnings” is your base salary only. It does not include: 

  • bonuses;
  • commissions;
  • overtime pay;
  • earnings for more than 40 hours per week; or
  • other additional forms of compensation. 

IF YOU WORK AFTER AGE 65
If you remain in active employment with the Company after age 65, your Basic Life Insurance coverage will be reduced as follows: 

Active Employee Age* Basic Life Insurance Coverage
Age 65 65% of annual earnings
Age 70 or more 50% of annual earnings

*reductions shown go into effect as of your 65th or 70th birthday 

DISABILITY AND TERMINAL ILLNESS BENEFITS
Special rules apply if you become totally disabled or terminally ill while you are covered by Basic Life Insurance. Refer to the Disability and Terminal Illness Benefits section for an explanation. 

The amount of your Basic Life Insurance coverage will automatically adjust to match changes in your annual earnings. The maximum Basic Life Insurance benefit is $500,000.