Effective the first of the month following the completion of 60 days of employment, you will be enrolled in Advantus’ life insurance group policy. Advantus provides $25,000 life insurance and AD&D for all full time benefits eligible employees through USAble Group Life Insurance Co. This policy is at no cost to you.
In addition, Advantus offers you voluntary Life Insurance benefits through USAble Group Life Insurance Co. Employees can elect up to $500,000 (exclusions apply) and up to $50,000 for a spouse. Employees may also elect a plan for children. The voluntary Life rate for a child is $.90 per month for a $5,000 policy.
Employees are eligible to participate upon completion of the introductory period. Rates vary based on factors such as age, amount of coverage, and smoker vs. non-smoker.