Accidental Death and Dismemberment Insurance provides additional protection for employees in the event they are killed or severely injured in a covered accident. This insurance can help families deal with expenses and financial obligations that arise in the wake of a serious accident.
Employees, who work a minimum of 19 hours a week, may purchase coverage in the following amounts as requested by the employee and approved by VOYA.
- $10,000 to $500,000 for the employee
- 100% or less of the employee amount for spouse
- $10,000 to $25,000 each for dependent children
Flexible Spending Accounts can be used to set aside pre-tax dollars to spend on un-reimbursed medical services, dependent care, and other supplemental insurance products.