Life and Accidental Death and Dismemberment (AD&D) Insurance

REI offers a variety of insurance coverages. You can also choose to buy supplemental coverage for you and your eligible dependents.

Plan Details

Insurance Plans

If eligible, you are automatically enrolled in the following plans at no cost to you:

Part-time employees

$20,000

Full-time employees

Benefit equal to 1X your annual base pay (up to $850,000)

Part-time employees

$20,000

Full-time employees

Benefit equal to 1X your annual base pay (up to $850,000) for certain serious losses due to an accident

Supplemental Insurance Plans

You can also choose to purchase the following coverage to supplement your REI-paid basic coverage:

Supplemental Life Insurance*

WHO'S COVEREDBENEFITYOUR BI-WEEKLY CONTRIBUTION
You1 to 6 times your basic life benefit (up to $850,000 for full-time employees; combined max. of $1.7 million for basic and supplemental coverage)Rates are based on the benefit level you choose and your age.
Your spouse/life partner$20,000, $50,000 or $75,000Rates are based on the benefit level you choose and your age.
Your children (over 6 months)$10,000
$20,000
$0.91
$1.82
*If you are 65 years or older, life insurance benefits will be reduced. Ages 65-69: The plan will pay 65% of the benefits. Ages 70+: The plan will pay 50% of the benefit.

 

Supplemental Accidental Death & Dismemberment (AD&D) for You*

WHO’S COVEREDBENEFITYOUR BI-WEEKLY CONTRIBUTION
You$25,000$0.21
$50,000$0.42
$100,000$0.83
$150,000$1.25
$200,000$1.66
$300,000$2.49
*If you are 65 years or older, life insurance benefits will be reduced. Ages 65-69: The plan will pay 65% of the benefits. Ages 70+: The plan will pay 50% of the benefit.

 

Supplemental Accidental Death & Dismemberment (AD&D) for You and Your Dependents*

WHO’S COVEREDBENEFITYOUR BI-WEEKLY CONTRIBUTION
You + dependents (spouse/life partner and/or children)$25,000$0.31
$50,000$0.62
$100,000$1.25
$150,000$1.87
$200,000$2.49
$300,000$3.74
*If you are 65 years or older, life insurance benefits will be reduced. Ages 65-69: The plan will pay 65% of the benefits. Ages 70+: The plan will pay 50% of the benefit.

Evidence of Insurability (EOI)

You or your spouse/life partner may be required to complete Evidence of Insurability (EOI), also known as proof of good health, in the form of a questionnaire or medical examination prior to having your Supplemental Life Insurance election approved.

If you don’t enroll when you are initially eligible or you want to increase your coverage, certain types of insurance require you or your family members to show proof of good health. During Benefits Open Enrollment or for a qualified life event, you may have to provide EOI:

  • To enroll in Supplemental Life Insurance or Supplemental LTD for the first time
  • To increase your Supplemental Life Insurance coverage amount by more than one level
  • To enroll in or increase your Supplemental Spouse/Life Partner Life Insurance coverage

REI’s enrollment system will help you determine if EOI is required while you are electing coverage or making changes.

The Hartford will send you or your spouse/life partner an EOI form in the mail. Complete and mail the form or submit it through The Hartford’s online system within 31 days. If the form is late, your coverage may be delayed.

Call The Hartford at 1-800-331-7234 to check the status of your application. Once The Hartford has approved your EOI, they will notify the Employee Service Center and the appropriate payroll contributions will be made.

Choosing Your Beneficiary

If you’re new to REI’s Benefits Plan, you must designate a beneficiary for your Life and AD&D coverage. When you enroll using REI’s benefits enrollment system, you’ll have to include the beneficiary’s full name, Social Security number and relationship to you. You can change your designation at any time for any reason. As a reminder, your beneficiary for the retirement plan needs to be completed separately through Charles Schwab.