2026 Benefits
Survivor Benefits
Employer-paid basic life plus voluntary coverage options.
Survivor Benefits Overview
New York Life provides employer-paid Basic Life and AD&D coverage, with the option to purchase additional voluntary coverage for you and your family.
Basic Life & AD&D (Employer Paid)
| Detail | Information |
|---|---|
| Carrier | New York Life |
| Life Coverage Amount | $50,000 |
| AD&D Benefit Amount | $50,000 |
| Cost to Employee | $0 — fully employer paid |
| Evidence of Insurability Required | No |
| Age Reduction Schedule | 65% at age 65; 50% at age 70 |
Carrier
InformationNew York Life
Life Coverage Amount
Information$50,000
AD&D Benefit Amount
Information$50,000
Cost to Employee
Information$0 — fully employer paid
Evidence of Insurability Required
InformationNo
Age Reduction Schedule
Information65% at age 65; 50% at age 70
Voluntary Life Insurance
| Detail | Employee | Spouse | Child(ren) |
|---|---|---|---|
| Available | Yes | Yes | Yes |
| Increments | 1x, 2x, 3x, 4x, or 5x salary | $5,000 increments | $1,000 increments |
| Maximum | $750,000 | Lesser of 100% of employee election or $250,000 | $10,000 |
| EOI Threshold | $150,000 | $25,000 | Not required |
| Age Limit | — | — | Under age 26 |
Available
EmployeeYes
SpouseYes
Child(ren)Yes
Increments
Employee1x, 2x, 3x, 4x, or 5x salary
Spouse$5,000 increments
Child(ren)$1,000 increments
Maximum
Employee$750,000
SpouseLesser of 100% of employee election or $250,000
Child(ren)$10,000
EOI Threshold
Employee$150,000
Spouse$25,000
Child(ren)Not required
Age Limit
Employee—
Spouse—
Child(ren)Under age 26
Voluntary AD&D
| Detail | Information |
|---|---|
| Available | Yes (included with Voluntary Life) |
| Increments | Same as life insurance election |
| Maximum | Same as life insurance maximum |
Available
InformationYes (included with Voluntary Life)
Increments
InformationSame as life insurance election
Maximum
InformationSame as life insurance maximum
Carrier Contacts
New York Life