Basic Life and AD&D Insurance
Life insurance pays your beneficiary in the event of your death.
It shouldn’t be expensive to protect your family’s future
WSP provides you with company paid Basic Life and Accidental Death & Dismemberment insurance, and employee-paid options through MetLife.
To compliment your PADD and VADD MetLife insurance coverage, you have access to Travel Assistance1 services, a unique program where you and covered family members (enrolled employee and their eligible dependents) can contact AXA representatives to administer emergency medical, travel and personal assistance services on your behalf wherever you are in the world.
Basic Term Life and AD&D Insurance
WSP USA provides you with Basic Term Life and AD&D insurance coverage. You have the option to purchase Voluntary AD&D insurance coverage.
Voluntary Accidental Death and Dismemberment (VAD&D) Insurance
VAD&D insurance is a separate election from Group Universal life insurance and provides coverage for severe accidents or loss of life. It covers various losses such as loss of limbs, sight, speech and hearing, various forms of paralysis, brain damage, and coma.
VAD&D coverage is available for you and your dependents as follows:
- Employee: 1 to 5 times your base annual earnings up to $1,500,000
- Spouse/Domestic partner Only: 50% of your coverage amount up to $750,000
- Spouse/Domestic partner & Child(ren): Spouse: 40% of your coverage amount up to $750,000 and Child(ren): 10% of your coverage amount up to $150,000
To compliment your VADD MetLife insurance coverage, you have access to Travel Assistance1 services, a unique program where you and covered family members (enrolled employee and their eligible dependents) can contact AXA representatives to administer emergency medical, travel and personal assistance services on your behalf wherever you are in the world.
Basic Term Life and AD&D Insurance
Life has changed, but the need to protect and provide for loved ones has not.
Documents & Certificates
Resources
Contact Information:
For inquiries on Health and Welfare benefits including enrollment call WSP USA Benefits Center at 1-844-848-1142. Monday – Friday, 8 am to 8 pm EST.
Life Insurance FAQs
While having life insurance provided by your employer is a great benefit, it’s possible that it may not be enough to adequately provide for your family. Additional life insurance can give your family greater financial security if you are no longer here to earn a paycheck.
Everyone is different, but you may need more than you have now. The insurance you need changes as your life changes — for example, getting married, starting a family or buying a home might change the coverage you need. Many people are surprised to learn that they don’t have enough life insurance to cover the many expenses their loved ones may face.It’s simple to determine the amount of coverage you need now:
Go to www.metlifeiseasier.com to calculate how much life insurance may be right for you or scroll down and link to the Life Insurance Calculator.
It may be less expensive than you think. MetLife’s group life insurance plans are an economical way for you to provide for your family with competitive group rates and a wide range of coverage options to choose from. Exact rates can be found in the enrollment materials provided by your employer.
Premiums are conveniently paid through payroll deduction, so you don’t have to worry about writing a check or missing a payment.
- You get competitive group rates and a wide range of coverage options to choose from.
- Proceeds are generally income tax free and can be paid to your beneficiary in a lump-sum payment.
- You will have the convenience of having premiums automatically deducted from your paycheck
With portability, you can take your life insurance benefits with you without a gap in coverage. You can continue your Group Life insurance coverage with MetLife should you leave your employer for any reason. Competitive rates apply but will likely be higher than your current rates. MetLife will bill you directly2
How much Life insurance should you have?
Protect what matters most
Take control of your life insurance coverage so you’ll have the right protection in place for you and your family at all times.
1 LIMRA - http://www.limra.com/uploadedFiles/limra.com/LIMRA_Root/Posts/PR/LIAM/PDF/Infographic_TrueCost.pdf
Like most group insurance policies, insurance policies offered by MetLife contain certain exclusions, exceptions, waiting periods, reductions, limitations and terms for keeping them in force. Please contact your benefits administrator or your MetLife Group Representative for costs and complete details.