TAB AD&D Program
TAB Cigna Personal Accident Inurance Program
Who Needs Personal Accident Insurance?
You do. Accident insurance can help you pay expenses if you or your spouse is seriously injured or killed in a covered accident. This insurance can help ensure that tragedy doesn’t take both an emotional and a financial toll on your family.
By purchasing this insurance through your employer, you benefit from:
- Affordable group rates
- Convenient payroll deduction
Who Is Eligible For Coverage?
You – If you are an active, full-time employee of the Association, an Association Director or a non-employee Director of a member company, an employee of a member company whose job does not require manual labor, exploration work, work with explosives or manufacturing of acids and/or explosives, or who is classified as an executive, engineer, chemist, department head, salesperson, supervisor, administrative/clerical/office employee, or a pilot who has provided pilot history acceptable to the insurance company, you are eligible to enroll in the plan.
Your Family – You may elect to cover your lawful spouse under age 80, and your unmarried dependent children who are under age 19 (or under age 25 if they are full-time students). Children must be dependent upon you for support and maintenance and must reside with you.
No one may be covered more than once under this plan. If covered as an employee, you cannot also be covered as a dependent.
How Much Coverage Can You Buy?
You — You may select from $10,000 to $500,000 of coverage, in units of $5,000, at an affordable price. If you are a pilot, your benefits are limited to a maximum of $100,000 when piloting an aircraft for the Association or a member company.
Your Family — You may select either Plan A or Plan B for family coverage.
- Plan A — Your spouse’s benefit amount will be 40% of yours, or 50% if you have no dependent children. Each of your covered children’s benefit amount will be 10% of yours, or 15% if you are a single parent.
- Plan B — Your spouse’s benefit amount will be 80% of yours, or 100% if you have no dependent children. Each of your covered children’s benefit amount will be 20% of yours, or 30% if you are a single parent.
Each family member’s coverage is a percentage of the benefit amount you select. It will depend on who your insured family members are at the time of a covered accidental loss.
Your Monthly Cost
Your cost will depend on the benefit amount and coverage option you select from the chart below. The chart below shows the most common benefit amounts. Other amounts are available, subject to the maximums indicated.
The monthly rate of coverage is:
Employee Only – $ .06 per $1,000
Employee & Family Plan A – $ .082 per $1,000
Employee & Family Plan B – $.104 per $1,000 of coverage
Pilot Coverage – An additional $ .306 per $1,000 of coverage applies.
To calculate your cost, divide the amount you select by 1,000 and multiply that number by the appropriate cost.
For example, for an employee (non-pilot) who selects $225,000 of coverage and Family Plan A:
$225,000 ÷ 1,000 = 225
225 x $.082 = $18.45 = Your Monthly Cost
When you reach age 80, your benefits will be reduced to 37.5% of the benefit amount selected and at age 85, 20%. If you elect coverage for your family members, Accidental Death & Dismemberment benefits for your insured family members will be based on your selected benefit amount. Other plan benefits based on your selected benefit amount will be determined by this reduction schedule. Coverage for your spouse ends when he or she reaches age 80. These reductions also apply if you elect coverage after age 79.
A Valuable Combination of Benefits
Personal Accident Insurance helps protect you against losses due to accidents. A covered accident is a sudden unforeseeable event that results in injury or death and that occurs while coverage is in force. We will pay the full benefit amount for accidental loss of life occurring within 365 days of a covered accident. To help survivors of severe accidents adjust to new living circumstances, we will pay benefits for dismemberment and loss of eyesight, speech or hearing according to the chart below.
If the same accident causes more than one of these losses, we will pay only one amount, but it will be the largest amount that applies. Loss of a hand or foot means complete severance through or above the wrist or ankle joint. Loss of sight means the total, permanent loss of sight of the eye. The loss of sight must be irrecoverable by natural, surgical or artificial means. Loss of speech means total, permanent and irrecoverable loss of audible communication. Loss of hearing means total and permanent loss of hearing in both ears which cannot be corrected by any hearing aid or device. Loss of a thumb and index finger means complete severance through or above the metacarpophalangeal joints (the joints between the fingers and the hand). California Residents: Loss of a thumb and index finger means complete severance of at least one whole phalanx (a bone of the finger) of each. Severance means complete separation and dismemberment of the limb from the body.
For Children Requiring Special Care
Personal Accident Insurance helps parents with children who survive severe accidents. If an insured child suffers a covered accidental injury, we will double the benefit amount up to $50,000. If your child subsequently dies within 90 days of the covered accident, then we will pay only the death benefit payable under the plan. The chart shown reflects this additional benefit.
This increased benefit can help parents cope with the ongoing financial obligations associated with caring for children who require continued medical attention, rehabilitation services and a specialized educational environment.
For Permanent Total Disability
Employee Only—If you are declared totally disabled as a result of a covered accident and after one year of continuous disability are then determined to be permanently totally disabled, we will pay you 1% of the full benefit amount each month from the 13th month of total disability. We will continue your monthly payments until you recover, or have received the full benefit amount minus any benefits you have received for accidental injuries under this plan. If you are age 62 or over when permanent total disability (PTD) begins, payments will end at the end of the benefit period listed below. Permanent total disability coverage will end at the age 66 for non-employee directors, and at age 70 for all employees.
Totally disabled means you cannot perform the substantial and material duties of your job. Permanently totally disabled means you are not expected to do any work for the rest of your life for which you are or can become qualified by reason of your education, training or experience.
For Dual Accidents
If you have elected coverage for your family members and, as a result of the same covered accident or separate covered accidents that occur within the same 24-hour period, you and your insured spouse die, we will increase your spouse’s benefit amount to 100% of yours. Both benefits combined cannot be more than $1,000,000.
For Training for Your Spouse
If you have elected spouse coverage, your spouse will receive educational reimbursement if he or she enrolls, within one year of your death in a covered accident, in an accredited school to gain skills needed for employment. We will pay the actual cost of this education or training program, for not more than one year after enrollment begins, up to a maximum of $3,000.
If you do not have a qualifying spouse, we will pay an additional $1,000 to the insured’s beneficiary.
For College Education
The education benefit can give employees who sign up for coverage for their family members extra peace of mind if their children are either in college or college-bound.
If you or your insured spouse die in a covered accident, we will pay an extra benefit for each insured child who is enrolled in college or is in the 12th grade and enrolls in college within one year of the accident. To help pay college expenses, we will increase your benefit amount by 2% (up to $2,500) for each qualifying child. This benefit is payable each year for four consecutive years as long as your children continue their college education.
If there is no qualifying child, we will pay an additional $1,000 to the insured’s beneficiary.
For Exposure and Disappearance
Benefits are payable if you suffer a covered loss due to unavoidable exposure to the elements as a result of a covered accident. If your body is not found within one year of the disappearance, wrecking or sinking of the vehicle in which you were riding, it will be presumed that you sustained loss of life as a result of injury.
For Wearing a Seatbelt
This benefit is payable if an insured person dies as a result of injuries sustained in a covered accident while driving or riding in a private passenger car* equipped with seatbelts. If that person was wearing a properly fastened seatbelt (or if the insured is a child, a child restraint as defined by state law), that person’s death benefit will be increased by 10%, but not less than $1,000 nor by more than $10,000. If it is unclear whether the insured had been wearing the required protection, the plan will pay a benefit of $1,000. No benefit is payable if the official accident report is either not provided to us or it indicates that no seatbelt was worn.
* A validly registered four-wheel private passenger (or policyholder-owned) car, station wagon, jeep, pickup truck, or van-type car.
For Hospital Stays
When a covered accident requires that you, or an insured family member, be hospitalized, the plan will pay, after a seven-day waiting period, a daily benefit of 1/30th of 1% of the covered person’s benefit amount. The daily benefit amount is subject to a minimum of $25.00 per day and a maximum of $100 per day for up to 365 days. The covered person must be under a doctor’s care and must be confined to the hospital as an inpatient for at least 8 days. Two or more periods of hospital confinement, due to the same accident, are treated as one period of confinement if separated by 6 months or less.
Personal Accident Insurance pays an additional benefit if you or an insured family member enters a coma.
If you, your spouse, or your children are in a coma as a result of a covered accident, we will pay a Coma Benefit as long as the insured person entered the coma within 31 days of the accident.
After the insured person has been in a coma for 31 days, we will begin to make monthly payments of 1% of the covered person’s full benefit amount. We will make 11 monthly payments, provided the person remains in a coma during this period. If the person recovers, the payments will stop.
If the insured person dies, as a result of a covered accident, while the monthly Coma Benefit payments are being made, or if the insured person remains in a coma after the 11 monthly payments have been made, he or she will be entitled to a lump sum payment equal to the full benefit amount, minus any amounts we have paid or owe under the schedule of losses. This lump sum payment will end the insured person’s coverage under the policy. No further benefit will be paid.
For Victims of Crime
Personal Accident Insurance pays an additional benefit for employees who are victims of crime. If you suffer bodily injury or die as a result of a felonious assault, robbery, holdup or kidnapping during a holdup, while at work or while traveling on business, we will increase your benefit amount by 1%, not to exceed $25,000. We will not pay if you are assaulted by a fellow employee, or household or family member.
What Is Not Covered
Plan benefits are not payable if a loss results, directly or indirectly, from or is caused by, self-inflicted injuries or suicide; any felony committed by the insured; any act of war, declared or undeclared; sickness, disease, physical or mental impairment or medical or surgical treatment thereof, or bacterial or viral infection, regardless of how contracted. (This does not include bacterial infection that is the natural and foreseeable result of an accidental external cut or wound, or accidental food poisoning.)
Benefits are also not payable if the loss occurs while the covered person is engaged in the activities of active duty service in the military, navy or air force of any country or international organization (this does not include Reserve or National Guard training, unless it extends beyond 31 days); traveling in an aircraft that is owned, leased or controlled by the sponsoring organization; traveling in an experimental aircraft or one designed to be used in outer space; traveling in an aircraft that is being operated by or for a military authority other than U.S. Military Airlift Command, or similar foreign service; hang gliding; parachuting, except for self-preservation; piloting or serving as a crew member in any aircraft; and taking a flying lesson in any aircraft.
When Your Coverage Begins and Ends
Current employees can sign up during this enrollment period. New employees have 31 days from the date they become eligible to enroll. Coverage becomes effective on the first of the month after receipt of your application. Provided the application has been received and the appropriate premium paid, dependent coverage will start when your coverage begins.
If you are not actively at work, the effective date of your insurance will be deferred until you are actively at work. If your spouse is not regularly performing the duties of his/her occupation, or if your spouse or children are unable to engage in all the usual duties of a person of like age and sex, the effective date of their insurance will be deferred until they return to work or resume their usual duties.
Your coverage will continue as long as you remain an eligible employee, pay your premium when due, do not serve more than 30 days’ full-time active duty in any Armed Forces, and we agree with your employer to continue this group policy. For your spouse and dependent children, coverage ends when your coverage terminates, when their premiums are not paid, or when he or she is no longer eligible, whichever occurs first.
Changing from the Group Plan to Individual Coverage
If, before you reach age 70, this group coverage ends for any reason except non-payment of premium, you can convert to an individual policy. No medical certification is needed. To continue coverage, you must apply for the conversion policy and pay the first premium in effect for your age and occupation within 31 days after your group coverage ends. Family members may convert their coverage as long as they have not reached the maximum age limitation. Converted policies are subject to certain benefits and limits as outlined in your certificate, should you become insured under the plan.