Basic Life and AD&D Insurance

Life and Accidental Death and Dismemberment (AD&D) benefits are essential to the financial security of you and your family. As such, it is important to understand how your Plan works and what benefits you will receive.

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

Air Medical Group Holdings provides employees with Basic Life and AD&D insurance through UNUM, which guarantees that loved ones, such as a spouse or other designated survivor(s), continue to receive part of an employee’s benefits after a death.

Your Basic Life insurance benefit is $50,000, provided at no cost to you. You are also provided a company-paid AD&D benefit of $50,000. If you are a full-time employee, you automatically receive Life and AD&D insurance even if you elect to waive other coverage.

Beneficiary Designation

A beneficiary is the person you designate to receive your Life insurance benefits in the event of your death. This includes any benefits payable under Basic Life offered by Air Medical Group Holdings. Benefits payable for a dependent’s death under the UNUM insurance are payable to you.

It is important that your beneficiary designation is clear so that there will be no question as to your intentions. It is also important that you name a primary and contingent (optional) beneficiary. Beneficiaries are designated in Workday. You may change this designation at any time. When naming your beneficiary(ies), please indicate their full name, address, Social Security number, relationship, date of birth and distribution percentage. 401(k) beneficiaries MUST be designated at MassMutual, not in Workday.

If you name more than one beneficiary with unequal shares, please show the amount of insurance to be paid to each beneficiary in percentages.

Mary J. Doe,
Wife (34%)
Joseph W. Doe,
Son (50%)
Jane Doe,
Daughter (33%)
Jane Doe,
Daughter (50%)
John Doe,
Son (33%)
Estate of the Insured

If you need assistance, contact Human Resources or your own legal counsel.

Coverage Amount$50,000
Who PaysBasic Life and AD&D benefits are provided to you as part of your basic coverage.
Benefits PayableBasic Life: If you die
Basic AD&D: If you lose a limb or suffer paralysis from an accident or in case of death
Maximum Benefit$50,000