Benefits Microsite -

ATD has made it a priority to provide peace of mind on your own, which is why we have made it a priority to give you the ability to assemble a complete Life Insurance portfolio.

Part-time associates are not eligible for Life and AD&D Insurance.

Basic Term Life and Accidental Death and Dismemberment Insurance

ATD provides eligible associates with Basic Term Life and Accidental Death and Dismemberment (AD&D) coverage at no cost to you and enrollment is automatic the first of the month after your date of hire.

Basic Term Life: The benefit is equal to 2x your annual earnings* rounded to the next higher $1,000 (not to exceed $1,000,000)
Accidental Death and Dismemberment: If you are seriously injured or lose your life in an accident, you will be eligible for a benefit equal to 1x your annual earnings up to a $500,000 maximum rounded to the next higher $1,000

Note: ATD withholds Social Security and Medicare taxes on the taxable value which is based on your insurance amount and age. Additionally, state taxes may be withheld, if required by your state

Supplemental Life Insurance

You may purchase Supplemental Life Insurance coverage in addition to the company-paid benefit. You pay the total cost of this benefit through convenient payroll deductions. Those newly eligible or applying during Open Enrollment are eligible for Guarantee Issue amounts of Supplemental Life coverage as indicated below.

Guarantee Issue refers to the amount of insurance you may buy without the insurance company requiring you to provide Evidence Of Insurability (EOI) or a Statement of Health. Amounts above the Guarantee Issue level will require submission of EOI for review and approval by New York Life.

	ELECTION OPTIONS / MAXIMUMS	GUARANTEED ISSUE (Newly Eligible & Open Enrollment Only)
ASSOCIATE	Units of $10,000 up to the lesser of 7x your annual earnings* or $750,000 when combined with Basic Life amount	Guaranteed Issue lesser of 5x your annual earnings or $200,000
SPOUSE	Units of $10,000 up to $250,000, not to exceed 50% of your Life Insurance benefit	Guaranteed Issue of $50,000
CHILDREN	$3,000 benefit for children under the age of 26	All amounts are Guaranteed Issue

ELECTION OPTIONS / MAXIMUMS

GUARANTEED ISSUE

(Newly Eligible & Open Enrollment Only)

ASSOCIATE

Units of $10,000 up to the lesser of 7x your annual earnings* or $750,000 when combined with Basic Life amount

Guaranteed Issue lesser of 5x your annual earnings or $200,000

SPOUSE

Units of $10,000 up to $250,000, not to exceed 50% of your Life Insurance benefit

Guaranteed Issue of $50,000

CHILDREN

$3,000 benefit for children under the age of 26

All amounts are Guaranteed Issue

*Annual Compensation for Life Insurance: An associate’s annual wage or salary as reported by the Employer for work performed for the Employer as of the date the covered loss occurs. It includes earnings received as commissions, but not bonuses, overtime pay or other extra compensation. Annual Compensation is determined initially on the date an associate applies for coverage. A change in the amount of Annual Compensation is effective on the Policy Anniversary following the change, if the Employer gives the Insurance Company written notice of the change and the required premium is paid. Commissions will be averaged for the 12 months just prior to the date the covered loss occurs, or the months employed, if less than 12 months.