Life and AD&D

Basic Life and AD&D Insurance

Benefits-eligible employees automatically receive Basic Life and AD&D coverage at no cost. You are automatically enrolled and will be prompted to list a beneficiary at enrollment.

• Your Basic Life Insurance benefit amount is equal to 1x your basic annual earnings.^*
• In the event of your accidental death or debilitating injury, your beneficiaries will receive an additional benefit up to 1x your annual earnings under the Company-provided Basic AD&D plan.

Supplemental Life and AD&D Insurance

You may purchase Supplemental Life and AD&D coverage for yourself at your own costs in the amount of 1x – 5x your basic annual earnings* (up to a maximum of $3,500,000).

NOTE: If you don’t enroll in Supplemental Life and/or AD&D coverage when you are initially eligible or if you increase your coverage more than 1x during Open Enrollment, you will be required to submit an Evidence of Insurability (EOI) form to Voya Financial. You must be approved before coverage begins.

Dependent Life and AD&D Insurance

Lennox also gives you the opportunity to purchase Dependent Life and AD&D coverage at your own costs for your eligible spouse and/or dependents. You can select either the High option or the Low option based on your needs.

Accelerated Death Benefits

If you are diagnosed with a terminal illness and have a life expectancy of six months or less, you are eligible to receive an accelerated benefit before you die. This benefit is equal to 75% of your amount of Life Insurance in force, or $500,000, whichever is less. This benefit is available to employees only. Employees must have at least $10,000 in Life insurance coverage in force to qualify for this benefit.