EAP, Life & Disability Insurance
To help you protect those you love from the unexpected, Dexter provides all full-time, active employees with Basic Life Insurance and Accidental Death and Dismemberment (AD&D) Insurance - at no cost to you. These coverages are provided through Unum. AD&D benefits are paid in addition to any life insurance if you pass away in an accident or become seriously disabled.
Disability insurance provided by Dexter works together to help you pay your household expenses if you become disabled and cannot work. These disability benefits also work with other sources of coverage to replace a certain percentage of your earnings.
Employee Assistance Program (EAP)
Employee Assistance Program
Dexter's Employee Assistance Program (EAP) is available year-round to assist with every day needs, at no cost to you. Get help with work-life issues; referrals for clinical, legal and financial services and more. To begin taking advantage of this valuable benefit, click here.
Life and AD&D
Basic Life and AD&D
Basic Life Insurance pays your beneficiary a lump sum if you die. AD&D (Accidental Death & Dismemberment) coverage provides a benefit to you if you suffer from loss of a limb, speech, sight, or hearing, or to your beneficiary if you have a fatal accident. The cost of coverage is paid in full by the company. You are automatically enrolled in these coverages administered by Unum.
Beneficiaries
Life insurance provides a valuable financial safety net for your loved ones in the event of your death. By naming a beneficiary, you select the person who will receive your life insurance policy benefits when you pass away. Group life benefits are generally not taxable to your beneficiary, regardless of the amount. The interest on the amount payable to your beneficiary is the only taxable portion.
Primary Beneficiary: The person(s) you name to receive life insurance benefits (proceeds) upon your death.
Secondary Beneficiary: The person(s) you name to receive life insurance proceeds in the event that the primary beneficiary passes away before or at the same time as you, the insured.
Disability Benefits
Expect the unexpected
The loss of income due to illness or disability can cause serious financial hardship for your family. That's why Dexter provides Short-Term Disability (STD) and Long-Term Disability (LTD) insurance - at no cost - to all full-time, active employees. Both coverages are provided through Unum.
Short-Term Disability (STD) Insurance
Dexter provides Short-Term Disability insurance which replaces part of your income for limited duration issues such as:
- Pregnancy issues and childbirth recovery
- Prolonged illness or injury
- Surgery and recovery time
STD PLAN DOCUMENTS
For more information on the Short-Term Disability (STD) plan, click on the document below that fits your job classification:
Fremont Union Hourly Plan Document
Parental Leave: Dexter offers 2 weeks of parental leave paid at 100%, because we want you to bond with your new baby. The benefits begin on day one of your approved leave, and are paid concurrently with the applicable short-term disability benefits. Contact your local Dexter HR Representative for more details.
Long Term Disability (LTD) Insurance
Dexter provides employees with Long-Term Disability (LTD) insurance which pays a monthly benefit in the event you cannot work because of a long-term illness or injury.
Long-Term Disability (LTD) insurance replaces part of your income for longer term issues such as:
- Debilitating illness (cancer, heart disease, etc.)
- Serious injuries (accident, etc.)
- Heart attack, stroke
Supplemental Life
Protecting those you leave behind
Supplemental Life Insurance allows you to purchase additional life insurance to protect your family's financial security. Coverage is available for your spouse and/or child(ren) if you purchase coverage for yourself, on a post-tax basis.
Evidence of Insurability
Evidence of Insurability (EOI) is required if you purchase new Supplemental Life Insurance or increase your coverage amount above the guaranteed issue amount. EOI certifies that you're generally healthy at the time of purchase, and a determination may take several weeks or months. Your new coverage amount won't begin until it is approved.
You can purchase:
FOR YOURSELF (EMPLOYEE):
Increments of $10,000, up to the lesser of $1.25M or 5x your base annual earnings Guaranteed Issue: $200,000
FOR SPOUSE:
Increments of $5,000, up to the lesser of $250,000 or 50% of your personal coverage amount
Guaranteed Issue: $50,000
FOR CHILDREN:
Birth - 14 days = $1,000 Increments of $2,000, up to a maximum of $10,000 Guaranteed Issue: $10,000
