Retiree AD&D Insurance
AD&D coverage during retirement.
Contact
- MetLife Conversion Unit
- 877-275-6387 (Whole Life)
- MetLife Portability Unit
- 888-252-3607 (Group Term Life)
Accidental death & dismemberment (AD&D) benefits for retirees
The AD&D plan for retirees is paid entirely by the retiree.
- AD&D plan description for retirees (pdf)
- AD&D insurance premiums for retirees (pdf)
- AD&D insurance highlight sheet (pdf)
Enrollment
Voluntary Retiree AD&D Enrollment through MetLife (Offered under LANL Group Rates):
- You must have been enrolled in the active plan prior to retirement to enroll in this coverage
- The annual premium for retiree AD&D coverage is based on LANL active group rates
- Once MetLife receives notification from LANL that your termination was for retirement, an enrollment form along with premium information will be mailed to you
- Your LANL coverage ends the last day of the pay period of your termination
- You will have 31 days to enroll from the date of your LANL loss of coverage
You can purchase AD&D for you and/or a dependent spouse only
Voluntary Principal Sum Amount Options:
- Option 1: $10,000
- Option 2: $25,000
- Option 3: $50,000
- Option 4: $100,000
- Option 5: Amount previously elected as an active employee not to exceed $250,000
Principal Sum for your Eligible Dependent Spouse upon their passing:
- 60% of the Retiree Principal Sum Amount
- Retiree Only: $0.51
- Retiree & Spouse: $.78
Principal Sum Amount ÷ 1,000 x Annual Rate = Retiree Annual Premium
Principle Sum Amounts | |
---|---|
Option 1 | $10,000 |
Option 2 | $25,000 |
Option 3 | $50,000 |
Option 4 | $100,000 |
Option 5 | Amount previously elected as an Active Employee not to exceed $250,000 |
For Eligible Dependent Spouse |
60% of the Retiree Principal Sum |