Life Insurance

---

Life insurance is a cost-effective way to protect your family and your finances. It helps ensure your short- and long-term financial obligations could be met if something unforeseen happens to you. What’s more important than knowing your loved ones are protected?

What’s New for 2026?

All salaried monthly and non-exempt weekly employees hired on or after 4/1/2012 and employees hired prior to 4/1/2012 that previously waived life insurance will be enrolled in 1x base annual salary at no cost!

Salaried monthly and non-exempt employees can increase their supplemental life insurance by one level without having to complete evidence of insurability.  If you increase your life insurance coverage for more than one level or add or increase spouse life insurance during annual enrollment, the election will be subject to Evidence of Insurability. MetLife will send you an email requesting additional information approximately 2 weeks after open enrollment.

ATLC and IGUA employees

Bargaining Unit employees will remain in 2x base annual salary. If you elect or increase your life insurance coverage for you or your spouse during annual enrollment, the election will be subject to Evidence of Insurability. MetLife will send you an email requesting additional information approximately 2 weeks after Open Enrollment ends.

Use the MetLife calculator to get an idea of the life insurance coverage level that’s right for you and your family.

Salaried monthly and monthly and non-exempt weekly employees hired prior to 4/1/2012 and ATLC and IGUA employees, Basic Life Insurance is equal to 2x your annual salary rounded up to the nearest $1,000. The cost is shared equally by you and the Company. The premium is $0.195 per $1,000 of coverage ($100,000 in coverage would be $19.50 per month). All Employees can take advantage of the increase in Supplemental Life Insurance and the decrease in the rates.

Supplemental Life Insurance can be elected from 1x to 9x your salary, up to a maximum benefit of $1,500,000. Rates are determined by your age and will increase as you move to the next age band.

Spouse Life coverage can be elected from $10,000 to $50,000 in increments of $10,000. Spouse Life rates are based on age and will increase as your spouse moves to the next age band. Evidence of insurability will be required if you elect or increase your spouse’s life insurance.

Child Life Insurance coverage is $10,000 per child. Coverage is for unmarried children under the age of 26. Cost is $0.65 per month. If you no longer have eligible children, it is your responsibility to cancel this coverage. No evidence of insurability is required.