Protect you and your family

Though it’s not easy thinking about death and accidents, Relias provides benefits to protect your financial resources.

Basic Life Insurance: Relias offers 3 basic life insurance options that are covered 100% by the employer. You have the option to choose from the $50,000 Option, 1x your annual insured earnings*, or 2x times your annual insured earnings. If you elect the $50,000 Option, you avoid having to pay income tax on the imputed value (premium). Per IRS regulations, insurance coverage more than $50,000 will be treated as taxable income and will be indicated on your pay stubs and W-2.

If you are a new hire and do not elect an Employee Life Insurance option, you will be automatically enrolled for 2x your annual insured earnings.

*Your annual insured earnings include your base salary and exclude overtime, commission, bonus, etc.

Supplemental Life Insurance: Relias offers 6 supplemental options that are voluntary and employee paid. You may buy up to 8x your annual insured earnings up to a maximum of $2,500,000. If you increase your coverage by more than one level during Open Enrollment, you will need to provide an Evidence of Insurability (EOI) Form. This form is provided to NY Life to ensure you are in good health. You may increase or decrease your Employee Life Insurance amount during Open Enrollment or if you experience a qualifying life event.

Dependent Life Insurance: We also offer additional life insurance coverage, employee paid, for your spouse and/or dependents.

Child Life Insurance: You may choose from 3 coverage levels, high, medium, or low. All children must be in the same coverage level.

Spouse or Domestic Partner Life Insurance: For Spouse or Domestic Partner insurance you can elect to enroll in increments of $10,000, up to a $150,000 maximum benefit.

Note: Evidence of Insurability (EOI) will be required if you:

• Increase coverage for your spouse/domestic partner to any amount over $50,000
• Increase coverage for your spouse/domestic partner by more than $10,000, up to $50,000

Accidental Death & Dismemberment: We provide accidental death and dismemberment coverage equal to your elected basic and supplemental life insurance coverage (up to $2.5 million).

Check your beneficiaries! Your life and AD&D insurance benefits are paid to your beneficiary(ies). It’s important that you review your beneficiaries annually and make any necessary updates.

Business Travel Accident Insurance: Relias automatically provides you with Business Travel Accident Insurance. This coverage is equal to three times your annual base salary. This benefit would be paid out in the event of your death as a result of an accident while traveling on Company business. The maximum Business Travel Accident Insurance coverage amount is $2,000,000. Your Business Travel Accident Insurance beneficiary(ies) are the same as your Life and AD&D beneficiary(ies).

Special Note: Relias provides you the ability to purchase additional insurance for yourself, your spouse, and/or your children. If your family is dependent on your income, it’s important to have this coverage to pay off debt or to cover future expenses, such as a child’s education.