Available to Robert Half and Protiviti employees and Full-Time Engagement Professionals — refer to your benefits guide for the plans available to you.
When the unexpected happens, you and your family are protected with life and accident insurance provided through Lincoln Financial.
Robert Half provides company-paid basic life and basic accidental death and dismemberment (AD&D) insurance if you’re a regular, full-time employee.*
* Does not apply to Protiviti Variable employees.
Plan | Coverage |
---|---|
Basic Life Insurance | Two times your base pay plus bonus and commissions, to a maximum of $1 million |
Basic AD&D Insurance | Two times your base pay plus bonus and commissions, to a maximum of $1 million |
The IRS requires that the cost for your basic life insurance coverage in excess of $50,000 be considered taxable income to you. The value of this coverage, called “imputed income,” is reported on your federal W-2 form each year.
If you want additional coverage, you can purchase supplemental life insurance for yourself and your eligible dependents.*
You pay the full cost of supplemental insurance on an after-tax basis. If you want to purchase coverage for your dependents, you must also purchase coverage for yourself.
* Does not apply to Protiviti Variable employees.
Guarantee Issue Amounts
If you elect supplemental life insurance when you’re first eligible, you’ll need to complete a Statement of Health, also known as Evidence of Insurability (EOI), only for amounts above the guarantee issue amounts. Any future increases in coverage will require EOI.
If you (and/or your dependents) do not elect coverage when first eligible but elect at a later date, you’ll be required to provide EOI for any amount.
Coverage won’t be effective until the insurance company approves it in writing.
Supplemental Employee Life | Supplemental Spouse Life | Supplemental Child Life | |
---|---|---|---|
Coverage amounts available | $25,000 increments, up to $2 million | $5,000 increments, up to $250,000 or 100% of your own supplemental employee life insurance (whichever is less) |
|
Guarantee issue amounts | $1 million | $50,000 | Not required |
Age reductions | For supplemental life insurance, benefit amounts reduce to:
|
If you want additional coverage, you can purchase supplemental AD&D insurance for yourself or you and your family.*
You pay the full cost of supplemental insurance on an after-tax basis.
* Does not apply to Protiviti Variable employees.
Supplemental Employee AD&D | Supplemental Family AD&D | |
---|---|---|
Coverage amounts available | $25,000 increments, up to $2 million |
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Other | If you elect supplemental AD&D insurance, you won’t be required to complete a Statement of Health, also known as Evidence of Insurability (EOI). Exclusions apply, and additional benefits are available under this plan. Please review the Summary of Benefits Coverage for more details. | |
Age reduction | For supplemental AD&D insurance, benefit amounts reduce to:
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* Coverage is available for eligible children ages 14 days to 26 years.