2020 Ensign Benefits Guide

Transportation/Commuter Benefit Program Set aside pre-tax dollars for transportation and parking. Use our Transportation/Commuter Benefit Program administered by TRI-AD to save money instantly on your commuting expenses. Eligible expenses include fares for bus, vanpool, subway, ferry, train and parking at or near work. This benefit can be enrolled through the Workday Benefits worklet, the normal enrollment task in your inbox, or by calling Benefits Suppport. For questions, contact TRI-AD at 888-844-1372 or visit www.TRI-AD.com . Life and AD&D Insurance Basic Life and AD&D Insurance To protect those who rely on your income for their support, your employer pays the full cost of basic life and accidental death & dismemberment (AD&D) insurance. This coverage is available to all full-time benefit eligible employees of an Ensign Services-affiliated company. The plan is administered by Unum and pays benefits upon your death. AD&D benefits are paid if your death is the result of a covered accident. If you die from an accidental injury, your beneficiary will receive both the basic life and AD&D benefit. AD&D also pays benefits if you are severely injured and suffer a loss such as the loss of a limb or eyesight. Coverage When Payment Is Made Benefit Amount 1,2 Basic Life Insurance If you die from any cause 1X salary - Service Center/Cornet employees $12,000 all other eligible employees AD&D Insurance If you die from an accident the benefit amount is paid in addition to basic life insurance 1X salary - Service Center/Cornet employees $12,000 all other eligible employees If you are severely injured due to an accident and suffer a loss specified in the policy such as the loss of a limb or eyesight A portion of the benefit, as specified in the policy 1 The benefit amount is reduced after age 65. 2 If Basic Life is greater than $50,000, you can cap your coverage at $50,000 to avoid imputed income tax. 20 2020 Transit Maximum: $270 per month | 2020 Parking Maximum: $270 per month How much life insurance do I need? In deciding how much life insurance you need, consider your personal situation, age and whether or not you support a family. If you have limited financial obligations, you may need less life insurance compared to someone who has a mortgage to pay or children to put through college. Let Alex help you decide how much life insurance you need. Go to http://www.myalex.com/ensign/2020