Danoners automatically receive income protection benefits, such as Basic Life Insurance, Accidental Death and Dismemberment (AD&D) Insurance, and Disability coverage through Reliance Standard/Reliance Matrix. You also have the opportunity to purchase additional coverage for extra protection. Review the benefits you receive automatically at no cost and think about whether you’d like to add coverage.

Benefit eligibility and plans may differ for those governed by a collective bargaining agreement (CBA). See your CBA for details.

Understanding Your Company-Provided Benefits

Danone automatically provides the following income protection benefits at no cost. 

• Employee Basic Life and Accidental Death and Dismemberment (AD&D) Insurance: 1.5x your eligible earnings for each (rounded up to the next higher $1,000), up to $1 million. 
• Short-Term Disability (STD): 100% of your eligible earnings for weeks two through six, and 80% of your eligible earnings for a duration of up to 26 weeks. 
• Long-Term Disability (LTD): 60% of your eligible earnings up to a maximum of $15,000 a month. 

Deciding Whether to Add Coverage

You have the opportunity to add the following coverages. Note: You cannot elect Supplemental AD&D insurance unless you elect Supplemental Life insurance. 

• Supplemental Life and AD&D Insurance for yourself: Increments of $25,000 up to a maximum of $1 million for each. 
• Supplemental Life and AD&D Insurance for your spouse/domestic partner: Increments of $25,000 up to a maximum of $250,000 and cannot exceed 100% of your combined employee basic and supplemental life insurance amount. 
• Supplemental Life and AD&D Insurance for your child(ren): Increments of $5,000 up to $20,000. If you have more than one child, the coverage amount applies to each child in your family.

When Proof of Good Health is Required to Enroll in Supplemental Life Insurance

For New Hires/Newly Eligible Employees: If you are a new hire or newly eligible to elect benefits, you have 30 days from your date of hire or newly eligible date to enroll in benefits for you and your family at the Guaranteed Issue amounts. 

For Yourself: During Annual Enrollment or during your new hire or newly eligible event, you can purchase up to $400,000 in coverage without proof of good health/Evidence of Insurability (EOI), as long as you have not been denied coverage in the past. If you want to purchase more than $400,000 in coverage or purchase coverage after Annual Enrollment, you will be required to provide proof of good health/EOI. 

For Your Spouse/Domestic Partner: During Annual Enrollment or during your new hire or newly eligible event, you can purchase up to $50,000 in coverage for your spouse/domestic partner without proof of good health/Evidence of Insurability (EOI), as long as they have not been denied coverage in the past. If you want to buy more than $50,000 in coverage or purchase coverage after Annual Enrollment, you will be subject to proof of good health/EOI. 

For Your Children: Proof of good health/Evidence of Insurability is not required for child coverage.

Naming Beneficiaries

A beneficiary is the person that you designate to receive your Life Insurance and AD&D benefits in the event of your death. You must designate at least one beneficiary to receive these benefits. You will be able to review and update your beneficiary designation(s) during enrollment to ensure this information is up to date.

Additional Benefits Through Reliance Matrix 

If you are enrolled in any of Reliance Matrix’s programs, you also have access to: 
Bereavement Support Services: Obtain confidential and professional grief counseling and legal and financial consultation to cope with the loss of a loved one. 
24-hour Travel Assistance: Through OnCall International, get 24-hour, toll-free travel assistance, including but not limited to pre-trip support, emergency medical transportation, emergency personal assistance, and medical assistance.

Guiding Your Decision

Consider the following as you’re deciding whether to enroll in Supplemental Life and AD&D insurance. 

Enhanced Safety Net: Both Supplemental Life and AD&D insurance benefits provide added financial protection for your family in the event of a death or disability. 

Spouse/Domestic Partner’s Access to Life Insurance: If your spouse/domestic partner doesn’t have access to their own life insurance policy, it may be beneficial to consider whether you would like to purchase Supplemental Life insurance for them. 

Cost: Danone receives group rates for Supplemental Life Insurance so purchasing through Danone may cost less than obtaining it on your own as an individual. 

Ease of Enrollment: Enrolling in Supplemental Life insurance takes just a few clicks during the enrollment event.