2026-2027 Benefits Guide

GROUP TERM LIFE INSURANCE Basic Life Insurance

One of the most important things about life insurance is the financial peace of mind it gives your loved ones. This benefit is provided at no cost for all full-time employees and employees are automatically enrolled. This benefit is offered through Securian Financial. Your beneficiaries will receive two times your annual salary rounded to next $1,000.00, to a maximum of $750,000.00. There is an age reduction schedule. At age 70, there is a 65% reduction. At age 75, there is a 50% reduction. ACCIDENTAL DEATH AND DISMEMBERMENT (AD&D) COVERAGE AD&D coverage for full-time employees is provided through Securian Financial. This benefit is provided at no cost for all full-time employees and employees are automatically enrolled. The AD&D plan provides additional protection for insured employees in the event of an accidental bodily injury resulting in death or dismemberment. In the event of an employee’s accidental death or dismemberment, the AD&D plan coverage is equal to the basic life insurance coverage. AD&D Dismemberment Schedule of Benefits Benefits resulting from the accidental death are paid to the named beneficiary. Benefits resulting from a dismembering injury are paid to the insured. No more than the full amount will be paid for all losses resulting from the same accident. 100% Benefit 75% Benefit 50% Benefit 25% Benefit Life • Paraplegia • Loss of one member* •

Loss of thumb and index finger on the same hand

Loss of two or more members*

Loss of speech

•

Quadriplegia

Loss of hearing

• •

Loss of speech and hearing

Hemiplegia

* Member is defined as a hand, foot, or eye.

LIFE INSURANCE FEATURES Accelerated Benefit

The Accelerated Benefit helps offset the high cost of medical care for a terminally ill employee by allowing eligible insured employees with a life expectancy of 24 months or less to receive an advance payment of up to 100% of their life insurance benefit, to a maximum of $1,000,000 (combined Basic and Supplemental Life coverage). "Terminal Illness" means an illness or physical condition that is certified by a physician to reasonably be expected to result in death within 24 months. Please refer to the plan summary for complete details. Portability and Conversion Privilege This portability privilege allows insured to continue coverage if they terminate employment or retire. The conversion privilege allows insured to convert terminated coverage to an individual life insurance policy. Seat Belt Benefit The Seat Belt Benefit provides an additional Accidental Death & Dismemberment (AD&D) benefit if an insured dies as the result of a covered automobile accident while properly wearing a seat belt in a private passenger four-wheel

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