2026-2027 Benefits Guide

vehicle. Eligibility must be confirmed by the official police accident report. When payable, the benefit is equal to the lesser of 20% of the insured's AD&D benefit or $20,000. Air Bag Benefit The Air Bag Benefit provides an additional AD&D benefit if an insured dies as the result of a covered automobile accident while occupying a seat equipped with a factory-installed air bag that deploys during the accident. The insured must have been properly restrained by a seat belt, and eligibility must be confirmed by the official police accident report. When payable, the benefit is equal to the lesser of 10 % of the insured's AD&D benefit or $10,000. Child Education Benefit If an insured dies as the result of a covered accident, eligible dependent children may receive an education benefit to help pay for tuition and other educational expenses. The benefit is limited to the lesser of the actual educational expenses, 5% of the AD&D benefit, or $5,000 per year, for up to four years. Spouse Education Benefit If an insured dies as the result of a covered accident, the surviving spouse may receive an education benefit to help pay for approved educational or job-training expenses. The benefit is limited to the lesser of the actual educational expenses, 5% of the AD&D benefit, or $5,000 per year, for up to four years. LONG-TERM DISABILITY (LTD) LTD is an employer-paid benefit offered to full time employees of the EAA and has been designed to offer family- focused benefits and support services. LTD pays a monthly benefit if you have a covered illness or injury and you cannot work for a few months or even longer. You are generally considered disabled if you are unable to do important parts of your job and your income suffers as a result. This premium is paid for by the EAA and employees are automatically enrolled. The amount you receive from LTD will be reduced by deductible income you receive from other sources. These sources may include, but are not limited to, income from Worker’s Compensation, Social Security, or other group disability benefits. The amount paid benefit is 60% of your monthly earnings up to a maximum of $15,000 per month. Elimination Period The elimination period is the period of consecutive days of total disability for which no benefit is payable. It begins on the first day of total disability and extends for the number of days specified in the plan summary. For LTD, the elimination period is 90 consecutive calendar days. Maximum Benefit Period Long-Term Disability (LTD) benefits are payable until your Social Security Normal Retirement Age (SSNRA), provided you continue to meet the policy's definition of disability. If you become disabled shortly before reaching your SSNRA, benefits will be payable for a minimum of 12 months, if otherwise eligible.

27