US Life Insurance and Disability

Basic Life Insurance and AD&D

Company paid Life Insurance is provided at 1.5 times your annual salary, up to a maximum of $500k per year. Accidental death and dismemberment coverage is also provided to all full-time employees.

To designate or change your beneficiary, visit Vantage > Benefits > Manage Information > Add New Beneficiary OR Edit to change allocations for a specific dependent. 

Long Term Disability

Company paid Long Term Disability is provided as well to all full-time employees. This policy will pay 60% of your average gross monthly earnings, maximum monthly limit applies (includes commissions, bonus and overtime). Qualifying payments begin after 90 days of disability. Average gross monthly earnings are calculated from the calendar year prior to the disability. To file a claim, please see the How to File Your Disability Claim.

Voluntary Life Insurance

Voluntary Life Insurance is available through New York Life at group rates for additional employee, spouse and child coverage. Elections can be made at anytime throughout the year but may require evidence of insurability if outside of new hire and open enrollment or above guaranteed issue. Costs vary based on age and amounts. These policies are portable and convertible upon leaving the company. Click here to view a short video about Life Insurance. 
 

Guaranteed issue limits include:

Employee: Up to $300,000
Spouse: Up to $50,000
Children: Up to $10,000

Important Note: If you and your spouse both work at WWT, our policy does not allow you to add spousal voluntary life coverage since they can make their own election.

Please see the Basic Life and VTL Summary- Class 1 US document for more information.