Life and AD&D

Iron Mountain automatically provides you with Basic Life and Accidental Death & Dismemberment (AD&D) insurance at no cost to you. You can purchase additional coverage if you want more protection for yourself and your family.

Life and Accidental Death & Dismemberment (AD&D) insurance

Life insurance benefits are paid to your covered beneficiaries in the event of your death, and AD&D pays benefits in the event of your accidental death or dismemberment.

If you’re suffering from a terminal illness, you can request an accelerated death benefit from your Life insurance plan to help with estate planning and funeral expenses.

Eligibility: If you’re regularly scheduled to work 30 or more hours a week, you’re eligible for Basic Life and AD&D insurance, as well as our Supplemental Life and AD&D plans.

• Basic life & AD&D coverage provided by Iron Mountain

  Benefit Amount	Maximum
  1.5 times your annual base pay	$500,000*

  *You can limit your Basic Life coverage to $50,000 for tax purposes. (Basic Life coverage amounts over $50,000 are subject to imputed income calculation.)

• Supplemental life & AD&D

  You can choose to purchase supplemental coverage for you and your family during Open Enrollment. You can only make changes during the year if you experience a qualifying life event.

  Benefit Type	Benefit Amount	Maximum
  Supplemental Life and AD&D	1 to 7 times your annual base pay	$1,200,000 overall plan maximum (Basic and Supplemental coverage combined)
  Spouse or Domestic Partner Life	Choose: $10,000, $50,000, $75,000, or $100,000	$100,000
  Child Life	Choose: $5,000, $10,000, $15,000, $20,000, or $25,000	$25,000

  *The benefit amount you choose can’t exceed your own coverage amount.

• Age reductions

  If you’re age 70 or older, Basic and Supplemental Life insurance benefits will be reduced:

  • If you’re 70 – 74 years old, the Plan will pay 65% of the benefits.

  • If you’re 75 years old or older, the Plan will pay 50% of the benefits.

• Evidence of Insurability (EOI)

  In certain instances, you or your spouse/domestic partner and eligible children may be asked to provide Evidence of Insurability (EOI), which is information on the condition of your health or your dependent’s health to be considered for Supplemental Life insurance coverage.

  EOI is required when:

  • You choose to buy Supplemental Life over five times your base pay salary or $300,000, whichever is lower.

  • You enroll after your new hire or newly eligible period.*

  • You enroll in or increase your Spouse or Domestic Partner Life insurance above $50,000.

  *If you have a qualifying life event, your benefits coverage or the coverage of your dependents might be affected. Examples include marriage, divorce, birth, adoption, or loss of other coverage. If you apply for supplemental insurance within 31 days of the event, EOI may be waived for certain amounts.

• Designating a beneficiary

  It’s important to designate one or more beneficiaries for your Life and AD&D benefits.

  To designate or update your beneficiaries, go to IRMbenefits.bswift.com or contact the Iron Mountain Benefits Center at 877-907-4828 Monday - Friday from 8 am - 9 pm ET.

Questions About Your Life and AD&D Benefits? Call Aetna One Advocate (A1A) at 888-216-8573.