Life & Accidental Death & Disability (AD&D)

Memorial Hermann is committed to helping you protect the things you work so hard for. That includes some protections at no cost to you and options for eligible employees to increase coverage based on their family’s needs.

Life and AD&D Insurance offers full-time employees and their families financial protection if the unthinkable happens, and you or a covered family member is injured or dies. The following programs are offered through Securian Financial.

You Can Update Your Beneficiary Information Any Time

Visit Workday to review and update your beneficiary information to make sure your accounts are distributed according to your wishes. You can designate both a primary and a contingent beneficiary.

Dependent life benefits will be paid to you.

Securian Financial Contact Information

Visit Lifebenefits.com or call 877.491.5265 with questions about your benefits and to file a claim.

Basic life insurance provides your beneficiaries with one times your annual base salary rounded up to the nearest $1,000 (maximum coverage limitations apply) in the event of your death. For example, if your annual base salary is $50,800, your basic life insurance coverage is $51,000. 

Memorial Hermann pays 100% of the premiums for basic life insurance. Full-time employees are enrolled automatically. If you are still working for Memorial Hermann when you reach age 70, your basic life insurance amount will be reduced by 50%.

Tax Implications

The federal government puts limits on the amount of life insurance that is considered a tax-free benefit. You must pay federal income and Social Security taxes on the premiums for coverage over $50,000. This is called “imputed income” and is reflected on your paycheck on a per-pay-period basis.

Your Basic Life Insurance Includes Travel Assistance

With your basic life insurance coverage, provided by Memorial Hermann at no cost to you, you also have access to Travel Assistance, which covers:

  • Pre-trip planning and emergency services 100+ miles from home (domestic or foreign)
  • Identity theft support
  • Medical/security evacuation and repatriation

Learn more about the Travel Assistance benefits.

When you’re eligible to enroll, you can buy additional life insurance up to eight times your annual base salary (maximum coverage limitations apply). The annual cost for supplemental life insurance is your annual base salary rounded up to the next $1,000, multiplied by your chosen coverage level (up to eight times) and divided by 1,000.* 

You can also purchase dependent life insurance for your spouse* and/or your child(ren).

Supplemental life insurance options

Options

Annual Cost (See Below for Rates)

1x your annual base salary

Annual base salary (rounded up to next $1,000) x rate divided by 1,000

2x your annual base salary

Annual base salary x 2 (rounded up to next $1,000) x rate divided by 1,000

3x your annual base salary

Annual base salary x 3 (rounded up to next $1,000) x rate divided by 1,000

4x your annual base salary

Annual base salary x 4 (rounded up to next $1,000) x rate divided by 1,000

5x your annual base salary

Annual base salary x 5 (rounded up to next $1,000) x rate divided by 1,000

6x your annual base salary

Annual base salary x 6 (rounded up to next $1,000) x rate divided by 1,000

7x your annual base salary

Annual base salary x 7 (rounded up to next $1,000) x rate divided by 1,000

8x your annual base salary

Annual base salary x 8 (rounded up to next $1,000) x rate divided by 1,000
* Evidence of insurability or proof of good health may be required

Supplemental life insurance rates

Non-Smoker

Smoker

For Every $1,000 Age Band  (Age as of 7/1/2024)

FY25 Annual

FY25 Annual

<25

$0.336

$0.660

25-29

$0.444

$0.828

30-34

$0.660

$1.104

35-39

$0.708

$1.248

40-44

$0.792

$1.380

45-49

$1.188

$2.076

50-54

$1.812

$3.180

55-59

$3.384

$5.940

60-64

$5.184

$9.108

65-69

$9.996

$17.532

70+**

$16.200

$28.428
* Evidence of insurability or proof of good health may be required.
** If you are still working for Memorial Hermann when you reach age 70, your supplemental life will be reduced by 50%.

Choose What’s Right for You!

To choose how much life insurance makes sense for your family, consider: 

  • Your financial obligations, including your outstanding debt, ongoing living expenses and future goals. 
  • Your existing resources, including savings, investments, retirement accounts, etc. 

Calculate your income replacement needs: 

Multiply how much annual income your family would need to maintain their current standard of living by the numbers of years you anticipate they’d need it.

Subtract your existing resources from your financial obligations and the difference between that amount of your income replacement needs is what you should consider, adjusting for inflation.

Dependent life insurance options and rates

Spouse Dependent Life

Child Dependent Life

Options

FY25 Annual

FY25 Biweekly

FY25 Annual

FY25 Biweekly

$5,000

N/A

N/A

$4.80

$0.19

$10,000

$41.52

$1.60

$9.60

$0.37

$20,000

$83.04

$3.19

N/A

N/A

$30,000

$124.56

$4.79

N/A

N/A

$40,000

$166.08

$6.39

N/A

N/A

$50,000

$207.60

$7.98

N/A

N/A
* Evidence of insurability or proof of good health may be required.

If you are diagnosed with a terminal illness, you may request a portion of your life insurance benefit paid while you are still alive. Terminal illness means you have a life expectancy of 24 months from the date of application for the accelerated benefit.

  • The benefit received is paid in a lump sum to the covered participant.
  • Any benefit received under this option will reduce the standard benefit available at the time a normal life insurance benefit would have paid.
  • The minimum benefit is $10,000 of your life insurance amount with a maximum of $1,000,000 or 100% of the basic and supplemental insurance amount, whichever is less.
  • You may choose to accelerate a portion of your life insurance, providing that the remaining amount of your policy is at least $25,000. You may reapply for payment at any time; however the total amount of accelerated death benefits cannot exceed $1,000,000.
  • If you choose to accelerate the full amount of your death benefit, all other life policies will terminate. If a partial accelerated benefit is chosen, coverage will remain in force.

Keep in mind that an accelerated death benefit that is paid may be subject to taxes. Receiving an accelerated death benefit may also affect your eligibility for Medicaid, Supplemental Security Income and other government benefits.

This benefit does apply to dependent life coverage and allows terminally ill dependents with 24 months or less of life expectancy to elect up to 100% face value of the insurance amount.

The life insurance plan offers funeral assignments. In the event the covered member dies, the policyholder or beneficiary may assign the life coverage to a funeral home for payment of burial expenses. After payment is made to the assigned funeral home for the burial expenses, any remaining death benefit will be paid out to either the policyholder or the beneficiary.

When you’re eligible to enroll, you can elect this optional insurance, which pays a benefit to you or your loved ones in the event you or a covered dependent suffers accidental injuries that result in death or dismemberment.

Coverage Basics

  • You may choose coverage in $50,000 increments subject to a maximum of $500,000, not to exceed 10 times your annual base salary.
  • You may choose to cover eligible family members. An eligible family member’s coverage amount is as follows:
    • Spouse — 60% of your elected coverage.
    • Spouse (with covered child(ren)) — 50% of your elected coverage.
    • Dependent child(ren) — 20% of your elected coverage, subject to a $50,000 maximum.
  • If you are absent from work due to an injury or illness on the day your coverage will start, your coverage will start the next day you are actively at work.

Plan Coverage

If you or your covered dependents sustain an accidental bodily injury while insured and the injury directly causes one of the following losses within 365 days after the incident, the plan will pay as follows:

LossBenefit
Loss of Life100% of elected coverage
Loss of One Member (Hand, Foot, or Eye) 50% of elected coverage
Loss of Two or More Members (Hand, Foot, or Eye)100% of elected coverage
Loss of Thumb and Index Finger 25% of elected coverage
Loss of Both Speech and Hearing in Both Ears100% of elected coverage
Loss of Either Speech or Hearing in Both Ears50% of elected coverage
Loss of Hearing in One Ear25% of elected coverage
Quadriplegia (Paralysis of Both Arms and Both Legs)100% of elected coverage
Paraplegia (Paralysis of Both Legs)75% of elected coverage
Hemiplegia (Paralysis of Arm and Leg of Same Side)50% of elected coverage 

If you or your covered dependent sustains more than one loss resulting from the same accident, the benefit will be the largest single amount listed, and it will not exceed the elected coverage amount. 

Coverage Limitations

If you are still working when you reach age 70, your AD&D coverage will be automatically reduced to 50% of the original coverage amount. 

Special Benefits

See below for a partial list of other benefits. (A complete listing of other included benefits is available in the Summary Plan Description posted on allHR.):

  • Child Education Benefit — If you or your covered spouse dies, your covered dependent child may receive reimbursement for tuition if the child is enrolled as a full-time student in any institution of higher learning beyond the 12th grade; or a 12th grade student who enrolls in an institution of higher learning within 365 days of the accident; or the dependent child is enrolled in the Plan. The annual benefit is payable for a maximum of four consecutive years, as long as the dependent remains in school in full-time attendance. The benefit per school year will be the lesser of $6,000 or 6% of your coverage amount. 
  • Spouse Education Benefit — Your spouse may receive reimbursement for tuition for any professional or trade program for the purpose of obtaining an independent source of income. He or she must enroll in the program within 365 days of the date of your death to be eligible for this benefit. The benefit will be the lesser of $6,000 or 6% of your coverage amount.
  • Surviving Spouse Benefit — If you die and have enrolled in dependent coverage, a monthly benefit equal to one percent of your coverage amount is payable to your surviving spouse for up to twelve months.
  • Occupational Benefit (applicable to employee only) — If while insured under this Plan, you suffer a covered loss while you are performing your customary duties at your normal place of business or other places Memorial Hermann requires you to travel, we will pay an additional benefit equal to the lesser of 25% of your AD&D coverage or $25,000.
  • Felonious Assault Benefit (applicable to employee only) — If while insured under this Plan, you suffer a covered loss as a direct result of a Felonious Assault, which occurs while at a Memorial Hermann facility and or as a result of your employment, Securian will pay an additional benefit equal to the lesser of $50,000 or 25% of your AD&D insurance amount. Felonious Assault means robbery, theft, burglary, kidnapping, battery, rape or murder committed by a person unknown to you.

Payment of Benefit

Payment will be made to you for your dismemberment, your children’s dismemberment, and your spouse’s or children’s loss of life. Payment for your spouse’s dismemberment will be made to your spouse. Payment for your loss of life will be made to your beneficiary. Upon enrollment, you will be asked to designate a beneficiary to receive the death benefit. You may designate both a primary and contingent beneficiary(ies). Dependent AD&D benefits will be paid to you. 

The insurance company will not pay AD&D insurance benefits directly to children under age 18. If you want your benefit to go to a child under 18, you should name a legal guardian for the child. If you have any questions about how to name a beneficiary, contact your attorney.

You are automatically the beneficiary for any family AD&D benefits, other than your spouse’s dismemberment as noted previously.

If you need assistance, please contact HR Shared Services at 713-456-MHHR (6447), Monday through Friday, 7:00 a.m. to 5:00 p.m.

AD&D insurance options and rates

Employee Only

Employee + Family

Options

FY25 Annual

FY25 Biweekly

FY25 Annual

FY25 Biweekly

$50,000

$7.20

$0.28

$12.60

$0.48

$100,000

$14.40

$0.55

$25.20

$0.97

$200,000

$28.80

$1.11

$50.40

$1.94

$300,000

$43.20

$1.66

$75.60

$2.91

$400,000

$57.60

$2.22

$100.80

$3.88

$500,000

$72.00

$2.77

$126.00

$4.85
* Evidence of insurability or proof of good health may be required.

The following timeframes apply to basic, supplemental and dependent life and AD&D coverage.

  • New hires and newly eligible for benefits: Coverage begins on the date of employment or eligibility.
  • If you change your coverage during Annual Enrollment: Coverage begins on the following July 1 or the first day you are actively at work.
  • If you change your coverage due to a qualified event: Coverage begins on the date of the event.
  • If you are required to submit Evidence of Insurability (EOI): Coverage begins on the day the EOI is approved.

Events