Life and AD&D

Basic Life and AD&D

Jackson Family Wines provides all benefit-eligible employees with company-paid life and AD&D insurance through New York Life (formerly Cigna). Life insurance pays funds to your designated beneficiaries after your death, while AD&D pays an amount equal to your life insurance in the event of an accidental death or for certain accidental injuries. It’s very important that you have a current beneficiary on file with Human Resources, especially after experiencing a life event such as marriage or divorce.

BenefitsCoverageMaximum benefitBenefits reduction schedule
Salary less than $175,000Flat amount of $50,000 $50,000 Age 70: 65%
Age 75: 50%
Salary $175,000 or more 1x annual compensation $600,000 Age 70: 65%
Age 75: 50%

Voluntary Life Insurance

As an employee of Jackson Family Wines, you are eligible to purchase additional life and AD&D insurance through New York Life (formerly Cigna) for yourself, your spouse or domestic partner and your children. In order to purchase supplemental life insurance for your spouse, domestic partner, or children, you must purchase supplemental insurance for yourself. If you wish to purchase coverage above the Guaranteed Issue amount, proof of good health, also known as Evidence of Insurability (EOI), will be required.

Benefits CoverageMaximum Benefit Guaranteed Issue***Benefits reduction schedule
Voluntary EmployeeUnits of $25,000 $1,050,000* $750,000 Age 70: 65%
Age 75: 50%
Voluntary Spouse**Option 1 – Flat amount of $13,000
Option 2 – Units of $25,000
Maximum of $525,000 (not to exceed 50% of employee coverage)
$25,000 Age 70: 65%
Age 75: 50%
Child(ren)Flat amount of $5,000 $5,000 $5,000 N/A

Related Support

New York Life (formerly Cigna) – Life & Disability Plans

Life: FLX 964763
AD&D: OK 966373
LTD: LK 96333
Phone: (800) 362-4462


Jackson Family Wines Benefits Center