Insurance Protection
When the unexpected happens, it pays to be prepared.
When the unexpected happens, it pays to be prepared.
Life insurance helps provide financial protection for your family and loved ones. If something were to ever happen to you, life insurance would pay a death benefit to your beneficiaries to help them pay expenses if you were no longer around. You can also opt for additional voluntary life insurance.
OneMain automatically enrolls eligible team members in basic Group Term Life insurance equal to one time your base salary and Business Travel Accident (BTA) insurance for up to five times your base salary at no cost to you. Your initial beneficiary designation must be made during enrollment. Please have your dependent’s information (i.e., Social Security number, date of birth and home address) available at that time.
Supplemental Life and Accidental Death & Dismemberment (AD&D) insurance coverage for yourself and your family is available at additional cost. Team members may select supplemental spouse life or dependent life without selecting supplemental team member life coverage.
If you are selecting supplemental coverage, you may be required to complete Evidence of Insurability (EOI) online during enrollment. Once completed and submitted to Lincoln Financial Group, a medical exam may be required. The Lincoln Financial Group’s decision is mailed to your home address on file. If approved, your selections and premium will be updated for the next applicable pay period. At annual enrollment, you may opt in or increase one level without evidence of insurability, up to the guaranteed issue (applies to team member and spouse coverage). New hires may opt up to the guaranteed issue without EOI.
Policy/Group: 09-LF1173
Call: 888-481-2430
Website: mylincolnportal.com (Company Code: LF1173ONE)
Group Term Life
Business Travel Accident
Plan Funding
100% OneMain-funded
100% OneMain-funded
Benefit Amount
1x base salary
5x base salary
Benefit Minimum / Maximum
$50,000 / $250,000
Up to $3,000,000
Group Term Life
Business Travel Accident
Plan Funding
100% OneMain-funded
100% OneMain-funded
Benefit Amount
1x base salary
5x base salary
Benefit Minimum / Maximum
$50,000 / $250,000
Up to $3,000,000
Team Member Life1
AD&D
Plan Funding
100% team member-funded
100% team member-funded
Benefit Amount
Up to 10x base salary
Increments of $10,000
Benefit Minimum / Maximum
Up to $3,000,000
$20,000 / $3,000,000
Guaranteed Issue
Lesser of 5x eligible earnings or up to $1,500,000
Age Reduction
50% at age 70
Team Member Life1
AD&D
Plan Funding
100% team member-funded
100% team member-funded
Benefit Amount
Up to 10x base salary
Increments of $10,000
Benefit Minimum / Maximum
Up to $3,000,000
$20,000 / $3,000,000
Guaranteed Issue
Lesser of 5x eligible earnings or up to $1,500,000
Age Reduction
50% at age 70
1. Supplemental team member life insurance coverage is subject to Evidence of Insurability (EOI) above Guaranteed Issue (GI) amount.
View Supplemental Life SummaryView Supplemental AD&D SummarySpouse Life2,3,4
Dependent (Child) Life
Plan Funding
100% team member-funded
100% team member-funded
Benefit Amount
Increments of $10,000
Increments of $5,000
Benefit Maximum5
Up to $250,000
Up to $20,000
Guaranteed Issue
$100,000
Age Reduction
50% at age 70
Spouse Life2,3,4
Dependent (Child) Life
Plan Funding
100% team member-funded
100% team member-funded
Benefit Amount
Increments of $10,000
Increments of $5,000
Benefit Maximum5
Up to $250,000
Up to $20,000
Guaranteed Issue
$100,000
Age Reduction
50% at age 70
2. Supplemental spouse life insurance coverage is subject to Evidence of Insurability (EOI) above Guaranteed Issue (GI) amount for new team members.
3. Supplemental spouse life insurance coverage is subject to Evidence of Insurability (EOI) above $10,000 for current team members.
4. A team member who is married to another team member can be covered as both team member and spouse under all life coverages.
5. Coverage is the lesser of $250,000 or 100% of team members' combined Basic and Supplemental coverage.
The Benefits Service Center is made available to you through the HRConnect Self-Service Portal, providing support from dedicated professionals committed to helping you understand the benefit options available to you. Whether you have questions about your benefit plans, concerns about coverage, or just need guidance on which medical plan is right for you and your family, connect with the Benefits Service Center.
Contact HRConnectThis Digital Benefits Guide is intended to highlight available benefits and should not be relied upon to fully determine coverage. They are not complete descriptions of the benefits. The company may terminate or modify any benefits described on this website, at any time, for any reason. The descriptions listed on this website are not guarantees of coverage. If there is any conflict between this website and the official plan documents, the official plan documents and contracts will prevail.
Summary of Benefits Coverage are available within this Digital Benefits Guide as well as on MainStreet under Total REWARDS and Workday under My Benefits.
