Please note that information on this website is only intended to provide jargon-free information about the IARC benefits and does not cover every exception or possibility. The policy documents for the various benefits are controlling.
The accidental death and dismemberment (AD&D) benefit is provided in case of death or dismemberment occurring within 180 days of an accident. The Accidental Death payment is in addition to the Life benefit payment. If death results from an accident for which dismemberment has already been paid, the amount of the dismemberment benefit is then deducted from the accidental death benefit payable.
If you are a full- or part-time employee of a Center, your beneficiaries would receive a lump sum accidental death payment equal to your annual base salary multiplied by 3 or 5 times depending on your Center and rounded to next higher $1,000, in the unfortunate event of your death due to an accident. The salary of part-time employees shall be deemed as the pro-rated salary (the amount actually paid on an annual basis).
Your accidental death and dismemberment benefit coverage will be reduced according to the following age restrictions:
- From age 70 to 74, you will receive 75% of the full benefit.
- From age 75 to 79, you will receive 50% of the full benefit.
- At age 80, your coverage will cease.
If you are a short-term employee or long-term consultant of a Center, the Accident Death payment offered is a flat fixed amount of $50,000 or $100,000.
If you have an eligible dependent enrolled in the plan, the Accidental Death Payment is 50% of the employee’s benefit for the death of a spouse/partner and 5% for the death of a child. Accidental Death coverage applies only to eligible dependents of full-time or part-time employees. Please note that dependents are not eligible for Accidental Dismemberment coverage.
In the event you suffer an injury or disabling loss (dismemberment) due to an accident, you would receive a lump sum accidental dismemberment benefit determined as a percentage of the full accidental death benefit. Please refer to the IARC Death & Disability Benefit Plan Explanatory Booklet for a wide range of medical injuries and losses covered by the Plan for disabling events.
Effective Date of Coverage
If you are a full-time employee, part-time employee, or long-term consultant, AD&D coverage becomes effective five days prior to your official date of employment at your Center and AD&D coverage will end 25 days (the grace period) after you have terminated employment from your Center.
If you are a short-term employee, short-term consultant, visiting scientist, trainee/student or very short-term employee, AD&D coverage becomes effective on the date of employment and AD&D coverage will end 25 days (the grace period) after you have terminated employment from your Center.