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Wendy’s automatically pays for Basic Life and Accidental Death & Dismemberment (AD&D) insurance for you. You can also purchase additional levels of insurance coverage for yourself, your spouse/Domestic Partner and your children/children of your Domestic Partner.
| Basic Life and AD&D (paid by Wendy’s) |
Optional Life (paid by you) |
|
| Employee | Life: 1x your annual base salary AD&D: 1x your annual base salary |
Can purchase in increments of $10,000 Can elect up to the lesser of 3x your annual base salary or $750,000 in additional life insurance without providing evidence of insurability Can elect $1.5 million in combined basic and optional life insurance, but you will need to answer additional health questions |
| Spouse/DP1 | No Coverage | Can purchase in increments of $10,000, up to a total of $250,000, but no more than 100% of your combined basic and optional life insurance |
| Children/DP Children1 | No Coverage | $10,000 |
1 DP stands for Domestic Partner.
Designate your Beneficiary
It’s important to designate a beneficiary. A beneficiary is the person or legal entity that will receive the proceeds from your life insurance benefit in the event of your death. A beneficiary can be a person, organization, trust or charity. To learn more about the life insurance benefit and designate a beneficiary, visit my.benefitsnow.com or call the Wendy’s Benefits Service Center at 855.557.9603.