CLEAR offers programs to help ensure financial security for you and your family. We also provide access to supplemental life insurance benefits designed to help you save money on valuable life insurance coverage.
Life and Accident Insurance Benefits
CLEAR paid life insurance option. All coverage is provided by Unum. All Life Insurance coverage is Group Term Life coverage.
Basic Life and Accident Insurance (CLEAR Paid)
As a benefits-eligible employee, you automatically receive company-paid Life and Accidental Death and Dismemberment (AD&D) insurance at no cost to you. The amount of coverage varies based on your salary and job type.
You may view your coverage amount in Workday:
Login to Workday via Okta Link (within Okta, select the Workday tile)
In the "Your Top Apps" section, click on Benefits and Pay
Look for the Current Benefit Costs tile,
Click on View Benefit Details
* Please be sure to confirm and if needed, update, your beneficiary information each year.
Supplemental Life and Accident Insurance Benefits
Voluntary "buy up" life insurance option. All coverage is provided by Unum. All Life Insurance coverage is Group Term Life coverage.
Unum 2024 Voluntary Life Insurance Flyer.pdfSupplemental Life and Accident Insurance (team member paid)
As a benefits-eligible team member, you also have the option to purchase additional Supplemental Life and AD&D Insurance for yourself and your family, which would be on top of Basic Life and Accident Insurance.
To cover your spouse or dependents, you as the employee, MUST also participate in the supplemental life coverage.
You may elect coverage in $1,000 increments up to a maximum of:
Employee: The lesser of 5x your annual salary or $1,000,000
Spouse/Domestic Partner: The lesser of 5x the team member's annual salary or $500,000
Child: $10,000*
In some cases, you may be required to provide Evidence of Insurability, such as:
Elections above the guaranteed issue amounts of:
Employee: $225,000
Spouse: $50,000
Elections outside the initial eligibility window, which is typically 30 days from your hire date, status change to full-time, or life event
* Please be sure to confirm and if needed, update, your beneficiary information each year.
Supplemental Life Insurance Rates
2024 Bi-Weekly Contribution Rates - view these rates if you are paid biweekly
2024 Semi-Monthly Contribution Rates - view these rates if you are paid semi-monthly
How to assign or update a beneficiary in Workday
Changing Your Beneficiary
In Workday, you may change your beneficiary for any reason. A beneficiary is a person or entity you legally designate to benefit from your financial products. Click this link or the document to the right for step-by-step instructions.
For life insurance coverage, that is the death benefit your policy will pay if you die.
For retirement (your 401k account), that is the balance of your assets in those accounts.
Change Your Beneficiary_Workday.pdfOptions to Continue Your Coverage After Separation
If your coverage ends due to termination of employment, loss of benefits eligibility, or any other reason, you may have the option to port or convert your life insurance coverage. Please contact Unum at 866-868-6737 to discuss your options.
Unum _ Group Term Life Portability and Conversion (1).pdfAE-1067 - Life Conversion Application.pdfAE-1213-NY - Life Insurance Election of Portability Coverage.pdf