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Life and AD&D

DVA provides full-time employees with $10,000 of Life and AD&D coverage at no cost to you!  In addition to the Basic Life offered through Principal, you have an opportunity to purchase additional life insurance for yourself, spouse and children to help financially protect your family and provide peace of mind in the event of your death. You must enroll in the coverage in order to cover your dependents.

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Benefit reductions do apply beginning at age 65. The reduction schedule is:

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Age 65 Benefits reduced by 35%

Age 70 Benefits reduced by 50%

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Please be sure to keep your beneficiary designations current when life events  occur (marriage, divorce, birth/adoption).

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