ACS New Grad Package Disclosures

$15,000 of Accidental Death and Dismemberment Coverage—automatically included in members' coverage to provide additional protection in the event of a fatal accident or covered accidental injury such as loss of limbs or eyes. See Certificate of Insurance for specific amounts.

Disability Provision—allows you to collect $25,000 of Basic Group Term Life Insurance over a five-year period if a total or permanent disability occurs prior to age 60 (member coverage only, see Certificate of Insurance for details). The application must be made no later than one year from the date you become disabled. The premium on any additional coverage will be waived while the total disability continues.

It's portable. Unlike employer-sponsored coverage, ACS Group Term Life Insurance stays with you no matter where your career takes you, as long as you pay your premiums when due, you maintain your ACS membership, and the policy remains in effect.

Accelerated Death Benefit—provides you and your Spouse/Domestic Partner (if covered) with the option to apply for one advance payment up to 75% of your in-force life insurance while alive, if you're diagnosed as terminally ill with a life expectancy of 12 months (Illinois residents: 24 months) or less. You can use all the money received under the accelerated death benefit in any way you choose—pay bills, maintain your quality of life, or for any other financial obligation—to help ease the burden during a difficult time. For terms, conditions, and limitations, please see the Certificate of Insurance. Full premiums continue to be payable. Please note that receipt of accelerated death benefits may affect your eligibility for public assistance programs and may be taxable. You should consult with the appropriate social services agency and seek the advice of a qualified tax advisor prior to applying to receive such benefits. Amount received at time of insured's death will be reduced by any payment made under this benefit.

Note: The accelerated death benefit is not available to residents of Massachusetts

Yes! The Board of Trustees, Group Insurance Plans for ACS Members regularly approves premium credits on new and renewed policies. The premium credit for 2018 is 20%, and the Term Life Plan Trust Fund pays these credits to the insurance carrier. That means that in addition to the group discount you receive as an ACS member, you pay only 80% of the gross premium. Premium credits are not guaranteed and vary from year to year, depending on claims experience.

If you are not completely satisfied with the terms of your Certificate of Insurance, you may return it, without claim, within 30 days. Your coverage will be invalidated and you will receive a full refund of any paid premium—no questions asked!

Call the ACS plan administrator at 800.752.0179, or visit acs.org/insurance. For complete details on this plan, including features, costs, eligibility, renewability, limitations, and exclusions, see the Certificate of Insurance.

ACS Group Term Life Insurance plans underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010, under policy form GMR-G 29200/FACE. New York Life Insurance Company, a leading insurance company, rated A++ by A.M. Best for financial strength (7/20/17).

The ACS Member Insurance Program is self-supporting. ACS member dues are not used in any way to maintain or promote ACS insurance plans.

The ACS Group Disability Income Insurance Plan, underwritten by New York Life Insurance Company, can serve as a primary income replacement plan or act as a supplement to your employer benefits, other governmental benefits, Social Security benefits, and benefits from other group policies as long as the combined amount of your benefits from other sources does not exceed 60% of your basic monthly earnings.*

*Disability benefits under the ACS plan are reduced by any benefit amount received from these sources. However, no matter the amount received, a minimum benefit payment of $100 will be made.

• Benefits payable on the 31st day after the onset of the disability.
• Benefits paid for up to 24 months while you remain totally disabled.
• For a disability starting on or after your 67th birthday, benefits will reduce 50% and are payable for 24 months or to your 70th birthday, whichever occurs first.

Disability benefits are generally income tax free, provided you pay for the coverage. Contact your tax advisor for information about your specific situation.

It's portable. Unlike employer-sponsored coverage, ACS Group Disability Income Insurance stays with you no matter where your career takes you, as long as you pay your premiums when due, you maintain your ACS membership, and the policy remains in effect.

If you're not completely satisfied with the terms of your Certificate of Insurance, you may return it, without claim, within 30 days. Your coverage will be invalidated and you will receive a full refund—no questions asked!

Total disability is an incapacity that completely and continuously prevents the insured from doing the material and substantial duties of his or her regular occupation during the waiting period and during the next 60 consecutive months; and thereafter, the incapacity to do the material and substantial duties of any occupation for which they are or may become qualified by reason of education, training, or experience.

If you return to work after a covered disability, which began before age 60 and lasted for at least 60 consecutive days, you may be entitled to a residual benefit if:

1. A total disability income benefit was paid for the same injury, sickness or organ donation for which the claim for covered residual disability benefits is made
2. You did not receive your benefit for the full maximum period applicable to the disability
3. Your current average earnings during the most recent six months after the total disability ends are no more than 75% of your pre-disability* average earnings

The residual benefit is a percentage of your total disability benefit equal to the percentage reduction of monthly earnings. For every month that the percentage reduction is 75% or more, the plan will pay the full total disability benefit. The residual benefit will be paid for as long as the total disability benefit would have been paid if the underlying total disability had continued, or until you go for six consecutive months without qualifying for residual benefits, if earlier.

*Pre-disability earnings means your average monthly earnings for the months prior to the onset of your disability based on the policy parameters.

In the event you die while receiving benefits under this plan for Total Disability that lasted at least 3 months immediately prior to the day of death, the plan will provide a final benefit equal to 3 times the monthly benefit amount.

Coverage becomes effective on the day of approval of your application by New York Life Insurance Company, provided you pay your premium when due and are actively at work or capable of working on that day. If you are temporarily disabled at the time your application is approved, coverage will be effective on the first day you return to work.

Coverage will automatically be renewed until the plan anniversary date coinciding with or next following the date you become 70.* To ensure your continued coverage, the group policy must remain in force, premiums must be paid when due, and you must be an ACS member in good standing. You must also continue to be actively engaged in the duties of your occupation. If you are laid off or take a leave of absence, coverage will continue for up to 90 days after your last day at work.

*The December 31st on or after the covered person reaches age 70.

Benefits are not payable for disabilities resulting from: 1) intentionally self-inflicted injuries, while sane or insane (Missouri residents: the exclusion for intentionally self-inflicted injuries is not applicable to injury caused by an attempted suicide while insane); 2) full-time service in the Armed Forces or war or acts of war other than as a victim; 3) accidents while boarding, traveling, or alighting from an aircraft used for training, testing, practice, or experimental purposes; 4) serving as a crew member on any aircraft; 5) normal pregnancy and resulting childbirth or miscarriage (complications of pregnancy are covered); or 6) any impairment or disease specifically excluded from your coverage.

A maximum of 24 monthly benefit payments will be made for disabilities caused by or resulting from mental illness, alcoholism, or drug abuse.

NOTE: For insureds disabled at age 67 and over, they will have a 50% benefit reduction with a corresponding reduction in premium for the lesser of two years or to age 70. No benefits will be paid beyond age 70. Group rates may be adjusted on a plan-wide basis, after approval by the Board of Trustees, Group Insurance Plans for ACS Members.

Call the ACS plan administrator at 800.752.0179, or visit acs.org/insurance. For complete details on this plan, including features, costs, eligibility, renewability, limitations, and exclusions, see the Certificate of Insurance.

ACS Group Disability Income Insurance plans underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010, under policy form GMR-G-29201/FACE. New York Life Insurance Company, a leading insurance company, rated A++ by A.M. Best for financial strength (7/20/17).

The ACS Member Insurance Program is self-supporting. ACS member dues are not used in any way to maintain or promote ACS insurance plans.