When it comes to Life and Accidental Death & Dismemberment (AD&D), we provide financial protection for you and your family. We cover the cost of your basic coverage. You can enhance these benefits for yourself and your loved ones with supplemental buy-up options that make a big difference if something unfortunate occurs.
If your basic life Insurance coverage exceeds $50,000, as well as basic spouse/domestic partner life coverage exceeds $2,000 and basic child life coverage exceeds $2,000, then imputed income will apply on your paychecks. Here're more information on imputed income. Per the Internal Revenue Service, the cost of company-provided life insurance over these limits is treated as taxable income. Additional information on the calculation of the imputed income can be found on the IRS Group-Term Life Insurance website.
Proof of good health, also known as evidence of insurability (EOI), is used to qualify for certain amounts of life insurance coverage.
Basic Life and Accidental Death & Dismemberment Insurance are fully paid for by NVIDIA.
Costs for all other insurance options are based upon age and the amount selected. Costs are available on the U.S. Benefits Enrollment Site. You must be connected to the NVIDIA network to access this link.
You’re automatically enrolled in Basic Life, Accidental Death & Dismemberment, Basic Spouse/Domestic Partner Life, and Basic Child Life Insurance.
You can enroll in supplemental insurance plans through the U.S. Benefits Enrollment Site at any time. Evidence of insurability may apply; if required, Prudential, the plan administrator, will send you a form to fill out.