Life and Accident Coverage at a Glance

BNY Mellon Benefits Guide


DESCRIPTION AND CHOICES
	EMPLOYEE COVERAGE	BENEFICIARY
Life Insurance	Basic – You automatically receive BNY Mellon-paid coverage equal to your annual base pay, up to $500,000. Buy down – You may "buy down" to $50,000 of coverage and receive a credit (if your annual base pay is greater than $50,000). Supplemental – You may purchase additional coverage of one to eight times your annual base pay, up to a $3 million maximum, subject to Evidence of Insurability.	You must choose a primary beneficiary.
AD&D Insurance	Basic – You automatically receive basic BNY Mellon-paid coverage equal to your annual base pay, up to $500,000. Supplemental – You may purchase additional coverage of one to eight times your annual base pay, up to a $3 million maximum.	You must choose a primary beneficiary.
Travel Accident Insurance	Basic – You automatically receive BNY Mellon-paid coverage equal to five times your annual base pay, with a minimum coverage amount of $250,000 and a maximum coverage amount of $4 million. This coverage pays a benefit if you have a serious accident while traveling on company business (or commuting to or from work). The plan pays a full benefit in the event of death and a partial benefit if you suffer certain serious injuries.	Same as your basic life insurance beneficiary.
DEPENDENT COVERAGE
Spouse/Qualified Domestic Partner Life Insurance	No Coverage $25,000 $50,000	You are automatically the beneficiary for this coverage.
Child Life Insurance	No Coverage $10,000 $15,000 If you elect coverage, it includes all of your dependent children—you do not elect separate coverage for each child.	You are automatically the beneficiary for this coverage.