Life, Disability, and Voluntary Benefits – The Hartford

Effective January 1, 2025, Renovo’s life and accidental death and dismemberment (AD&D), disability, and voluntary benefits will be provided through The Hartford. The Hartford wants to help you understand your plans and make smart decisions during Open Enrollment.

Please review the valuable resources on this page to learn more about your benefits, the additional services that The Hartford offers, and try out their benefit calculators to see how much insurance you should purchase for your unique needs.

Life and AD&D Overview

These benefits protect you and your loved ones financially in the event you are seriously injured or pass away. Renovo provides a basic life and AD&D benefit of $50,000 at no cost to you. You may choose to purchase additional coverage for your spouse and your children.

Because of the change in vendors, this year’s Open Enrollment offers an opportunity for all employees to purchase up to the Guaranteed Issue amount without having to provide Evidence of Insurability (proof of good health). Guaranteed Issue amounts are increasing for 2025:

• $200,000 for employee coverage
• $50,000 for spouse coverage

There are no changes to rates or plan design for 2025.

To calculate how much life insurance you should buy, use this handy calculator.

Disability Overview

You are automatically covered under core long-term disability (LTD) at no cost to you. You may choose to enroll in voluntary short-term disability (STD) and/or voluntary LTD at a low monthly rate. These benefits provide a portion of your income if you are ill or injured and unable to work for an extended period of time.

To determine if these benefits are a good fit for you, use the disability calculator.  

Voluntary Benefits Overview

• Accident insurance: Pays a lump sum if you are injured in an accident. The money can be spent as you see fit.
• Critical Illness insurance: Protect yourself from financial strain in case of a critical illness like heart attack, coma, or cancer. Pays a lump sum dependent on diagnosis.
• Hospital Indemnity insurance: Cover the cost of a hospital stay with this benefit, which provides a lump sum directly to you.

Other Services

The Hartford also provides other value-added services, including:

• Empathy support
• Health care support
• Leave management support