- 2 X annual base salary, up to $1 million
- Not subject to medical underwriting
- Company paid
Prudential Voluntary Life
In addition to the company-paid life insurance, Rambus offers you the opportunity to purchase additional life insurance for yourself, your spouse/domestic partner and your children:
| Employee Life | Increments of $10,000 to $500,000 |
| Spouse/Domestic Partner Life* | Increments of $5,000 to $250,000 |
| Child(ren) Life* | $10,000 per covered child |
Guarantee Issue and Evidence of Insurability (EOI)
If you select an amount greater than the Guarantee Issue amount, you will be required to submit Evidence of Insurability (EOI). During future annual Open Enrollment periods, you may increase your coverage up to an additional $50,000 (not to exceed $150,000 total) without providing EOI. If you elect to cover your child(ren), no EOI is required.
Age Reductions
The amount of your employee or spouse life insurance will be reduced by 35% at age 65, and by 50% at age 70.
Age Reductions
| Monthly Rate / $1,000 of Coverage | |
| LT 25 | $0.040 |
| 25-29 | $0.050 |
| 30-34 | $0.060 |
| 35-39 | $0.070 |
| 40-44 | $0.080 |
| 45-49 | $0.110 |
| 50-54 | $0.170 |
| 55-59 | $0.330 |
| 60-64 | $0.500 |
| 65-69 | $0.960 |
| 70-74 | $1.560 |
| 75+ | $1.560 |
Disclaimer: Every effort has been made to ensure that the information in this summary is accurate; however no warranty of complete accuracy is made. If a discrepancy is found between this summary and the benefits you selected or the Summary Plan Description (SPD), your selections and the provisions of the SPD will govern.