Insurance

You are automatically enrolled in a company-paid, basic life insurance plan after completing 30 days of service The benefit is one times your annualized earnings, and will be adjusted annually depending on your rate of pay.

Supplemental Employee Group Universal Life (GUL) insurance is designed to supplement your basic life insurance. Coverage is available to you, your spouse, and dependent children.

You can apply for GUL insurance in amounts equal to one, two, three, or four times your eligible earnings, rounded to the next highest $1,000, up to a maximum of $1,000,000. Under GUL, you will receive accelerated benefits and accidental death and dismemberment coverage. The accelerated benefits rider allows you to receive a portion of your life insurance benefit in cash if you become terminally ill. The accidental death and dismemberment rider provides two times the face amount of coverage if death occurs by accidental means and pays a benefit if certain types of dismemberment occur.

The GUL cash value account gives you an easy, convenient way to build funds to help meet your medium- to long-term financial goals. You do this by making a contribution each pay period in addition to your premium for GUL coverage. GUL pays competitive interest that accumulates on a tax-deferred basis, and the funds are yours to use even as you are building cash value.

H.B. Fuller provides short-term disability coverage for all regular, full-time, non-union employees. This program insures that you will receive 70 percent of your monthly base salary for up to six months after the tenth working day of continuous disability.

If you are disabled for an extended period, H.B. Fuller's long-term disability plan insures that you will receive 50 percent of your monthly base salary, up to a specified maximum. Long-term disability payments begin after you have been out of work due to illness or injury for six months. Disability coverage applies if you are disabled either on or off the job. You may also purchase additional LTD coverage to increase your benefit to 66 2/3 percent of your monthly eligible earnings.

The company-paid benefit provides a lump sum payment of $50,000 in the event of your accidental death. The program also includes payment of a percentage of the lump sum amount in the event of certain disabling injuries. The plan provides 24-hour accident protection anywhere in the world, on or off the job. You may also purchase additional coverage for yourself and your eligible dependents.