As we strive to live for today, we can still plan for the future. Hitachi Vantara's Life Insurance plans through Lincoln Financial protect you and your family’s finances when you need it most. You are eligible to participate if you are a full-time employee scheduled to work at least 30 hours per week.

Visit Hitachi Vantara Benefits Direct each year to review your beneficiaries and update them if needed.

Read this page for information about:

Basic Life and Accidental Death & Dismemberment (AD&D) Insurance
Optional Life and AD&D Insurance
Dependent Life Insurance

Basic Life and Accidental Death & Dismemberment (AD&D) Insurance

Hitachi Vantara provides Basic Life and AD&D insurance at no cost to you.

  • Basic Life coverage is 2 times your annual base salary or benefit target compensation for select sales employees (up to $1 million).
  • If you die in an accident, or are dismembered and unable to work, AD&D coverage provides an additional of 2 times your annual base salary or benefit target compensation for select sales employees (up to $1 million).

You pay taxes on any coverage over $50,000.

Optional Life and AD&D Insurance

If you want extra Life and AD&D coverage, you can buy it—anywhere from 1 to 4 times your annual base salary or benefit target compensation. This optional coverage comes in units of $1,000, up to $750,000. Additional coverage amounts are rounded to the next higher $1,000 unit.

If you apply within 31 days of your hire date, you’ll be guaranteed up to 3 times your annual base salary or benefit target compensation, regardless of your health status.

If you are age 70–74, you’ll be guaranteed $20,000 in coverage. If you are age 75 or older, you are not eligible for guaranteed coverage.

If you don’t apply when you’re first hired, or if you’re already covered but want to increase your benefit outside of Open Enrollment or with a qualifying life event, you may have to provide evidence of insurability (EOI)—proof that you can be covered—before your coverage is approved. You may decrease your coverage at any time.

Optional Life & AD&D Cost

Rate per $1,000 of coverage per pay period
Age Life & AD&D
Under 30 $0.0395
30–34 $0.0495
35–39 $0.0545
40–44 $0.0595
45–49 $0.0845
50–54 $0.1445
55–59 $0.2545
60–64 $0.3895
65–69 $0.6445
Over 70 $1.0395

Dependent Life Insurance

You may purchase life insurance for your spouse/domestic partner or child(ren). There are two options available; you can elect different coverage for your spouse/domestic partner and child(ren).

Spouse or Domestic Partner Plan A* Plan B
Spouse coverage amount $100,000 $50,000
Cost per pay period $7.50 $3.00

* EOI is required for enrollment in Plan A. If no EOI is provided, you will be enrolled into Plan B.

Child or Children* Plan A Plan B
Child or children coverage amount $20,000 $10,000
Cost per pay period (this is a flat cost—it doesn’t matter how many children you insure) $1.20 $0.45

*EOI is not required for enrollment into either plan.