Protect your income and maximize your financial security. Oncor covers the cost of employee life insurance, AD&D, and disability coverage and offers voluntary insurance for unique needs. You can also elect coverage for your spouse and/or children.
Oncor provides you with Basic Life Insurance coverage of one time your annual base pay, up to $1 million.
You may purchase Optional Life Insurance coverage of one to seven times your annual base pay rounded to the nearest thousand, up to $2 million. Your premiums are based on your age and annual base pay.
Spouse
Child/Children
Coverage of $10,000, $15,000, or $20,000
Note: Life insurance offered to employees is group term insurance, which means it has no cash value. You cannot receive money from the policy; it provides coverage only in the event of death.
Free services included when you elect supplemental life coverage
Will Preparation Services
Creating a will prevents unnecessary stress and ensures your wishes are clear when it matters most. MetLife’s Optional Life Insurance includes will preparation services through MetLife Legal Plans at no extra cost.
If you prefer to use an attorney outside the network, you’ll receive reimbursement based on a set fee schedule.
Additional Support Services
Your coverage may also include:
Get Started
Visit legalplans.com/estateplanning or call MetLife Legal Plans at 1.800.821.6400 (Monday–Friday, 8am–8pm EST)
Will Writing Services
MetLife Legal Plans: 1.800.821.6400
Funeral Discount, Planning & Grief Counseling
MetLife: 1.800.638.6420
You must submit a Statement of Health (SOH) and receive insurance company approval in these situations:
Late Enrollment
Increasing Coverage During Annual Enrollment
New Employees
Spouse Coverage
Important: Any coverage requiring SOH takes effect only after insurance company approval.
You need to name a beneficiary who will receive the benefit in the event of your death. You can review or change your beneficiary at any time on myhrconnection.oncor.com. It’s a good idea to review your designations each year to ensure they are still appropriate.
Life insurance offers an Accelerated Death Benefit. If you have a terminal illness with a life expectancy of 24 months or less, you may be able to receive up to 80% of your life insurance benefit (up to $500,000).
For details, go to myhrconnection.oncor.com and submit a case to HR Help or email HR Advocacy at oncres1@oncor.com.
In the event of your death, your eligible Basic Life Insurance beneficiary will be paid a benefit equal to one month of your base pay. This benefit is in addition to other life insurance and retirement plan death benefits, if any.
In the event of an employee’s death or that of an employee’s spouse, surviving family members can access free financial counseling services. This counseling is provided to employees by AYCO, an independent company. AYCO counselors work on a fee-only basis (paid by Oncor) and do not sell products on commission. Go to HR Help and submit a case to the benefits team or email HR Advocacy at oncres1@oncor.com.
Oncor provides you with Basic Accidental Death and Dismemberment (AD&D) coverage equal to two times your annual base pay, up to $2 million, if you die or suffer certain types of injuries as the result of an accident. In case of death, this benefit amount is in addition to Basic and Optional Life Insurance.
The beneficiary you designate for Basic AD&D Insurance may be different from the beneficiary you designate for Optional AD&D Insurance, if you buy optional coverage.
If you enroll your eligible family members, benefits are calculated as follows:
Spouse Only (No Children)
Children Only (No Spouse):
Spouse and Children
Oncor protects your income if you’re unable to work due to illness or injury through two programs that are fully paid for by the company: salary continuation of up to 100% of your pay for time away from work for short-term illness or injury and Long-Term Disability (LTD).
Note: Details on salary continuation are available on Oncor’s Intranet > Oncor Company > Policy Manual.
How LTD Pays
How LTD pays is based on your age when disability begins:
These optional coverages are available at group rates. You pay premiums through payroll deductions.
Pays you a cash benefit when you get treatment for an accidental injury. You can receive payment for a long list of minor to serious injuries.
Pays you a lump-sum cash benefit when a doctor diagnoses you with a covered serious illness or condition, such as heart attack, stroke, or cancer.
Pays you a cash benefit when you have a hospital stay for an illness, injury, surgery, or childbirth.
Available to new hires only during initial enrollment period
If you are currently enrolled through The Standard (formerly Allstate), you may continue your coverage. If you decide to discontinue your coverage, contact the Oncor Benefits Center. You won’t be able to re-enroll.
Proactive monitoring and fraud alerts to protect your personal information. Notifies you at earliest sign and enables quick restoration for minimal damage and stress.
Connect with licensed veterinarians via video call from home, plus access to VetsterRx online pharmacy with prescriptions shipped directly to you.
Oncor Intranet > Live Well > Benefits > Voluntary Benefits
The benefits described in this section equip you to provide for the people you love most should life throw you a curve ball. Some of this invaluable protection is provided by Oncor at no cost to you; additional coverage is offered on a voluntary basis at competitive rates.
Refer to the Summary Plan Description for the Oncor Electric Delivery Company LLC Employee Welfare Benefit Plan and other documents in the Resource Library. You may obtain a copy of the required legal notices at no cost by opening a case through myhrconnection.oncor.com. Go to HR Help and submit a case to the benefits team.
Options and programs described in this website, as well as other communication materials, are intended only to be summaries of certain provisions of Oncor’s employee benefit plan(s) (the “Plan”). Benefits communication materials from the Oncor Benefits Department update and modify certain provisions of the Plan and, as such, constitutes a summary of material modifications under the law. The programs are governed by formal plan documents, and, in the event of a discrepancy, the formal plan documents will prevail. Oncor reserves the right to amend and/or terminate any or all of its benefit programs, in whole or in part, from time to time. The employee benefits offered through the Plan are optional. Any recommendations of any of the third-party administrators or insurers, or in-network/out-of- network designations are made solely by the applicable third-party administrators and/or insurance carriers, not by Oncor or the Plan.