Traeger / Life Insurance

Traeger Pellet Grills provides each employee with $50,000 of Life and AD&D insurance as part of your core benefits. This coverage is completely free to employees — Traeger pays the premiums. Additionally, you have the option to convert your coverage if you retire, lose eligibility or terminate your employment with Traeger. This benefit is provided through Unum.

Traeger offers Voluntary Life and AD&D for you and your dependents, which can be purchased through Guardian. This option gives you the advantage of purchasing life insurance and AD&D at affordable group rates. It is not a pre-tax benefit option. Premiums are paid with after-tax dollars through an automatic payroll deduction from your paycheck.

These coverages are completely voluntary. You may purchase additional coverage in increments of $10,000, not to exceed $500,000. $150,000 is available without proof of good health for new hires. Benefits reduce beginning at age 65.

See enrollment system for Voluntary Life Insurance rates.

You may purchase spouse coverage in increments of $5,000, not to exceed 50% of the employee elected amount, or $250,000. $50,000 is available without proof of good health for new hires. Benefits reduce beginning at age 65.

Children’s insurance coverage is for unmarried dependent children from 14 days to age 26, subject to eligibility requirements. You may purchase up to $10,000 of children’s coverage, in pre-set increments. Coverage is inclusive for all children. This means that if you have one child or many children, you pay one flat amount; however, each child is covered individually for the coverage amount.

See enrollment system for Voluntary Life Insurance rates.

This information is designed to help you choose a benefit plan for 2023 only. Please refer to the Plan Documents provided by the carrier for information regarding coverage, limitations, and exclusions. If there is a difference between this guide and the Plan Documents, the Plan Documents prevail.