Your guide to ADDITIONAL VOLUNTARY BENEFITS

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1 Your guide to ADDITIONAL VOLUNTARY BENEFITS What s Inside Life Insurance... P2 Disability Insurance... P2 Long-Term Care Insurance... P3 Personal Insurance...P3 Auto/Homeowner s/renter s/pet Insurance... P4 Legal Protection... P4 529 College Savings Plan... P5 AVB Vendor Directory... Back Cover

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3 Your guide to ADDITIONAL VOLUNTARY BENEFITS There s more to benefits than medical, prescription, dental and vision coverage. Securing your future, and that of your loved ones, is also important. MGM MIRAGE is pleased to offer you an assortment of voluntary products that allow you to personalize your benefits package. Choose the additional voluntary benefits, made affordable with MGM MIRAGE group rates, that meet your specific needs. Review this brochure to learn which voluntary benefits meet your needs. For more information, turn to the vendor directory on the back cover. 1

4 2 Life Insurance Your MGM MIRAGE benefits package includes life insurance at no cost to you. This company-paid coverage is equal to your annual income ($15,000 minimum), and includes Accidental Death and Dismemberment (AD&D) insurance in the same amount. MGM MIRAGE also provides life insurance for your spouse and dependent children. If something were to happen, will the company-paid insurance cover the mortgage, car payment, credit card bills and other expenses? MGM MIRAGE offers two types of voluntary life insurance products to help protect you and your family. Term Life provided by UnumProvident Term life is basic life insurance. You select the coverage amount, up to $500,000, and the benefit is payable to the beneficiaries you elect. Term life insurance may also be purchased for your spouse and dependent children. You may also purchase AD&D insurance to complement your term life policy. So if the unexpected happens, you and your family are further protected. Universal Life provided by Genworth Universal life gives you the flexibility to secure your family s future, while building an accessible cash account. Unlike term life, the premiums for universal life insurance remain the same, even as you grow older. Universal life premiums can be higher than term life premiums, because a portion is put into an account that earns interest. The cash value of your universal life account is available to you at anytime, subject to early withdrawal fees. Disability Insurance There is a lot depending on your paycheck your home, car, food and much more. How would you pay for everyday expenses if you were unable to work for an extended period of time? Disability insurance is income replacement. You can have peace of mind knowing your income is protected when you cannot work due to an injury, illness or pregnancy. Short-Term Disability provided by UnumProvident Short-term disability insurance can replace your income for up to 26 weeks. Choose your level of benefit and the elimination period that would best meet your needs: Benefit Amount: Choose to replace 40% of your income, up to $500 per week or 60% of your income, up to $1,000 per week. Elimination Period: The waiting period before you receive benefits. Choose between 14 days and 30 days. Long-Term Disability provided by UnumProvident Long-term disability insurance can replace your income when you are unable to work for an extended period of time. Choose your level of benefit and the duration of the benefit that would best meet your needs: Benefit Amount: Choose to replace 50% or 60% of your income, up to a maximum benefit of $10,000 per month. Benefit Duration: Choose the length of time the benefit is payable to you: five (5) years or up to age 65. Long-term disability benefits begin after the 180-day elimination period.

5 Long-Term Care Insurance When you need help with daily activities due to injury, chronic illness or advancing age, look to long-term care (LTC) insurance. LTC helps pay the bills that health insurance, disability insurance and Medicare do not, such as home health care, and care at adult day care centers, assisted living facilities, nursing homes or hospices. Based on Aetna s claims history, the top five (5) medical conditions requiring LTC are: 1. Alzheimer s disease 2. Cancer 3. Stroke 4. Parkinson s disease, and other neurological conditions 5. Arthritis Long-Term Care provided by Aetna Long-term care insurance provides daily cash benefits. Choose the level of benefit that suits you, whether it s $100, $150 or $200 per day. You may also select the length of time the benefit is payable, three (3) or five (5) years. Once you enroll for long-term care insurance, your premiums remain the same, even as you get older. Personal Insurance Quality health insurance means security. Personal insurance plans increase your security by paying you cash to help you cover your deductibles, co-payments, coinsurance and other out-of-pocket expenses that your health insurance may not. MGM MIRAGE offers you the choice of three personal insurance plans: Personal Recovery Plus provided by Aflac Science has increased survival rates for many serious medical conditions, such as heart attack and stroke. The Personal Recovery Plus plan benefit is paid upon diagnosis. The plan includes a first occurrence benefit, a reoccurrence benefit, hospital confinement benefits, continuing care benefits and much more. Personal Accident Indemnity Plan provided by Aflac Accidents are the leading cause of injury-related emergency room visits. The Personal Accident Indemnity Plan pays for emergency treatment, hospital confinement and much more, if an accident occurs on or off the job. Personal Cancer Indemnity Plan provided by Aflac According to the American Cancer Society, men in the United States have slightly less than a 1-in-2 risk of developing cancer during their lifetime; for women, the risk is a little greater than 1-in-3. The Personal Cancer Indemnity Plan benefit includes coverage for hospital confinement, nursing services, radiation and chemotherapy, cancer screening wellness and much more. 3

6 Auto/Homeowner s/renter s/pet Insurance You never know when you ll be moving into a new home, buying a new car, or simply looking to save a few dollars on your insurance coverage. So when you re ready, there is a benefit option ready for you. Auto/Homeowner s/renter s Insurance provided by MetLife Special group rates and discounts can save you money, and provide valuable coverage for all your personal property and liability insurance needs. MetLife Auto and Home policies provide you with the security you need to protect your home, car and wallet. Pet Insurance provided by MetLife Make sure your family s pet gets the care it needs. After all, your pet is a part of your family. Insure your animal with pet insurance so you can rest assured knowing help is available to handle the ever-increasing costs of caring for your special friend. Legal Protection In today s complex world, you never know when you might need the advice of a professional. Get peace of mind knowing you have affordable access to legal guidance, on a variety of topics, should the need arise. MetLaw provided by MetLife Whether you re selling a home, preparing a will, or dealing with a multitude of other unexpected legal matters, MetLaw provides you with legal guidance at a price you can afford. With more than 9,000 participating attorneys, legal advice is only a phone call away. MetLaw is a group legal plan made available through Hyatt Legal Plans, a MetLife company. MetDESK provided by MetLife MetDESK, MetLife s Division of Estate Planning for Special Kids, provides confidential, personalized information and advice to help ensure the lifetime care and quality for dependents with special needs. With no-cost access to a national network of experts in special needs planning, MetDesk offers you guidance and protection in today s complicated world of financial planning. This includes providing you with practical information about government benefit eligibility, how to choose a trustee, ways to fund special needs trusts, and much more. 4

7 529 College Savings Plan Saving for your child s college education can be one of the most important investments you ever make. Ensure your child s future by planning today. The MFS 529 College Savings Plan is designed to help you meet the rising costs of higher education. Start by investing as little as $12.50 a paycheck. Your contributions are directed to the investment funds of your choice, and growth is tax-free when used for qualifying expenses. The College Savings Plan allows you to pay for higher education for anyone, including nieces and nephews, grandchildren, and even yourself. Need more information? Turn to the back cover. 5

8 For more information, including premiums, please visit your benefits office or contact the appropriate insurer below. AVB Vendor Directory 529 College Savings Plan MFS (866) Auto/Homeowner s/renter s Insurance MetLife (800) GET-MET 8 Legal Protection MetLife (800) GET-MET 8 Long-Term Care Insurance Aetna (888) Personal Care Insurance Aflac (702) Password: MGM MIRAGE Pet Insurance MetLife (800) GET-MET 8 Short- and Long-Term Disability Insurance UnumProvident Customer Service (800) Claims (800) Term Life Insurance UnumProvident Customer Service (800) Claims (800) Universal Life Insurance Genworth (800) MGM MIRAGE ITEM #74 (5/06)