Life Insurance
Life insurance provides financial protection for your loved ones in the event of your death, with basic coverage typically offered at no cost. Accidental Death and Dismemberment (AD&D) adds extra benefits in case of accidental death or injury. For added security, voluntary life insurance lets you purchase additional coverage beyond the basic plan, offering more flexibility to meet your family’s needs.
Eligibility
RGM’s, Assistant Managers, and Full-Time Above Restaurant Leaders are eligible for these benefits.
Basic Life and AD&D Insurance
No cost to you – 100% paid for by CRG
| Summary of Benefits | |
| Life Benefit Amount | 1x Basic Annual Earnings up to a maximum of $100,000 |
| AD&D Benefit Amount | 1x Basic Annual Earnings up to a maximum of $100,000 |
| Benefits will reduce | 65% at age 65 50% at age 70 Coverage is discontinued at termination of employment or retirement |
Voluntary Life Insurance
100% optional – paid for by you
| Summary of Benefits | |
| Employee Coverage | $500,000 not to exceed 5x annual earnings |
| Guarantee Issue | $150,000 |
| Benefit Increment | $10,000 (minimum amount $10,000) |
| Spousal Coverage | $250,000 not to exceed 50% of employee amount |
| Guarantee Issue | $30,000 |
| Benefit Increment | $5,000 (minimum amount $10,000) |
| Child Coverage | $10,000 not to exceed 50% of employee amount |
| Guarantee Issue | $10,000 |
| Benefit Increment | $1,000 (maximum amount of $10,000) |
| Benefits will reduce | 65% at age 65 and 50% at age 70 |
Supplemental Life Insurance
EOI is required for late entrants and any amounts over the guaranteed issue limit
Employee: During the employer’s scheduled Annual Enrollment Period, an Employee who is insured for Supplemental Life may increase coverage by one incremental level (10k) without providing proof of good health up to the Guaranteed Issue limit (150k).
Spouse: During the employer’s scheduled Annual Enrollment Period, a Spouse who is insured for Supplemental Dependent Life may increase coverage by one incremental level (5k) without providing proof of good health, not to exceed the Guaranteed Issue limit (30k), not to exceed 50% of EE amount. A Spouse over the Guarantee Issue limit must submit satisfactory proof of good health for any increase. A Spouse not insured for Supplemental Life is considered a late applicant and satisfactory proof of good health is required for any amount.
Child: May elect up to the Guarantee Issue Limit (10k), not to exceed 50% of the Employee Supplemental Life amount. Child never requires EOI, but the employee must be enrolled before we can add the child. It is possible child coverage may be delayed, or a child may not be eligible if the EE election is declined.
*If both the employee and spouse are requesting coverage that requires Evidence of insurability, they each need to complete the appropriate form (EE or spouse).
IMPORTANT–Review and update your beneficiary information! Basic Group Term Life coverage begins automatically when you meet the eligibility requirements. You’ll need to designate beneficiaries for your basic life benefits using the Online Enrollment Tool. You must elect coverage for yourself in order to elect coverage on your spouse and/or children.
Continuation of Coverage–You may be able to continue your life coverage upon loss of eligibility or termination of employment under the Conversion and/or Portability option. Restrictions apply. Contact your HR Department for additional details.
The information above summarizes the Celebration Restaurant Group Life Insurance plans and is for illustrative purposes only. In the event of a discrepancy between this illustration and the official plan documents, the official documents will govern.
Last Updated: October 13, 2026