IQVIA Benefits Handbook
ANSWERS TO FREQUENTLY ASKED QUESTIONS
How much AD&D coverage is available under the plan?
There are two types of AD&D coverage under the plan—basic coverage and voluntary coverage.
IQVIA provides basic coverage to you at no cost. This amount is equal to two times your annual base salary, to a maximum of $1,000,000.
You pay for any voluntary coverage you elect with after-tax dollars deducted from your paycheck. The maximum voluntary coverage you can elect varies. If the voluntary coverage is for:
  • You, purchase from one to five times base annual salary up to $2,000,000.
  • Your spouse, 50% of your coverage.
  • Your dependent children, 15% of your coverage per child.
  • For your spouse and child: 40% of your coverage for spouse, 10% of your coverage per dependent child
How is my annual base salary determined and what happens if it changes at some point during the year?
Your annual base salary is your annual rate of pay (regular salary or wages), before taxes and before any deductions are made. Your annual base salary does not include commissions, incentive pay, bonuses, overtime pay, shift differential or any other fringe benefit or extra compensation.
If your annual base salary changes at any point during the year, your basic coverage amount will automatically increase or decrease as a result. This will be effective the same day as your salary change (if you are actively at work on that day) or the date you return to active work.