What’s New and Changing for 2021
Adobe invests in programmes to support you so you can be your best—every day. Take advantage of the 2021 enrollment period by reviewing your current plans and making changes as appropriate. Note that the policy period for Group Health Insurance is now 1 April 2021 to 31 March 2022.
All regular employees are eligible for these benefits.
|Plan||Your action needed||Where to enrol?||Policy period|
|Group Health Insurance||23 March to 8 April 2021||UHCP portal||1 April 2021 to 31 March 2022|
Group Top Up Health Insurance*
|23 March to 8 April 2021||UHCP portal||1 April 2021 to 31 March 2022|
|Voluntary Term Life Top Up||1 April to 30 April 2021||Voluntary Term Life Top-Up Enrollment||1 April 2021 to 31 March 2022|
Important: The annual window for health insurance under base and top up enrolment has been extended until 30 April 2021 and the timeline to make the payment for top up has been extended to 7 May 2021.
Group health insurance
Group health insurance covers hospital expenses related to illness, disease or injury for you, your spouse or partner (same gender), your parents and up to two children. This benefit is administered through United HealthCare Parekh (UHCP).
The current policy coverage comprises a Family Floater for the entire family with a maximum of ₹7,00,000. Coverage for parents is limited to ₹5,00,000. Parents pay a 20% copay on claims.
You can only add dependants outside of the enrollment period within 45 days of the birth of a child or a marriage, so we encourage you to enrol now if it’s right for you.
Group top up health insurance
You can enhance your medical coverage by purchasing group top up health insurance. This option is provided by United India Insurance and is available to you, your spouse, your parents and up to two children.
This is your only opportunity to enrol in a new policy or renew your current policy.
Group personal accident insurance
Group personal accident insurance protects you and your family financially if you die or are disabled due to an accident. The maximum coverage is ₹40,00,000.
No enrolment is necessary; you're automatically covered—but please log in to the UHCP portal to declare your beneficiary. Note that the policy period for Group Personal Accident Insurance is now 1 April 2020 to 31 March 2021.
Group term life insurance policy
Adobe provides group term life insurance at no cost to you. Coverage is 3 times your annual base (fixed) salary, with a maximum of ₹3,50,00,000.
The beneficiary nomination process is through My Adobe Benefits.
Voluntary term life top up
Top up life insurance is optional coverage that you can purchase in addition to the Group Term Life Insurance provided by Adobe. Participation is voluntary, and you can purchase coverage up to certain amounts.
This is your opportunity to enrol in a new policy or renew your current policy.