North State Bank 2026 Benefits Booklet

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NORTH STATE BANK | 2026 BENEFITS GUIDE

Life Benefits Supplemental Insurance: Aflac

As an optional enhancement to your health and disability insurances, we offer access to supplemental insurance through Aflac. Three supplemental policies are available: cancer with critical illness, hospitalization, and accidental events. Employees work directly with Aflac to determine eligibility and obtain premium quotes. Life & Disability Insurance Basic Life Insurance: The Standard Company North State Bank provides Basic Life insurance as well as accidental death and dismemberment coverage of $100,000 for all eligible employees. This benefit is automatic and the premiums are 100% employer paid. Supplemental Life: The Standard Company In addition to the basic life insurance provided by the Bank, employees may elect supplemental coverage. You have two coverage options: Option 1: Flat-Dollar Coverage Choose a fixed benefit amount of $100,000 or $200,000. Option 2: Salary-Based Coverage Choose from one to five times your annual salary. Coverage up to $200,000 is guaranteed; amounts above $200,000 require evidence of insurability (EOI). Note: Coverage up to $200,000 is guaranteed; amounts above $200,000 require evidence of insurability (EOI). Combined Basic and Supplemental Life coverage cannot exceed $900,000. Supplemental Life Insurance for Spouse If you elect Supplemental Life Insurance, you may also cover your spouse. Spouse coverage is available in increments of $25,000 up to $200,000 but cannot exceed your own elected coverage. Coverage up to $50,000 is guaranteed; amounts above $50,000 require evidence of insurability (EOI). Paid with post-tax dollars based on employee’s age (regardless of coverage for employees or spouse) 0-29 years old $0.104 50-54 years old $0.514 30-34 years old $0.136 55-59 years old $0.640 35-39 years old $0.157 60-64 years old $0.923 40-44 years old $0.293 65-69 years old $1.427 45-49 years old $0.388 70 years or greater $2.572 Supplemental Life Insurance Monthly Contributions per $1,000 of coverage