Retiree coverage

Retiree coverage on the ExxonMobil Life Insurance Program

• You can continue your Group Universal Life Coverage until age 70 if your retirement date is on or before December 1, 2015, or until age 95 if your retirement date is after December 1, 2015. Your Basic and Voluntary Accidental Death and Dismemberment Insurance end when your employment ends.

Basic Life Coverage

Basic Life coverage ends at the retirement.

Grandfathered groups

Basic Life coverage will continue in the cases in which the retirement conditions were as follows:

1. Anyone who becomes an ExxonMobil retiree after January 1, 2000, and on or before December 1, 2015, or

• Anyone who, as of December 1, 2015, was an active employee participating in the plan with at least 50 years of age and at least 10 years of benefit service, and becomes a retiree after December 1, 2015. Life Insurance benefit continues only for 5 years after your retirement date and then ends.

The benefit is a multiple of your last annualized monthly benefit pay as a regular employee and your age at the time of death, as described in the Basic life coverage section.

Group Universal Life Insurance

If your retirement date is after December 1, 2015, you can continue Group Universal Life Insurance through the ExxonMobil Life Insurance Plan until age 95 with rates that are the same as those for active employees. The rates you pay are based on your age and the coverage that is in effect.

If your retirement date is on or before December 1, 2015, you can continue Group Universal Life Insurance through the ExxonMobil Life Insurance Plan until age 70  with rates that are the same as those for active employees. The rates you pay are based on your age and the coverage that is in effect.

For coverage options after age 70, see Options when you retire.