Healthcare Provider Update: Provides medical, dental, vision, HSA, FSA, and wellness programs, with no premium increases for 2025 despite inflation pressures 4. With ACA costs expected to rise sharply in 2026, Chemours premium freeze and biometric incentives offer employees cost control and proactive savings. Click here to learn more
Renters sometimes overlook the need for insurance based on the belief that they may not have a significant amount of personal possessions, or because the property is already insured by the owner.
Chemours employees must note how while it is true that a rental property is insured by the owner, the destruction or loss of your personal belongings is not. But, that’s not the only risk renters need to worry about.
The typical renter’s insurance policy can cover your possessions against losses arising from fire, smoke, lightning, theft, vandalism, explosion, wind storm and water damage (excluding floods).
If you are employed at Chemours, even if you don’t believe that the value of your personal possessions warrants insurance protection (though you may think differently after an inventory of their value), renter’s insurance covers other potential risks that can adversely impact your finances.
Chemours employees must note that renter’s insurance is designed to cover damages and costs in the event that visitors are injured in your apartment or elsewhere by you, your pet, or a family member living with you. This includes any legal defense expenses if you are taken to court.
A renter’s policy may also cover additional living expenses should you be unable to live in your apartment due to a covered peril, such as fire, though the policy may set limits on how much you will be reimbursed.
Chemours employees should make sure to know whether a policy insures for actual cash value (pays to replace your possessions after reducing for depreciation) or for replacement cost (which pays the actual cost of replacing items, up to policy limits). In most cases, replacement cost coverage is the smarter option.
If you are employed at Chemours and have any possessions of particularly high value such as art or jewelry, you may want to add a floater to the standard renter’s insurance policy.
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If you are living with a roommate or domestic partner, you should inquire how the policy is expected to cover both parties as state regulations and insurance policies may vary.
Renter’s insurance is usually quite inexpensive, so if you are unsure whether to purchase a renter’s policy, talk to an insurance agent and obtain a quote. The low cost of protection may make a smart decision easier.
What is the Chemours 401(k) Savings Plan?
The Chemours 401(k) Savings Plan is a retirement savings plan that allows eligible employees to save for their future by contributing a portion of their salary on a pre-tax or after-tax basis.
How can Chemours employees enroll in the 401(k) Savings Plan?
Chemours employees can enroll in the 401(k) Savings Plan by completing the online enrollment process through the company's benefits portal during the enrollment period.
What is the matching contribution offered by Chemours for the 401(k) Savings Plan?
Chemours offers a matching contribution to the 401(k) Savings Plan, which typically matches a percentage of employee contributions, up to a certain limit.
Are there any eligibility requirements for Chemours employees to participate in the 401(k) Savings Plan?
Yes, Chemours employees must meet specific eligibility requirements, such as being a full-time employee and reaching a minimum age, to participate in the 401(k) Savings Plan.
Can Chemours employees change their contribution amounts to the 401(k) Savings Plan?
Yes, Chemours employees can change their contribution amounts to the 401(k) Savings Plan at any time through the benefits portal.
What investment options are available in the Chemours 401(k) Savings Plan?
The Chemours 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles tailored to different risk levels.
How often can Chemours employees review their 401(k) account statements?
Chemours employees can review their 401(k) account statements quarterly, and they can also access their account information online at any time.
What happens to Chemours employees' 401(k) savings if they leave the company?
If Chemours employees leave the company, they have several options for their 401(k) savings, including rolling over the balance to another retirement account or withdrawing the funds, subject to tax implications.
Is there a loan option available through the Chemours 401(k) Savings Plan?
Yes, Chemours employees may have the option to take a loan against their 401(k) savings, subject to the plan's rules and regulations.
How does Chemours support employees in managing their 401(k) investments?
Chemours provides resources such as financial education seminars, online tools, and access to financial advisors to help employees manage their 401(k) investments effectively.