2022 Annual Enrollment for Brown & Brown Teammates

Brown & Brown, Inc.

2022 Annual Enrollment Benefits Guide for Teammates

Enrollment Dates November 1-15, 2021 Benefits Effective January 1, 2022

Brown & Brown Total Well-Being means physical, mental, social and financial health.

You will start to see this new “Total Well-Being” cheetah on benefits materials and communications.

This logo was designed to help you quickly identify information related to your benefits and well-being plans from Brown & Brown and our plan providers.

Welcome to your 2022 benefits!

Annual Enrollment starts November 1st Annual Enrollment is your time to sign up for or renew your benefits. Your next opportunity to change, add, or drop benefits coverage will be during the 2023 annual enrollment period, unless you experience a qualifying life event.

Annual enrollment is your chance to: • Review, change, elect, or discontinue benefit

elections

• Add or remove dependent(s) from your plan • Choose contributions for your Healthcare

FSA and Dependent Care FSA Account

If you do not take action during this year's annual enrollment window, current elections will default by tier to the 2022 plans and rollover into the new plan year with the exception of Healthcare FSA and Dependent Care FSA.

e x p l o r i n g yo u r b e n e f i t s MEDICAL..........................................9 MENTAL HEALTH & WELL-BEING............10 DENTAL.....................................................12 VISION.......................................................13 FSA, DCFSA & COMMUTER.....................14

Interactive Benefits Journey This interactive guide allows you to quickly review all your benefit options. Click on a benefit to the right to learn more.

Extend your interactive benefits journey to our new video library on The Spot.

Here you will find educational videos to help you better understand your benefits.

DISABILITY..............................................16 LIFE & ACCIDENTAL DEATH....................17 PERSONAL ACCIDENT..............................19 GROUP ACCIDENT & CRITICAL ILLNESS.................................20 ID THEFT PROTECTION...........................21 ADDITIONAL BENEFITS...........................22 CONTACT INFORMATION.......................24

Updates

TABLE OF CONTENTS

What Is New & What Has Changed In 2022, we are incorporating industry-leading mental health benefits, increased access to care in-person and virtually, new programs for supporting your well-being and a comprehensive selection of benefits so you can create a personalized benefits package.

medical plans • Medical contributions remaining the same or are reduced.

• NEW $0 copay for mental health office visits (was $20).

• NEW Omada for Diabetes program. Available starting November 1, 2021.

• NEW 2nd.MD second opinion service (previously Best Doctors). $75 VISA gift card for initial consultation. Available starting January 1, 2022.

• NEW 2022 UnitedHealthcare (UHC) Medical ID cards will be issued.

• Brown & Brown will continue in 2022 to pay HSA maintenance administrator fees for active teammates with an Optum Bank HSA account.

d e n ta l p l a n • Deductible lowered for the High PPO plan to $50 for employee only, $150 for employee plus dependents.

• Annual maximum for High PPO plan increased to $2,000.

• 3.6% contribution increase for High PPO plan only.

• No change to rates or coverage for Low PPO plan.

short term & long term disabilit y • There will be a mid-year carrier partner change. Starting April 1, 2022, both Short Term and Long Term disability coverage will be offered through The Hartford (currently provided through Cigna until March 31, 2022).

• Effective January 1, 2022, Long Term Disability Buy-Up rate changing from $0.16 to $0.19 per $100 of covered monthly earnings per benefit per month.

m e d i c a r e a dvo c ac y • NEW benefit provided through Brown & Brown Eligibility Services.

• Teammates and/or family members eligible for Medicare often have questions on Medicare, Medigap, Medicare Advantage or Medicare Prescription Drug coverage. Brown & Brown Eligibility Services is the Medicare-focused arm of Brown & Brown Absence Services Group. Brown & Brown Eligibility Services can provide valuable education to assist with answering Medicare questions at no cost. To learn more about Medicare or Medicare related products and services, contact Brown & Brown Eligibility Services at 1-833-830-2386.

4

5

Checklist

TABLE OF CONTENTS

Prepare • Complete the Mandatory BBU Course: Complete the new informative, mandatory Annual Enrollment course in BBU. Be sure to sit down with your family and review the course so you can make the best decision for your family!

Trouble accessing BBU? Email bbu@bbins.com.

• Assess Your Options: Teammates can find additional information and benefits details on The Spot, Brown & Brown’s Intranet, at inet.bbins.com.

• Review Your Current Benefits & Personal Profile Details: Review your information in my.adp.com. Google Chrome is the preferred browser.

• Explore Your Options: Explore all benefit options available to you and your eligible dependents.

Need Printed Materials? All posted information is available in printed form upon request. Contact the Team Resources-Benefits Department at 1-866-505-0991 or email benefits@bbins.com. Representatives are available Monday – Friday 8:00 a.m. to 6:00 p.m. ET.

Enroll Annual Enrollment begins November 1 and ends November 15, 2021 at 11:59 PM ET. This is your time to enroll in your benefits! Make your 2022 benefit elections in ADP – ALL teammates must complete this process.

• Go to The Spot to access ADP or go directly to my.adp.com starting November 1st Google Chrome is the preferred browser.

Trouble accessing ADP? Email BBVantageIS@bbins.com.

Trouble accessing The Spot? Email it@bbins.com.

Selecting commuter benefits? Visit healthequity.com/wageworks to make your elections.

If you do not take action during this year's annual enrollment window, current elections will default by tier to the 2022 plans and rollover into the new plan year with the exception of healthcare FSA and dependent care FSA. Important Note: Actively At Work provision applies for first time enrollees. Refer to the Summary Plan Descriptions and/or Certificates posted on The Spot for details of each plan’s benefit definitions, coverages, terms, conditions, restrictions and exclusions.

6

Confirm

By November 15, 2021 • Complete & Submit Your Enrollment Selections: Review, confirm and submit your 2022 enrollment by November 15, 2021 at 11:59 PM ET. Wait for a green check mark and confirmation number before you exit the ADP screen.

• Print and save your Election Confirmation Statement: Save your election confirmation statement for your records as proof of enrollment.

• Double Check: Check your election confirmation statement for accuracy against your understanding of the benefits you have enrolled in.

• Your first paycheck in January 2022 will reflect your benefits and deduction amounts. Verify they are correct and contact the Brown & Brown Team Resources Center at 1-866-505-0991 or email benefits@bbins.com if there are discrepancies.

Watch

January 1, 2022

• New UnitedHealthcare (UHC) medical/Rx ID cards will be issued to all teammates enrolled in the Brown & Brown, Inc. Health and Welfare Benefits Plan.

• New HealthEquity FSA debit cards will be issued for new enrollees.

• ID Cards are not issued for dental coverage through MetLife.

Coverage is validated at time of service.

• ID Cards are not issued for vision coverage through VSP. Coverage is validated at time of service.

ID cards can also be accessed digitally through Brown & Brown's MyBenefitsApp.

You and your family can visit Brown & Brown’s MyBenefitsApp to view benefit options and digital ID cards on bbinsurance.mybenefitsapp.com.

Information for New Hires Newly hired teammates with benefits beginning December 1, 2021 should have their 2021 benefits elected and confirmed prior to the start of annual enrollment.

Teammates will need to re-enroll for benefits effective January 1, 2022 during the annual enrollment period.

7

The Basics

TABLE OF CONTENTS

Understanding the Basics What is a Copay? A copay is a fixed, flat dollar amount that you pay for eligible innetwork health care services. Copays do not count toward your deductible, but copays do count towards your annual out-of-pocket maximum.

What is Coinsurance? Your coinsurance is a percentage of cost you pay on covered health services after a deductible limit has been met for the calendar year.

Coinsurance typically applies anywhere a deductible applies.

What is Out-of-Pocket Maximum? An out-of-pocket maximum is the sum of your copayments, deductibles and coinsurance expenses paid throughout a given plan.

Think of this as an ultimate layer of protection for anyone who is facing catastrophic claim needs.

What is a Deductible? A deductible is the amount you pay for eligible health care services before your insurance starts to pay; it often doesn't apply when you pay a copay.

n e e d p l a n d e ta i l s ?

All posted information is available on The Spot and in printed form upon request including Summary of Benefits & Coverage, Summary Plan Descriptions and Regulatory Notices from the Brown & Brown Team Resources Center.

Finding A Network Provider medical provider

dentist

vision provider

Step 1: Sign-in to your myuhc.com account OR select “Find a Doctor” shown in the middle of the UHC home page.

Step 1: Visit MetLife’s web page at metlife.com > Click on “Find a Dentist.”

Step 1: Visit VSP’s web page at vsp.com > Click on “Find A Doctor.”

Step 2: Select “PDP Plus” as the network > Enter in the search criteria and wait for the results.

Step 2: Create an Account or Log In to your established account. Select the search option (i.e., Location; Office; Doctor) and enter in the requested information; click Search.

Step 2: Look at care options under “Choice Plus,” or “Choice Plus with Harvard Pilgrim” for teammates in Maine, Massachusetts and New Hampshire.

For specific benefit questions, contact UnitedHealthcare at 1-844-298-8929. The Group Number is 909131.

8

For specific dental questions, contact MetLife at 1-855638-3943. The Group Number is 316235.

For specific vision questions, contact VSP at 1-800-8777195 and identify yourself as a Brown & Brown, Inc. employee. The Group Number is 30086006.

Medical

Brown & Brown is pleased to extend our carrier partnership with UnitedHealthcare (UHC). We will continue our Choice Plus PPO Plan with a few plan changes and additions. Most importantly, the contribution rates will remain the same for employee only coverage and will decrease by 5% for those with dependents on the plan. The Choice Plus Copay Plan prioritizes access to care and is positioned to better support your physical health, mental health and well-being.

Important Note About ID Card Distribution New ID cards will be provided for the 2022 plan year. Medical and Rx are combined on one UHC ID card and will be mailed directly to your home address on file by UHC. ID card information can also be accessed digitally through the Brown & Brown MyBenefitsApp.

Choice Plus Copay Plan UnitedHealthcare (UHC)-National Choice Plus and Choice Plus with Harvard Pilgrim Networks Employee Only

Employee + Child(ren)

Employee + Spouse

$45.50

$187.75

$237.16 $306.33

per pay period

per pay period

per pay period

Employee + Family per pay period

The rates above show twice per month (24) payroll deductions. Calculate the monthly employee rate (12) by multiplying the cost above by two (2).

i n - n e t w o r k b e n e f i t s at a g l a n c e Choice Plus Copay Plan Deductible Max. Out-of-Pocket Coinsurance % Primary Physician Specialist Mental Health

$500 Single / $1,500 Family $8,000 Single / $16,000 Family 80% Plan / 20% EE $20 copay $40 copay $0 copay (office visit)

Urgent Care

$40 copay

Virtual Visits*

$0 copay

Preventive Care

No-cost, 100% covered

Emergency Room

EE pays 20% after deductible

Outpatient

EE pays 20% after deductible

Inpatient

EE pays 20% after deductible

Pharmacy (Rx) Tier 1 Preventive Rx

$0

Tier 1 Non-Preventive Rx

$5

Tier 2 Formulary Rx

$40

Tier 3 Non-Formulary Rx Tier 4 Specialty Rx

$80 $200

Important to note: Only drugs that are on Tier 1 within the Preventive Core Drug Rx list will process at a $0 copay. If a medication on the Traditional PDL List falls on Tiers 2, 3 or 4, then it will take the Tier 2/3/4 copay.

The tier that each medication falls on is listed in the Traditional PDL. In addition, medications listed on the Specialty Drug List by therapeutic class will be paid at Tier 4. Mail order (90 day supply) at 3x.

In the chart above, "employee" is abbreviated to "EE". *UnitedHealthcare designated virtual visit providers include Doctor on Demand, Teladoc and American Well.

9

Mental Health & Well-Being Benefits

Additional

TABLE OF CONTENTS

Brown & Brown Employee Assistance Program The EAP is available to all teammates and their immediate family members, regardless of medical plan enrollment, through GuidanceResources® by ComPsych for no cost.

The EAP provides confidential services for life, work and family concerns and assists in locating referrals to local providers. Consultations with an EAP provider are included within the limits of the program, but some charges may apply for services.

Call GuidanceResources® at 1-844-206-1068 for additional information.

Medical plan enrollment not required.

Teammates enrolled in the Choice Plus Copay 2022 medical plan have access to expanded no-cost mental health and well-being resources.

Doctor On Demand Doctor On Demand offers live, secure, HIPAA-compliant virtual visits (on-demand or scheduled) with licensed providers and is available to teammates enrolled in the UHC medical plan at no-cost. Eligible plan members can download the mobile app or access the service from any computer with a front-facing camera.

Visit doctorondemand.com to get started.

Talkspace: Text a Therapist Talkspace is a digital platform offered to Brown & Brown teammates on the UHC medical plan that provides interaction with an in-network behavioral health provider via text, audio/video messaging, or live session ($0 copay).

See more information in the Mental Health Resource Guide for how to get started.

Sanvello: Mindfulness & Relaxation App Sanvello is a top rated self-help app based on Cognitive Behavioral Therapy (CBT) and mindfulness meditation that provides recommendations for activities designed to be effective in the moment. Premium content is offered to Brown & Brown teammates on the UHC medical plan.

See more information in the Mental Health Resource Guide for how to get started.

Substance Use Treatment Helpline Teammates and their families on the UHC medical plan have access to a substance use recovery advocate. Advocates provide judgment-free support.

Call the UHC Substance Use Treatment Helpline at 1-855-780-5955, any time (24/7).

Advocate4Me Advocate4Me is designed to help teammates navigate the healthcare system by matching them with expert advocates to guide them when they have questions.

Call 1-844-298-8929 to be connected with an advocate.

10

Live & Work Well Platform Licensed therapists or psychiatrists are available via the Live & Work Well Platform for a $0 copay. The Live & Work Well platform, available through UnitedHealthcare, provides resources for caregiving, wellness, suicide prevention, physical health, abuse, addiction, parenting and more. Schedule a mental health visit with an in-network UHC provider online.

Visit liveandworkwell.com. Guest Access Code: BrownB

2nd.MD Starting January 1, 2022, Brown & Brown teammates and their family members enrolled in the UHC medical plan will have access to 2nd.MD, a virtual expert medical consultation and navigation service. With 2nd.MD you can connect with boardcertified, elite specialists about your diagnosis or treatment plan all within a matter of days at no cost to you! Get expert advice when you or an eligible family member has questions about a new or existing diagnosis, treatment plan, possible surgery, your medications, or a chronic condition.

To activate your account and request a consult, visit 2nd.md/bbinsurance or call 1-866-269-3534. Download 2nd.MD from your phone’s app store (Apple and Google Play).

Omada for Diabetes Introducing Omada for Diabetes, a personalized program that surrounds you with the tools and support you need to reach your health goals. With Omada for Diabetes, you will: • Receive a scale, glucose meter and strips to give you the right tools.

• Be paired with a Certified Diabetes Care and Education Specialist (CDCES) that is skilled in diabetes management and support.

• Have access to medication management support. Coaches address challenges to taking medications and support your care plan.

• Have access to an online community tailored to your interests.

If you or your adult family members are living with diabetes and are enrolled in Brown & Brown’s UHC medical plan, Omada for Diabetes is free to you.

Available starting November 1, 2021. Visit omadahealth.com/bbins to get started.

Omada for Prevention Omada for Prevention helps you be healthier — all at no cost to you. With Omada for Prevention, you will: • Receive a wireless smart scale and any necessary connected devices, delivered to your door.

• Be paired with a dedicated health coach & care team.

• Have access to interactive weekly lessons.

• See long term results through changes to habits and behavior.

If you or your adult family members are at risk for type 2 diabetes or heart disease and are enrolled in Brown & Brown’s UHC medical plan, Omada for Prevention is free to you.

Visit omadahealth.com/bbins to get started.

11

Dental

TABLE OF CONTENTS

Brown & Brown teammates can choose between two (2) MetLife dental plan options: a High or Low PPO. PDP Plus is the provider network for both. Members have access to in and out-of-network benefits. Low Plan coverage is subject to usual and customary billing practices and typically result in greater-out-of-pocket costs and provider balance billing.

Important Note About ID Card Distribution Dental coverage through MetLife is validated at time of service. Physical ID cards are not issued; however, ID cards can be accessed digitally through Brown & Brown’s MyBenefitsApp.

High Plan

Low Plan*

Employee Only

Employee Only

MetLife-PDP Plus Network

$22.54 per pay period

MetLife-PDP Plus Network

Employee + Child(ren)

$50.64

Employee + Child(ren)

$12.01

per pay period

$27.14

per pay period

per pay period

Employee + Spouse

Employee + Family

Employee + Spouse

Employee + Family

per pay period

per pay period

per pay period

per pay period

$45.43

$72.50

$24.33

$38.91

The rates above show twice per month (24) payroll deductions. Calculate the monthly employee rate (12) by multiplying the cost above by two (2).

i n - n e t w o r k b e n e f i t s at a g l a n c e Coverage Type

High Plan

Low Plan*

Annual Deductible

$50 Single / $150 Family

$100 Single / $300 Family

Type A: Preventive

100%; no deductible

100%; no deductible

Type B: Basic Restorative

90% after deductible

80% after deductible

Type C: Major Restorative

60% after deductible

50% after deductible

Type D: Orthodontia (Child)

50%

50%

Type D: Orthodontia (Adult)

50%

Not Covered

Annual Maximum (per person)

$2,000 per calendar year

$1,250 per calendar year

Orthodontia Lifetime (per person)

$1,000 lifetime maximum

$1,000 lifetime maximum

*Important Note on Low Plan: The Low Plan is designed to be used as an in-network plan only. Out-of-network benefits are available; however, the reimbursement schedule is limited to the in-network provider negotiated fee resulting in balance billing, deductible for preventive service and higher costs to the participant. It is also important to point out that the calendar year deductible is not waived for out-of-network preventive services. If you anticipate out-of-network services will be needed, please consider enrolling in the High Plan.

The Summary Plan Description posted on The Spot will provide benefit details.

12

Vision

The 2022 vision plan through VSP allows you and your family members the freedom to visit any in-network or out-of-network doctor. However, when an in-network doctor is used, you will typically have lower out-of-pocket costs.

Important Note About ID Card Distribution Vision coverage through VSP is validated at time of service. Physical ID cards are not issued; however, ID cards can be accessed digitally through Brown & Brown’s MyBenefitsApp.

Vision Plan VSP-Signature Network Employee Only

Employee + Child(ren)

Employee + Spouse

Employee + Family

$4.63

$8.10

$7.95

$12.85

per pay period

per pay period

per pay period

per pay period

The rates above show twice per month (24) payroll deductions. Calculate the monthly employee rate (12) by multiplying the cost above by two (2).

i n - n e t w o r k b e n e f i t s at a g l a n c e Vision VSP Plan Copayment

Exam $10 / Materials $25

Eye Exams (every calendar year)

100% after copay

Standard Lenses (every calendar year)

100% after copay

Contact Lenses (necessary every calendar year)

100% after copay

Contact Lenses (elective every calendar year)

Up to $120 allowance

Frames (every other calendar year)

$120 retail allowance

The Summary Plan Description posted on The Spot will provide benefit details.

13

& Commuter Benefits

FSA & DCFSA

Brown & Brown provides you with the opportunity to pay for eligible un-reimbursed medical, dental, vision and dependent care expenses on a pre-tax basis.

Administrative services and claim reimbursements for Healthcare FSA (FSA) and Dependent Care FSA (DCFSA) are provided by HealthEquity/WageWorks.

•

Debit cards for dependent care elections are not issued by HealthEquity/ WageWorks. Expenses for reimbursement can be submitted through the member portal on the HealthEquity website, completion of a DCFSA reimbursement form or through the HealthEquity mobile app. Recurring DCFSA claims can be scheduled for the duration of the Plan Year. Reimbursements will be made through direct deposit to an account specified by you.

•

The Flex Plan Year is January through December. Eligible expenses must be incurred by December 31st to be qualified for reimbursement in the current Plan Year. The Healthcare FSA does include a carryover provision and the DCFSA includes a 2.5 month grace period. Eligible expenses incurred during the Flex Plan Year must be submitted by the following March 31st. It is important to choose your annual amount(s) carefully to avoid any unused funds at the close of the Plan Year.

•

Healthcare FSA can be reimbursed up to the total amount you have elected to deposit for the year. If termination of the Healthcare FSA occurs prior to the end of the Plan Year, you are only eligible for reimbursement of expenses which were incurred while you are a participant in the Plan unless (if applicable) COBRA continuation is elected.

•

Dependent Care can be reimbursed up to the total amount you have deposited.

If termination of the DCFSA occurs prior to the end of the Plan Year, you can continue to request eligible reimbursements until the earlier of the date your balance is exhausted or the end of the Plan Year.

•

New elections are required for your Healthcare FSA and/or DCFSA. If you do not make new elections for 2022, your participation in these accounts will end.

Elections do not roll-over from year to year.

commuter benefits •

14

New York teammates should make elections for the Long Island Railroad and Metro North Railroad prior to 12/4/21 to be effective 1/1/22. All other elections and/or changes must be made by 12/10/21 for an effective 1/1/22 date.

b e n e f i t s at a g l a n c e : h e a lt h c a r e f s a & d e p e n d e n t c a r e f s a Description

Healthcare FSA

Elections

Qualified Expenses

Annual Contributions You cannot change your elections unless you have a qualified life event Carryover Grace Period

Dependent Care FSA

Available with any plan elections or alone

Medical, prescription drugs, dental, vision and hearing

Dependent care facility fees before and after school; local day camp, nursery school for eligible dependents under age 13 (or tax-eligible dependents who can’t care for themselves) and adult daycare.

Medical (healthcare) expenses for dependent(s) are not eligible for reimbursement under the DCFSA.

$100/min; $2,750/max through pre-tax payroll deductions

$5,000 per year; $2,500 if tax filing as single through pre-tax payroll deductions

Yes: $5501

No

No

Yes2

1 Current plan participants with funds remaining in your FSA as of 12/31/21, will have up to $550 of those unused funds to carry over and can be used for eligible expenses incurred in 2022. Any unused funds over and above $550 will be forfeited. For example, if you contributed $2,750 to the FSA in 2021 and only incurred eligible expenses totaling $2,000, $550 would carry over into 2022 but the remaining $200 of unused funds would be forfeited.

Current plan participants with funds remaining in your dependent care account as of 12/31/21, will have a 2.5 month grace period, January 1 – March 15, to allow for additional time to spend those dollars. You will have until March 15, 2022 to incur eligible dependent care expenses and use money left over from 2021 to pay them. The last day to submit claims is March 31, 2022. Any unused funds would be forfeited after the grace period ends.

2

Note: Employees are required to follow all tax laws and are encouraged to consult with your tax professional with questions or if assistance is needed with FSA enrollment.

b e n e f i t s at a g l a n c e : c o m m u t e r b e n e f i t s Administrative services for commuter benefits are provided by WageWorks and are elected separately on a monthly basis directly through the HealthEquity/WageWorks website.

Description Elections Qualified Expenses Annual Contributions Portability

(year-end balance roll-over)

Commuter Transit

Commuter Parking

Available with any plan elections or alone Public Transportation (bus, train, ferry, subway); Parking expense for parking at or near your job Commuter Highway Vehicles (vanpools) for or location from which you commute to work commuting to work $270 per month through pre-tax payroll deductions Yes

Teammates in New York should make elections for the Long Island Railroad and Metro North Railroad prior to 12/4/21 to be effective 1/1/22.

All other elections and/or changes must be made by 12/10/21 for an effective 1/1/22 date.

15

Disability

TABLE OF CONTENTS

There will be a mid-year carrier partner change for Short Term (STD) & Long Term Disability (LTD). Staring April 1, 2022, both STD and LTD coverage will be offered through The Hartford (currently provided through Cigna until March 31, 2022).

Short Term Disability

Cigna (through March 2022) | The Hartford (active April 2022) Employee Cost

$0.00

Maximum Benefit Period

90 calendar days

Brown & Brown offers a short term disability (STD) income replacement, which is selffunded by Brown & Brown at no cost to teammates. This benefit provides valuable income replacement for you in the event you have a non-occupational injury or illness which prevents you from working your regular work schedule.

• Eligible teammates are automatically enrolled in this benefit. Additional elections for Short Term Disability are not required during Annual Enrollment.

• Income replacement will be determined using current earnings.

• Benefits begin after completion of a qualifying period.

• Benefits will be coordinated with state disability plans where applicable.

• Disability Period and Maximum Benefit Period: The disability period will begin with the first date the Employee is away from work due to the disabling condition and may continue for a maximum benefit period of 90 calendar days subject to clinical approval by the Clinical Advisor.

Long Term Disability

Cigna (through March 2022) | The Hartford (active April 2022) Employee Cost

Buy-Up Benefit

Core Benefit

increased rates from 2021

$0.00

$0.19 per $100

Brown & Brown offers long term disability (LTD) income replacement insurance. This benefit is designed to replace a portion of your income when you cannot work on a full-time basis because of a non-occupational injury or illness. No medical information required if long-term disability is elected during your initial enrollment period. If you do not elect coverage for yourself during your initial enrollment period, you may enroll during annual enrollment.

Pre-existing limitations apply.

• Company Paid Core LTD Benefit: 50% of covered earnings, up to $5,000 per month maximum benefit. No cost to teammates.

• LTD Buy-Up: 60% of covered earnings, up to $15,000 per month maximum benefit. Monthly cost to teammates is $0.19 per $100 of covered monthly earnings (previously $0.16).

• All options include a 90-day qualifying period and actively at work provision.

16

Life & AD&D

Basic Term Life Insurance Lincoln Financial Group

Employee Cost

Core Benefit

$0.00

$50,000

Brown & Brown offers all eligible teammates group term life insurance through Lincoln Financial Group. If group term life is elected during your initial enrollment period, no medical information is required.

• $50,000 basic life insurance at no cost to teammates.

• Additional 2x earnings in excess of $50,000 is offered at 50% cost share up to a maximum benefit of $500,000.

• Guarantee Issue at hire to a maximum of $500,000.

• Coverage is reduced by 35% at age 70 and an additional 20% at age 75.

• Includes an Accidental Death & Dismemberment benefit which provides additional benefits.

• Coverage can be converted in the event of termination from employment.

17

Life & AD&D

TABLE OF CONTENTS

Voluntary Term Life Lincoln Financial Group

Voluntary Term Life (VTL) and AD&D is insured by Lincoln Financial Group. If you elect coverage for yourself, you then may also elect coverage for your spouse and/or dependent children. You cannot be covered more than once under the Plan.

For example, you cannot be covered as a dependent if you are an employee and enroll for employee VTL. No medical information is required if benefit is elected during your initial enrollment period. If you do not elect coverage for yourself or your dependents during your initial enrollment period, you may enroll during Annual Enrollment; however, Evidence of Insurability (EOI) may be required and processed through underwriting.

• Available in 1 to 8 times your annual salary to a maximum of the lesser of 8 times salary or $1M. • Premium is based on age and smoking status.

• Benefit is based on annual earnings. Refer to the Summary Plan Description for details.

• Guaranteed Issue at hire to a maximum of $1M. • Coverage is reduced by 35% at age 70 and an additional 20% at age 75.

• Coverage can be converted or may be ported in the event of termination from employment.

s p o u s a l c ov e r a g e • Available only if employee elects voluntary term life insurance (this coverage operates independently of Group Term Life).

• Premium is based on spouse’s age & smoking status.

• May purchase up to 50% of employee coverage, up to a maximum of $50,000 in $10,000 increments.

• Guarantee Issue is up to $50,000 if elected during initial enrollment.

• Coverage is reduced by 35% at spouse age 70 and an additional 20% at spouse age 75.

c h i l d (r e n ) c ov e r a g e • Available only if employee elects voluntary term life insurance (this coverage operates independently of Group Term Life).

• $20,000 life only (AD&D coverage does not apply) benefit level per child; birth to age 26.

18

Personal Accident

Accident

Accidental Death and Dismemberment (AD&D) insurance through Cigna can help you pay expenses if you, your covered spouse, or children are seriously injured or killed in a covered accident, such as loss of a limb, paralysis, brain damage and more. Your cost will depend on the option and benefit amount you select. Find rate information on The Spot. Rates will also be shown when enrolling in ADP.

Personal Accident & AD&D Cigna

Employee Only

Select from $25,000 to $1,500,000 of coverage in units of $25,000. Maximum coverage cannot be more than 8 times your annual salary.

Employee + Child(ren)

Each covered child’s benefit will be equal to 25% of employee’s benefit amount. The benefit amount per child cannot exceed $100,000.

Employee + Spouse

Spouse’s benefit amount will be 60% of employee’s and cannot exceed $600,000.

Employee + Family

Spouse’s benefit will be 50% of employee’s, not to exceed $600,000. Each covered child’s benefit will be equal to 20% of employee’s benefit amount; not to exceed $100,000 per child.

The premium is the same regardless of the number of children covered.

Coverage can be elected to cover a lawful spouse until the end of the year the spouse turns 99 and any unmarried dependent child(ren) from live birth until the end of the calendar year in which the child reaches age 26. No one may be covered more than once under this Plan. If covered as an employee, you cannot be covered as a dependent.

19

Accident

Group Accident & Critical Illness

TABLE OF CONTENTS

Group Accident and Critical Illness Insurance plans are an additional layer of financial protection from unexpected life events when used in conjunction with a major-medical health insurance plan.

Group Accident Aflac

Employee Only

Employee + Child(ren)

Employee + Spouse

Employee + Family

$2.57

$5.03

$4.18

$6.64

per pay period

per pay period

per pay period

per pay period

The rates above show twice per month (24) payroll deductions. Calculate the monthly employee rate (12) by multiplying the cost above by two (2).

Group Accident Insurance coverage pays cash benefits to help with the costs associated with out-of-pocket expenses and bills—expenses major medical may not take care of, including: • Ambulance rides.

• Wheelchairs, crutches and other medical appliances.

• Emergency room visits.

• Surgery and anesthesia.

• Bandages, stitches and casts.

Group Critical Illness Aflac

Group Critical Illness coverage is intended to help with the treatment cost of lifechanging illnesses and health events, so you can stay focused on recuperation.

Recent advances in medicine can allow patients who suffer from a critical illness to live longer and thus increasing the concern about paying for treatments or expenses. With the Group Critical Illness plan, you receive cash benefits directly from Aflac giving you the flexibility to pay bills related to treatment or to help with everyday living expenses. Group Critical Illness rate card available on The Spot.

20

Protection

Identity Theft

ID Watchdog theft protection services is available to eligible Brown & Brown teammates and provides an affordable way to help protect and monitor the identities of you and your family. You’ll be alerted to potentially suspicious activity through the support of dedicated resolution specialists.

ID theft services include: • Credit report and dark web monitoring • Credit score tracking and financial accounts monitoring • Up to $1M identity theft insurance and more!

ID Watchdog is everywhere you can’t be to help you better protect your identity.

Find more details on The Spot or call ID Watchdog at 1-866-513-1518 for further information.

Theft Protection ID Watchdog

Employee Only

Employee + Spouse/Family

$3.75

$7.00

per pay period

per pay period

The rates above show twice per month (24) payroll deductions. Calculate the monthly employee rate (12) by multiplying the cost above by two (2).

21

Benefits Beyond Annual Enrollment

Additional

TABLE OF CONTENTS

Brown & Brown Employee Assistance Program The EAP is available to all teammates and their immediate family members, regardless of medical plan enrollment, through GuidanceResources® by ComPsych for no cost. The EAP provides confidential services for life, work and family concerns and assists in locating referrals to local providers. Consultations with an EAP provider are included within the limits of the program, but some charges may apply for services.

Call GuidanceResources® at 1-844-206-1068 for additional information.

Medical plan enrollment not required.

Education Assistance Program The Education Assistance Program is an investment in our teammate's future career growth and development. Our culture strongly values driven teammates who work hard for our Company and who also want to further their education.

Eligible teammates have an opportunity to utilize available funding for Tuition Reimbursement, Student Loan Repayment Assistance and the National Merit Brown & Brown Scholarship competition.

Additional information is available on The Spot.

Medicare Advocacy Teammates and/or family members eligible for Medicare often have questions on Medicare, Medigap, Medicare Advantage or Medicare Prescription Drug coverage.

Brown & Brown Eligibility Services is the Medicare-focused arm of Brown & Brown Absence Services Group. Brown & Brown Eligibility Services can provide valuable education to assist with answering Medicare questions at no cost.

To learn more about Medicare or Medicare related products and services, visit The Spot or contact Brown & Brown Eligibility Services at 1-833-830-2386.

Home, Auto and Pet Insurance Through the Brown & Brown Teammate $avings Center platform, you can find discounts and preferred pricing on auto, home and pet insurance.

Visit the Teammate $avings Center for more information.

KinderCare Tuition Savings Brown & Brown partnered with KinderCare Education to provide a 10% savings on tuition at KinderCare Learning Centers and Champions school programs. As a result, most Brown & Brown families could save $1,500 per year or more!

Visit the Teammate $avings Center for more information.

Teammate Discounts Find additional discounts on The Spot under Working Here > Teammate Discounts.

22

Employee Stock Purchase Plan (ESPP) The ESPP presents the opportunity for teammates to purchase shares of Brown & Brown, Inc. common stock at a 15% discount through payroll deduction.

The ESPP plan year runs from August 1 to the following July 31 and open enrollment is held each year during the month of July. You may reduce your deduction one time during the plan year, or discontinue deductions at any time, but you will not be allowed re-entry until the next plan year. This benefit is offered through E*Trade.

Additional information is available on The Spot.

401(k) Employee Savings Plan You may choose to make pre-tax or after-tax contributions through a Roth 401(k) election up to the annual IRS maximum limit. Deferrals may be a percentage of your earnings and, for employees paid bi-weekly, deductions are taken on all 26 pay periods that you participate. You may stop or change your contribution at any time and may change your investment direction or reallocate funds at any time. Brown & Brown will make Safe Harbor Employer Matching Contributions to your account if you are participating in the Plan. Brown & Brown will match 100% of the first 3% of your eligible pay and 50% of the next 2% of your eligible pay that you contribute to the Plan. If you contribute less than 5%, you are not taking full advantage of the matching contribution. This benefit is offered through Schwab Retirement Plan Services, Inc. Additional information is available on The Spot.

Financial Wellness Programs Whether you are at the beginning of your career, nearing retirement, or anywhere in between, a financial wellness program can provide the tools, resources and guidance to help achieve your financial goals. Brown & Brown is proud to offer two financial wellness programs at no cost to teammates.

m o r g a n s ta n l e y (Available November 1, 2021) The Morgan Stanley financial wellness program will provide you with access to educational tools, resources and professionals. Please log into the financial wellness digital portal to measure and improve your financial well-being by exploring a range of topics recommended based on your individual needs.

Additional information is available on The Spot.

c h a r l e s s c h wa b (Available Now) Schwab Retirement Plan Services recently launched an interactive, online dashboard designed to help retirement plan participants save and invest. An active Schwab Retirement Plan Services account is required to access the Financial Wellness tools and resources.

Additional information is available on The Spot.

23

Contacts

Carrier & Contact Information

TABLE OF CONTENTS

Have trouble or need assistance? Find important contact and group information below.

Medical

Life Insurance

UHC National Choice Plus and Choice Plus Harvard Pilgrim Networks Group Number: 909131 1-844-298-8929 myuhc.com

GTL Group Number: 400121021 VTL Group Number: 10121019 Contact Brown & Brown Team Resources Center at 1-866-505-0991 or benefits@bbins.com

Medicare Advocacy

Personal Accident Insurance

UnitedHealthcare

Brown & Brown Eligibility Services 1-833-830-2386

Dental MetLife

PDP Plus Network Group Number: 316235 1-855-638-3943 metlife.com

Vision

VSP

Signature Network Group Number: 30086006 1-800-877-7195 vsp.com

Long Term Disability Group Number: LK980281 Contact Brown & Brown Team Resources Center at 1-866-505-0991 or benefits@bbins.com

24

Group & Voluntary Term Life

Group Number: OK-809523 Contact Brown & Brown Team Resources Center at 1-866-505-0991 or benefits@bbins.com

Accident & Critical Illness Aflac Group Insurance

Group Number: 21343 1-800-433-3036 aflacgroupinsurance.com

Flexible Spending Account HealthEquity/WageWorks

Healthcare FSA & DCFSA Group Number: 40136 1-877-924-3967 healthequity.com/wageworks

Commuter Benefits

HealthEquity/WageWorks

Group Number: 40136 1-877-924-3967 healthequity.com/wageworks

ID Theft Protection

ID Watchdog

Group Number: CUS-80606 1-866-513-1518 idwatchdog.com

Employee Assistance Program GuidanceResources®

1-844-206-1068 guidanceresources.com (WebID: BBEAP)

Employee Stock Purchase Plan E*Trade

1-800-838-0908 etrade.com

401(k) Employee Savings Plan Charles Schwab

1-800-724-7526 workplace.schwab.com

Financial Wellness Program

Charles Schwab

1-800-724-7526 workplace.schwab.com Morgan Stanley 1-866-324-6087 login.morganstanleyclientserv.com

Download the MyBenefitsApp Stay informed and know what is covered by visiting bbinsurance.mybenefitsapp.com.

Scan the QR code on the right to access Brown & Brown’s MyBenefitsApp. To use the QR code, focus your iPhone or Android camera on the QR code.

All posted information is available in printed form upon request including Summary of Benefits & Coverage, Summary Plan Descriptions and Regulatory Notices from the Brown & Brown Team Resources Center.

DISCLAIMER: The information provided by Brown & Brown and/or its affiliates (“Company”) in this Guidebook is advisory.

Separate plan documents explain each benefit in more detail, and the various benefits are controlled by the language of the plan documents. Benefits may be modified, added, or terminated at any time, at the Company's discretion, or by the insurance company. This information is provided for general information purposes only and should not be considered legal, tax, accounting or other professional advice or opinion on any specific facts or circumstances. Readers are urged to consult their legal counsel, tax or other professional advisor concerning any legal, tax or related questions that may arise. Any tax information contained in this communication (including any attachments) is not intended to be used, and cannot be used, for purposes of (i) avoiding penalties imposed under the U. S. Internal Revenue Code or (ii) promoting, marketing or recommending to another person any tax-related matter. The Company assumes no liability whatsoever in connection with the use of such information or documents.

Need More Help?

Contact the Brown & Brown Team Resources Center at 1-866-505-0991 or benefits@bbins.com with benefits questions (Monday – Friday 8:00 a.m. to 6:00 p.m. ET).

25