Basic Employee Life Insurance
We provide you with $15,000 of term life insurance at no charge. If eligible, you have the option to purchase additional protection for your, your eligible spouse, and dependent child(ren) up to age 26.
Basic Dependent Life Insurance
Eligible dependents may be added to your Basic Life policy for $0.90 per month. Coverage amounts: Spouse, $2,000; Dependent Children up to age 26 years, $1000.
Supplemental Life Insurance
You have the opportunity to enroll in additional term life insurance in increments of $10,000 for you, your spouse, and eligible dependent child(ren).
You are able to enroll in up to, the lesser of 3 times your salary or $200,000, without any medical questions. You will be required to obtain approval above these amounts before coverages are enforceable.
If you forgo coverage during initial or Open Enrollment and want to increase coverages at a later date, you may be asked to obtain approval through answering a health questionnaire.
A review of your Life Insurance is enouraged each year at Open Enrollment.