Term Life Plan

Amount of benefit

Your employer selects the amount of term life coverage provided:

• a fixed amount of coverage: $5,000, $10,000, $15,000, $20,000, $25,000, or $50,000; or
• one times your effective salary (up to $50,000).

Enrollment

Your employer may choose to enroll you in the Term Life Plan if you are regularly scheduled to work at least 20 hours per week and are not enrolled in the Death and Disability Plan.

• If your employer provides this coverage, you will be automatically enrolled. The only action you need to take is to designate a beneficiary to receive death benefits.
• You do not have to provide a health statement (also known as evidence of insurability) to receive term life coverage.
• Coverage continues for as long as your employer provides it and ends when your employment ends or your employer stops providing the coverage.
• Term life coverage may not be converted to an individual policy and is not available during retirement.

Supplemental death benefits

If you are enrolled in the Term Life Plan, you may apply for supplemental death benefits, if offered by your employer, for additional protection against the unexpected loss of income if you die. Supplemental death benefits are available for you, your spouse, and/or your eligible children.

Cost/contribution

Cost of term life coverage is fully paid by your employer.