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Supplemental Life Insurance
(Click here for rates.)
Supplemental
Life Insurance is issued in addition to the Guaranteed Issue Life Insurance.
| Coverage |
Supplemental
Life Insurance |
| Eligible
Participants |
Member, Spouse under age 65 &
Children 15 days to 19 years (23 if full time student) |
Member Death
Benefit
Choose From: |
$10,000 to $250,000
in increments of $10,000 |
Spouse Death
Benefit
Choose From: |
Same choices as Member |
| Child(ren)
Death Benefit |
15 days to 6 months old - $1,000
Over 6 months old - $5,000 |
| Medical
Underwriting |
Underwriting required |
| Coverage
Reductions |
Original amount is reduced 50% at
age 65
Coverage ends at 70 |
Your Choice
of Beneficiary
Choose anyone you wish to be
your beneficiary. The Member is automatically the beneficiary for child(ren)’s
coverage. You may change your beneficiary at any time by writing Benefit Choices who
markets this plan. Claim payments are made promptly upon proof of death or loss.
Your beneficiary may choose to receive the benefit at one time or in monthly installments.
Renewal and
Conversion Rights
You can not be singled out for cancellation.
You may continue your Supplemental Life coverage to age 70, assuming you pay your premiums
and the Group Policy remains in force.
When
your Supplemental Life Insurance coverage ends, you may convert your term policy for the
same amount of permanent life insurance other than term within 31 days after your coverage
ends.
The purpose of this
website is to provide a brief overview of the Guaranteed Issue Life Insurance,
Supplemental Life Insurance and Accidental Death and Dismemberment Insurance available
through the Benefit Program. This summary of benefits is subject to the terms,
conditions and limitations of Group Policy numbers G172,848, G172,849 and G172,850.
All coverage is underwritten by the United States Life Insurance Company. For a more
complete description, please contact Benefit Choices at (410) 666-9500 or email us.
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© 2003, Benefit Choices, Inc. |
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