Page 16 - Guide
P. 16
2017 BENEFITS ENROLLMENT
Term Life Insurance
Premiums for this plan are based
on your current age and are
calculated online for each All full time employees working 20 hours or more per week are
individual employee . Please eligible to purchase term life insurance. If you are between 18 and 60
login to fkgoil .choosemylo .com years of age, you are eligible to purchase 20-year term life insurance at
to view your coverage options
and determine your particular competitive group rates through Humana.
premium for the term life
insurance coverage option . Employees can purchase up to $100,000 without medical
questions
You can also elect 20-year term life insurance for your spouse
and/or dependent children
If your spouse is between 18 and 60 years of age, you can
purchase up to $50,000 for your spouse
You can purchase up to $25,000 for your children between 14
days and 24 years of age
Your individual premium rate will depend on your age and will be paid
on a post-tax basis.
You will be required to complete an evidence of insurability form if
you did not elect the term life coverage when you were irst eligible for
the plan. The form will be available through the ChooseMyLo portal
during your beneits open enrollment.
16 MOTOMART
Term Life Insurance
Premiums for this plan are based
on your current age and are
calculated online for each All full time employees working 20 hours or more per week are
individual employee . Please eligible to purchase term life insurance. If you are between 18 and 60
login to fkgoil .choosemylo .com years of age, you are eligible to purchase 20-year term life insurance at
to view your coverage options
and determine your particular competitive group rates through Humana.
premium for the term life
insurance coverage option . Employees can purchase up to $100,000 without medical
questions
You can also elect 20-year term life insurance for your spouse
and/or dependent children
If your spouse is between 18 and 60 years of age, you can
purchase up to $50,000 for your spouse
You can purchase up to $25,000 for your children between 14
days and 24 years of age
Your individual premium rate will depend on your age and will be paid
on a post-tax basis.
You will be required to complete an evidence of insurability form if
you did not elect the term life coverage when you were irst eligible for
the plan. The form will be available through the ChooseMyLo portal
during your beneits open enrollment.
16 MOTOMART
