Page 12 - 2018 CareHere Enrollment OOS
P. 12
2018 Benefits Enrollment
Life and Disability Insurance
Life and disability insurance is provided through Cigna.
Basic Life and Accidental Death and
Dismemberment (AD&D)
The company automatically provides you a beneit of $50,000, at no
cost to you, for life insurance and accidental death and dismemberment
insurance.
Employee Voluntary Life
You are eligible to purchase voluntary life insurance in increments of
$10,0000 up to the lesser of 5 times your annual salary or $500,000. You
may elect up to $200,000 without completing Evidence of Insurability
(EOI). At age 70, your coverage will reduce to 65% of the amount in
force. Once you turn 75, coverage will be reduced to 50% of the amount
If you elected coverage when in force prior to age 70.
initially available, each year at
annual enrollment, you may increase
your coverage amount by $10,000 Spouse and Dependent Voluntary Life
or $20,000 up to the guaranteed If you elect voluntary life coverage for yourself, you can also elect
issue amount of $200,000 without voluntary life coverage for your spouse in coverage increments of $5,000
answering any medical questions. If
you elected coverage for your spouse up to the lesser of $250,000 or 100% of the employee elected amount.
when he/she was initially eligible, you You may elect $35,000 of coverage for your spouse without completing
may increase your spouse’s coverage evidence of insurability At age 70, your spouse’s coverage will reduce to
amount by $5,000 or $10,000 up 65% of the amount in force. Once your spouse turns 75, coverage will be
to the guaranteed issue amount
of $35,000. Each year at annual reduced to 50% of the amount in force prior to age 70. Dependent child
enrollment, you may elect coverage life coverage is available in $2,000 increments up to $10,000 for children
for your dependent children without age 6 months to 26. You may purchase a lat $500 beneit for your
answering any medical questions. dependent children from birth to 6 months of age.
If you do not elect coverage for
yourself or your spouse when initially
eligible, you must complete evidence
of insurability and be approved for
coverage.
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Life and Disability Insurance
Life and disability insurance is provided through Cigna.
Basic Life and Accidental Death and
Dismemberment (AD&D)
The company automatically provides you a beneit of $50,000, at no
cost to you, for life insurance and accidental death and dismemberment
insurance.
Employee Voluntary Life
You are eligible to purchase voluntary life insurance in increments of
$10,0000 up to the lesser of 5 times your annual salary or $500,000. You
may elect up to $200,000 without completing Evidence of Insurability
(EOI). At age 70, your coverage will reduce to 65% of the amount in
force. Once you turn 75, coverage will be reduced to 50% of the amount
If you elected coverage when in force prior to age 70.
initially available, each year at
annual enrollment, you may increase
your coverage amount by $10,000 Spouse and Dependent Voluntary Life
or $20,000 up to the guaranteed If you elect voluntary life coverage for yourself, you can also elect
issue amount of $200,000 without voluntary life coverage for your spouse in coverage increments of $5,000
answering any medical questions. If
you elected coverage for your spouse up to the lesser of $250,000 or 100% of the employee elected amount.
when he/she was initially eligible, you You may elect $35,000 of coverage for your spouse without completing
may increase your spouse’s coverage evidence of insurability At age 70, your spouse’s coverage will reduce to
amount by $5,000 or $10,000 up 65% of the amount in force. Once your spouse turns 75, coverage will be
to the guaranteed issue amount
of $35,000. Each year at annual reduced to 50% of the amount in force prior to age 70. Dependent child
enrollment, you may elect coverage life coverage is available in $2,000 increments up to $10,000 for children
for your dependent children without age 6 months to 26. You may purchase a lat $500 beneit for your
answering any medical questions. dependent children from birth to 6 months of age.
If you do not elect coverage for
yourself or your spouse when initially
eligible, you must complete evidence
of insurability and be approved for
coverage.
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