Life Insurance FAQ

Q: What is the benefit?
A: You automatically purchase the basic life insurance of $50,000.00 when you enroll in the medical plan. You must complete the life insurance information (ie – beneficiaries) at the time you enroll in the medical plan. You cannot purchase life insurance separately.

Q: Can I purchase additional (supplemental) life insurance?
A: On your life insurance form you are asked to check whether or not you would like the Basic Life or the Supplemental Life Insurance policy. The cost for supplemental life insurance is an additional $1.64 per week.

Q: Do I need to list a beneficiary?
A: It is required to list a primary beneficiary. However, only one primary beneficiary is required, the others are optional.

Q: How do I complete the Life Insurance Forms?
A: To complete the Life and Health Insurance Form (required for both plans):

• Complete the General information as part of the General Benefits Enrollment form (name, Social Security Number, Date of Birth, etc)
• Check the Box if you decline all health insurance coverage (this includes declining life insurance).
• Check the box for Basic Life ($50,000.00) or Supplemental Life (additional $50,000.00)
• Primary Beneficiary Name
• Primary Beneficiary Relationship
• Primary Beneficiary Date of Birth
• Contingent Beneficiary Name
• Contingent Beneficiary Relationship
• Contingent Beneficiary Date of Birth
• Employee Signature (part of the general enrollment form)
• Date (part of the general enrollment form)