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If you already have supplemental life insurance through
the PEBB Program
If you or your
spouse/state-registered domestic partner currently have PEBB
supplemental life insurance (formerly Part B Supplemental,
Part C Optional, and/or Part D Supplemental) and meet the
reenrollment qualifications, you may apply for higher amounts
of supplemental life insurance as shown below. The PEBB
Program will offer a special reenrollment opportunity February
1 - March 31, 2012.
| If you
are: |
You can
apply for up to this amount of Supplemental Life
Insurance with guaranteed issue |
Or up to
this amount of Supplemental Life Insurance by providing
evidence of insurability |
| Employee under age 60 |
$50,000 not to exceed $250,000
total |
$750,000 |
| Employee age 60 or older |
$50,000 not to exceed $100,000
total |
$750,000 |
| Spouse or state-registered
domestic partner of employee |
$25,000 up to $50,000 total
(not to exceed 50% of your Employee Supplemental Life
Insurance amount) |
50% of Employee Supplemental
Life Insurance amount |
If you don't have supplemental life insurance
through the PEBB Program
If you or your
spouse/state-registered domestic partner do not currently have
PEBB supplemental life insurance, you may also apply for
higher amounts of supplemental life insurance (with evidence
of insurability) starting February 1, 2012. Your coverage
starts the first of the month after ReliaStar Life approves
your application.
Why enroll in supplemental life
insurance?
Supplemental life
insurance is an important part of your overall benefits
package, and making sure you have enough can help prepare you
for life's unexpected twists and turns. Like many U.S.
households, you may already have life insurance coverage. Is
it enough?
Taking advantage of supplemental life
insurance coverage can play an important part in your overall
financial security. The amount of coverage you elect can
protect your family, cover funeral expenses, meet unsettled
financial obligations, or cover college tuition for your
children. Regardless of the life stage you are in, life
insurance can protect you and those you love.
Before you decide to enroll:
- Verify your current coverage amounts by reviewing your
annual Statement of Insurance or your employers online
employee portal.
- Review the enrollment materials and tools below.
- The Enrollment at a Glance provides a
summary of your coverage options and monthly costs.
- The
PDF Life Insurance Calculator is a quick
and easy way to help you determine the coverage you need to
meet your family's goals.
- The Online Life
Insurance Calculator goes into more detail about
how to determine the coverage amounts you need to meet your
family's goals.
- The Certificate of
Coverage provides details on your life insurance
benefits for 2012.
| Enrollment
at a Glance |
|
Learn more about your coverage
options and
rates. | |
| |
PDF
Life Insurance Calculator
|
|
Quickly find out how much life
insurance you need to reach your
goals. | |
| |
Online
Life Insurance Calculator
|
|
For a more in-depth look at
how much life insurance you need to reach your
goals. | |
| |
Certificate
of Coverage
|
|
For details on your life
insurance benefits for
2012. | |
These
calculators are for educational purposes only - you may want
to consult a financial advisor before making final decisions.
You may not be able to apply for all coverage through your
benefit plan.
Watch
for more details coming soon about the PEBB Program's upcoming
life insurance enrollment opportunities.
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