Voluntary Term Life Plan Details

 

• Guaranteed Issue up to $150,000 (No Health Questions)

• One-time offer of Guaranteed Issue, however;

• You can buy in at as low as $10,000 now, and at any subsequent enrollment increase up to $50,000 not to exceed the Guarantee Issue (without health questions)

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Start date - End date: 08/01/2024 - 07/31/2025

 

Carrier: Guardian

 

Voluntary Accident Plan Details

 

• Guaranteed Issue

• Includes $50 wellness benefit rider for getting yearly exam

• 24-hour coverage

• Organized Sport Rider - pays 125% of benefit if child is injured playing an organized sport (rec football, basketball, baseball, etc.)

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Start date - End date: 08/01/2024 - 07/31/2025

 

Carrier: Guardian

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Voluntary Critical Illness with Cancer Plan Details

 

• Cancer coverage is included in this plan

• Guaranteed Issue coverage up to $20,000 (ongoing Guarantee Issue)

• Includes $50 wellness benefit rider for getting yearly wellness exam

• Child coverage is FREE with employee election

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Start date - End date: 08/01/2024 - 07/31/2025

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Carrier: Guardian

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Whole Life - Permanent Life Insurance Plan Details

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• Guaranteed Issue up to $100,000 (No Health Questions) / Express Issue up to $250,000 (One Health Question)

• Chronic Care Benefit - Early access to your life insurance if you can't care for yourself (similar to Long-Term Care benefit)

• Guaranteed Level Premiums for Life

• Guaranteed Cash Value Accumulation

• Dividend Eligible Policy - Can receive dividend in a cash payment, leave on account to accrue interest or purchase additional paid-up life insurance

• Spouse and children/grandchildren are eligible for $25,000 (Employee must purchase at least $25,000)

 

Start date - End date: 08/01/2024 - 07/31/2025

 

Carrier: Mass Mutual

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