Essential Term Life
For groups of 2 or more enrolling and employer-contributory. AD&D option includes seat belt and air bag benefits. This plan also includes optional supplemental/voluntary life and increased coverage options for employee and dependents.
Guarantee issue amounts are based on total group volume. 2-year rate guarantee and discounts available for preferred industries.
| Employer Contribution | 25% minimum |
| Life Schedules | Flat schedules up to $100,000 Class Schedules Salaried Schedules Additional amounts available with evidence of insurability. |
| Guarantee Issue |
Upwards of $75,000, based on participation and group size |
| Participation | Non-contributory: 100% Contributory: 75% minimum |
| Plan Features | Waiver of Premium Provision to Age 60 Conversion |
| Age Reductions From original amount. |
65 - 35% 70 - 50% 75 - 65% 80 - 80% 85 - 90% |
| Dependent Life Coverage | Spouse: $5,000 or $10,000 Children ages 6 months to 25: increments of $1,000 up to $5,000 Children 15 days to 6 months: $1,000 0 to 14 days: $500 |
| AD&D Employees only. |
Available on basic and supplemental |
| Other Options | Supplemental / Voluntary Life for employee and dependents. |
| Employer Contribution | Not applicable |
| Life Schedules | 2-9: $10,000 or $15,000 10+: increments of $10,000 up to $500,000 not to exceed 5 times employee salary. Additional amounts available with evidence of insurability. |
| Guarantee Issue | 2-9:$15,000 5-9: $25,000 10+: Upwards of $75,000, based on participation and group size |
| Participation | Not applicable |
| Plan Features | Waiver of Premium Provision to Age 60 Conversion |
| Age Reductions From original amount. |
65 - 35% 70 - 50% 75 - 65% 80 - 80% 85 - 90% |
| Dependent Life Coverage | Spouse: increments of $5,000, up to $10,000 or 50% of employee coverage, not to exceed $50,000 Children ages 6 months to 25: increments of $1,000 up to $5,000 Children 15 days to 6 months: $1,000 0 to 14 days: $500 |
| AD&D Employees only. |
Available on basic and supplemental |
| Other Options | Supplemental / Voluntary Life for employee and dependents. |
| Employer Contribution | 25% minimum |
| Life Schedules | $10,000, $15,000, $20,000 or $25,000 |
| Guarantee Issue | 2-4: $15,000 5-9: $25,000 |
| Participation | Non-contributory: 100% Contributory: 75% minimum |
| Plan Features | Waiver of Premium Provision to Age 60 Conversion |
| Age Reductions From original amount. |
65 - 35% 70 - 50% 75 - 65% 80 - 80% 85 - 90% |
| Dependent Life Coverage | Spouse: $10,000 Children ages 6 months to 25: increments of $1,000 up to $5,000 Children 15 days to 6 months: $1,000 0 to 14 days: $500 |
| AD&D Employees only. |
Available on basic and supplemental |
| Other Options | Supplemental / Voluntary Life for employee and dependents. |
Available in
FL, LA, MO, MT, OR, VA and WA.