Voluntary Term Life Insurance

Our voluntary term life insurance policy gives you the flexibility to design a custom life insurance plan for your clients. Useful services include payroll deduction, online resources, and, depending on group size and coverages offered, access to a specialized voluntary enrollment team.

Available features

• Waiver of premium – flexible designs for elimination period, termination and disability definitions
• Liberal benefit maximums and guaranteed issue amounts – options from $10,000 to $500,000
• Living care benefit – options from 25 to 80 percent and $25,000 to $500,000
• Dependent coverage – additional coverage for spouse and dependent children
• Portability – options for both employee and spouse to easily maintain the features and benefits of their current coverage; ported coverage does not terminate when master policy terminates
• Conversion – option to convert to individual whole
  life policy
• Grief and healing support – information to help beneficiaries cope with the loss of a loved one

Additional choices for a custom package

• Accidental death & dismemberment – several unique suites including travel,
  family and catastrophe
• FMLA Administration^* – full-service assistance with Family Medical Leave Act (FMLA) Administration
• Travel Assistance^** – help during emergencies away from home
• Employee Assistance Program – Basic, Enhanced Basic and Comprehensive plans available
• Annual Increase Allowance – annual coverage increase of $10,000 without
  evidence of insurability

Eligibility requirements

• Minimum enrollment of 10 employees or 25 percent of eligible employees,
  whichever is greater
• All active, full-time employees working 20 or more hours per week
• Lawful spouse, and dependent children from 14 days to 21 years; 25 years
  if a full-time student

Guaranteed issue amounts

Review the guaranteed issue amounts table.