Supplemental Life and Dependent Life Insurance
As a new employee, you may elect to purchase additional life insurance in $10,000 increments up to a maximum of $200,000 without proof of good health. If you have a known condition that might preclude you from being approved by the insurance company, you should strongly consider enrolling when you first become eligible. If you decide to wait and enroll later, you will be required to provide proof of good health.
If you are already an employee or enrolled in supplemental life, you may increase your coverage in increments of $10,000 to a maximum of $500,000 with proof of good health (or evidence of insurability – EOI) at Annual Enrollment or if you have certain eligible changes in status. If you are already enrolled, you may increase your coverage by $10,000 at Annual Enrollment without proof of good health (as long as the increase does not take you above $200,000).
If you are enrolled in supplemental life insurance, you may also enroll in dependent life which provides $5,000 for each dependent child (up to age 24) regardless of the number of dependents and $10,000 to $50,000 (in $10,000 increments) for your legal spouse or domestic partner (in accordance with the Domestic Partnership Policy). The employee is automatically the beneficiary for dependent life claims.
You may enroll your spouse/domestic partner with $10,000 without proof of good health (EOI) if you enroll when you first become eligible – either at benefit eligibility or within 60 days of your marriage. Dependent children are not subject to proof of good health. You may increase your dependent life coverage on your spouse/domestic partner during Annual Enrollment or at the time of an eligible change in status event.
You may make changes to your Supplemental Life and Dependent Life coverage within 60 days of an eligible change in status or during Annual Enrollment.