Feature
You
Your Spouse
Child(ren)
$5,000 increments, not to exceed the lesser of 50% of your Basic & Optional Life coverage amounts combined or $250,000
$5,000 increments up to $15,000 for children up to age 26 (election must be the same for all children)
1x-5x annal base salary, rounded to the next $1,000, up to $500,000
Coverage Amount
Guaranteed Issue
$300,000
$50,000
n/a
EOI is required for the following if:
EOI is required for the following if:
• The amount is greater than Guaranteed Issue at initial enrollment • Previously waived, for any amount when elected as a result of a Qualifying Life Event • Previously waived, for any amount when elected during annual open enrollment* • Previously elected, for any amount over one level (i.e. 2x to 3x) or the Guaranteed Issue*
• The amount is greater than Guaranteed Issue at initial enrollment • Previously waived, for any amount when elected as a result of a Qualifying Life Event • Previously waived, for any amount when elected during annual open enrollment* • Previously elected, for any amount over one increment or the Guaranteed Issue*
Evidence of Insurability (EOI)
Not required
Accelerated Death Benefit (Advances part of your death benefit when diagnosed with a terminal condition)
50% to a maximum of $500,00
n/a
n/a
Reduction Schedule
Ages 70-74: reduced to 65%Ages 75+: reduced to 50%
Ages 70-74: reduced to 65% Ages 75+: reduced to 50%
No reduction Coverage ends at age 26
Conversion to a Private Policy Portability after your employment ends
Yes
Yes
No
Yes
Yes
Yes
$0.0554 per $1,000 (for 1 or more children)
Coverage Rate (bi-weekly)
Refer to table on page 33 Refer to table on page 33
*For the 2025 Open Enrollment only, EOI is only required if the amount elected (whether new or an increase) is greater than the Guaranteed Issue.
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