Life Insurance

Why Life Insurance?

Life insurance protects your loved ones. It pays a benefit so they can afford to pay for funeral expenses, pay off debt and maintain their current standard of living. It is one of the best ways to show you care.

EMPLOYER-PAID TERM LIFE INSURANCE

  • Eligibility All Active Full-Time employees who regularly work 20 hours per
    week are eligible for insurance on their date of hire.
    Class 1 – All Eligible Employees enrolled in the medical plan
    Class 2 – All Eligible Employees not enrolled in the medical plan
  • Group Term Life/AD&D Benefit:
  • Class 1 – $10,000 (Enrolled in the medical plan)
    Class 2 – $25,000 (Not Enrolled in the medical plan)

VOLUNTARY TERM LIFE INSURANCE

  • Voluntary life insurance is term life coverage you can purchase in addition to the basic life plan provided by your employer. It will cover you for a specific period of time while you are employed.
  • Plan amounts are offered in tiers so you can choose the amount of coverage that works best for you and your family.
  • Because it’s a group plan, premiums are typically lower, so it’s more affordable to gain the peace of mind that life insurance provides.

TERM LIFE INSURANCE VIDEO