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Basic Life Insurance - Employee |
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Amount of insurance for the employee: 1 time annual salary rounded to the next higher $1,000
Maximum without evidence of insurability: $600,000
Maximum with evidence of insurability: $1,600,000 (combined maximum of $2,000,000 including Optional Life Insurance - Employee)
Benefit reduction: reduces by 50% on your 65th birthday
Termination of benefit: Retirement
It is important to complete the beneficiary designation and evidence of insurability form (if applicable). To do so, at the end of your enrollment, click the «Confirm» button and your beneficiary designation and evidence of insurability forms will show on your screen. Please print, fill, sign and return these forms as indicated in the instructions.
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