Voluntary Term Life Insurance

Term life is the least expensive form of life insurance and a valuable part of the benefit package. Voluntary term life affords you to purchase additional amounts over and above what you may have through your employer or on a personal basis. Highlights of the voluntary term life plan include:

  • Increments of $10,000 to a maximum of $500,000.
  • Coverage is available for your spouse and dependents.
  • Coverage is portable if you should terminate employment.
  • Coverage is continued without premium should you become totally disabled and meet the qualifying criteria.
  • Accelerated death benefit is included should you become terminally ill.
  • You may also purchase accidental death & and dismemberment coverage for very low rates.
  • Coverage is available to groups of 2 or more employees.
  • Guarantee issued coverage is available should your company achieve minimum participation requirements.

The information provided within is only a summary of the available plan designs. Certain underwriting restrictions and age limits do apply. The policy issued to the policyholder and the accompanying certificates fully describe coverage and the benefits that do apply.

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