The first of the month following date of hire. If you do not elect the insurance when you are first eligible or you chose to elect more than listed above, you will need to complete an Evidence of Insurability form. The unit cost of Supplemental Life Insurance varies for employees and spouses according to age. The benefit brochure includes a table showing the monthly premium cost per age group.
Beneficiary designation is made on the enrollment form.
You can change your beneficiary at your discretion, however, you must complete a Change of Beneficiary Form. Contact Sue Clark at HRH of Illinois for beneficiary changes. You have 31 days from termination of employment to convert your group coverage to an individual policy, up to the current policy amount without having to provide evidence of insurability. Conversion forms are available in Human Resources. This benefit is payable only once in an insured's lifetime.