If you are not then living, payment will be made to your Estate. You may change beneficiary designations for either your or your spouse's Optional Life Insurance at any time by completing the Change of Beneficiary Form available from your Service Representative in Financial Services. During this 31-day conversion period, individual policies are available from the insurance carrier for the same amount of insurance as you had during your employment without evidence of good health. Application for conversion must be received by the insurance carrier within 31 days of the date of termination or reduction. If you are in good health, it may be to your advantage to make a regular application for coverage.
Details are available from the insurance carrier.
The premium rates for individual policies will be based on age, sex, and the customary rate for the type of insurance chosen. For further information on the Conversion Privilege, please contact the Insurance Carrier or Human Resources. How to Submit a Claim Please ensure your beneficiary or Executor knows to contact Human Resources in the event of your death. A claim for benefit payment must be supported by proof of death. Confidentiality Sun Life, the insurance carrier, is committed to protecting the confidentiality of our employees.