For further information on eligibility for Living Benefits Loans and initiating claims, please contact Human Resources. If your insurance terminates or reduces for any reason other than the termination of the policy, you have 31 days after the termination or reduction date to convert all or a portion of your Basic Group Life coverage to an individual policy with the insurance carrier. 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 personal 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. Human Resources will provide your beneficiary or Executor with the necessary claim forms and will assist with submitting the claim. A claim for benefit payment must be supported by satisfactory proof of death.