This also carries an Accidental Death and Dismemberment benefit equal to the amount of life coverage. Your monthly premium is determined by your age and the amount of insurance you select. If the employee enrolls in the program within 31 days of the date of employment, the insurance will be effective the first of the month following the date when the required payroll deduction is made and no medical examination is required. There is waiver of premium for one year if an employee is unable to work. At retirement, the coverage may be kept at group rates to age 70 and premiums are paid directly to Hartford Life and Accident Insurance Company.
Termination also allows the coverage to be converted to a direct-pay basis.
Prudential Life Insurance Group Plan. Upon application, eligible employees may cover dependents in their policy. Ineligible dependents include one who is on active duty with the armed forces. For more detailed information, please call 656-2000. Amount of Insurance.