Group Term Life provides financial protection for your loved ones.
Life coverage creates a safety net for your family’s future, with money to pay for funeral costs, mortgage payments, legal and medical expenses, children’s education and outstanding debts.
Group Term Life is offered at economical group rates and can include your dependent children & spouse if an employee policy is purchased.
When evidence of insurability is required, the insurance company will need to approve it before coverage becomes effective.
To see plan details & requirements click here.
You cannot select a coverage amount five times greater than your salary.
If you select more than $200,000 for yourself, you must fill out an EOI form that is available on the completion page.
If you previously did not elect Supplemental Life Insurance at your initial enrollment you must provide evidence of insurability.
VOYA will need to approve the evidence of insurability before coverage becomes effective.
If you previously enrolled in Supplemental Life Insurance, you may elect to increase your coverage amount by 2 plan increments up to $200,000.
Any additional increase would require evidence of insurability