Frequently asked Questions

How do I name a beneficiary for my insurance?

The application form has you list the name and relationship of the person you select as your beneficiary. You may change your beneficiary as often as you would like, provided you have not named an irrevocable beneficiary.

Will my present group insurance and other benefits be affected by enrolling in this plan?

The application form has you list the name and relationship of the person you select as your beneficiary. You may change your beneficiary as often as you would like, provided you have not named an irrevocable beneficiary.

Can I change the face amount of my plan if my insurance needs change?

Yes. You may increase your face amount at any time (after a 12-month period) with proper evidence of insurability.

Will my insurance be increased along with my salary?

Unlike group term life insurance plans that may increase automatically, this plan remains the same unless you apply for an increase or choose to add a future purchase option rider that increases your specified amount each year (up to 5 years) by increasing your premium $1 per week.

^*Fund value: This is the term used to describe the cash portion of your policy. Most of the fund value also is available to policy owners in the form of policy loans. While this money accumulates over time, it can be used to offset future premium costs.