What would happen to your family if you were no longer there to provide for them? Do you have enough life insurance for them to keep their home, pay all the monthly bills, and afford college for your children and other future expenses?
With Supplemental Life Insurance you can replace the worrying about your family’s financial security. Supplemental Life Insurance allows you to create a "safety net" for your family and help provide the resources for them to carry on. Features of Supplemental Life Insurance include:
Who needs life insurance?
Who is the provider?
Who is eligible?
You can enroll if:
You can also enroll these family members:
Your spouse and children’s benefits can only be put in force if you are actively at work and each person to be covered is able to perform normal activities on the date the Enrollment Form is signed and coverage starts. You will be required to submit Evidence of Insurability if you elect greater than $10,000. You must be insured for at least one times your annual pay in order for your spouse to be eligible.
When can I enroll?
Do I have to meet any medical requirements?
How much will this coverage cost?
What if my employment status changes?
Are there other benefits to this plan?
In addition to the advantages of this plan over other life insurance options, this plan offers even more special benefits:
Automatic Coverage Increase: Each year on January 1, your employee coverage may go up based on an increase in your annual pay as of the prior July 1. (Please note: Benefit increase automatically just once per program year. You must be actively at work on the effective date of your increase to qualify.) If you would like to opt out of this feature you must contact Mercer Voluntary Benefits.
Accelerated Benefit Rider:
Employee Assistance Plan (EAP): As an employee covered under your employer’s group life policy issued by Lincoln Financial Group, you are eligible for the EAP. These benefits include financial, legal, and family services and are available to you and your immediate family members. Employee Assistance Program (“Services”) are provided by Morneau Shepell. Lincoln Financial Group does not insure or administer these services.
Travel Assistance: TravelConnectSM provides 24/7 access to medical and safety related services such as, medical assistance, medical evacuation and repatriation, natural disaster evacuation, travel assistance, worldwide destination intelligence, security – including political evacuation, and expatriate coverage to covered employees when traveling more than 100 miles from home. This program provides up to $1,000,000 coverage for all associated benefits. TravelConnectSM services are provided by On Call International. On Call International must coordinate and provide all arrangements for eligible services to be covered. Terms, conditions, limitations and exclusions apply. Please review the Description of Services for full details.
When would my coverage start?
If evidence of good health is not required... If you are hired on the 14th of the month or before, you are eligible on the first of the month following date of hire. If you are hired on the 15th of the month or after, you are eligible on the first of the month following one month of continuous, active employment.
If evidence of good health is required...Coverage is effective on the first of the month after coverage is approved by Lincoln.
*Spouse means legal spouse. You must be married in order to be eligible for spousal coverage. For Vermont and Washington state residents, spouse includes your registered Domestic Partner if you and your Domestic Partner are registered as domestic partners, civil union partners or reciprocal beneficiaries with a government agency or office where such registration is available.
The above information provides highlights of the insurance program. It does not and is not intended to cover the program in detail. Please refer to the policy for a complete description of the coverage, limitations, and exclusions.
These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.
|Beneficiary Designation Form|
|Evidence of Insurability form|
(It is not a requirement to utilize the new online functionality. Existing beneficiary selections are on file, historical information is not loaded into the system.)