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Participant's Basic Life Insurance |
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Amount of insurance for the Participant: 1 times the annual salary rounded to the next higher $500
Maximum without proof of insurability: $50,000 (including the Participant’s Extended Life Insurance)
Maximum with proof of insurability: $1,500,000 * (including the Participant’s Extended Life Insurance)
Termination of benefit: termination of employment or retirement
You will be ask to complete your beneficiary choices.
At the end of the enrollment after you have hit the «Confirm » button you will be provided the required beneficiary form and evidence of insurability form. You will need to complete, sign and return these forms to the address indicated in the instructions.
*If the participant wishes to subscribe an amount exceeding $1,000,000, this amount can be granted subject to acceptance by the insurer of the required evidence of insurability and provided that the total amount of Life Insurance does not exceed 10 times his annual salary.
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