Group Term Life Insurance
Group Term Life Insurance
Lincoln National Life Insurance Company
Group Term Life insurance is available to full-time employees of Hamilton County Department of Education.
$20,000 of Group Term Life and Accidental Death and Dismemberment coverage is provided to full-time employees at no cost to the employee.
Employees may purchase Group Term Supplemental Life and Accidental Death and Dismemberment coverage via payroll deductions.
Employees with annual incomes of $20,000 or greater may purchase (at initial enrollment) increments of $10,000 to a maximum of $300,000 without medical underwriting and up to $500,000 with medical underwriting.
Employees with annual income of less than $20,000 may purchase (at initial enrollment) increments of $10,000 up to a maximum of $100,000.
Supplemental Life coverage may be purchased for a spouse in increments of $5,000 or $10,000.
Supplemental Life coverage may be purchased for a child/children in the amount of $5,000.
Rates:
Life Insurance Rates for Life with AD&D.pdf
Life Insurance Rates for Life Only.pdf
During open enrollment (month of October) life elections may be increased, decreased or revoked. Employees electing only one additional level of coverage are automatically eligible for the additional amount. Employees electing more than one additional level of coverage are required to complete a medical questionnaire for Lincoln National Life Insurance Company. Lincoln makes the determination regarding approval or denial of the additional amounts requested.
The Group Term Life Insurance coverage may be continued through Lincoln National directly when an employee terminates employment or retires. Contact Lincoln directly for information regarding continuation at 1-800-423-2765. The Group policy number is 000010131991-00000.