Optional Life Insurance at Life

Optional Life Insurance. This additional coverage is beyond the basic term life insurance coverage that you get through an employee benefit plan. Optional life insurance the state shall make available optional term life insurance to employees.

With optional life insurance you have the option to add coverage for accidental death & dismemberment. Optional life insurance is enhanced coverage that can be purchased, by an employee, to juice up their employer’s basic life insurance benefits. The cost of your optional plan depends on the coverage you select, your age, your smoking status, and your salary.

3D2N/2D1N Snorkeling Package at Tunamaya Beach Resort

Typically, the employer will be paying for the premium of basic life insurance coverage. This provides added protection against financial hardship in the event of an accidental death or an accident resulting in a serious injury such as loss of a limb, loss of eyesight or paralysis. You can buy this insurance on top of your basic life insurance as part of your group benefits plan if your employer offers it. This is not a contract, and coverage will be subject to the terms and conditions of the medavie blue cross policy.