Information provided is in summary format.  Any difference between the summary provided and actual contract will be settled in favor of the contract.

Eligibility  

You are generally eligible for Life insurance coverage if you are an active, permanent full-time employee and work at least 20 hours per week.  

Coverage Amounts  

Class 1:  Administrators - $100,000

Class 2:  High School Athletic Directors - $50,000

Class 3:  All other Eligible Employees - $25,000

Life Reduction Benefit

Life insurance amounts will reduce to 65% at age 65, to 50% at age 70, and terminate at retirement.

Accidental Death and Dismemberment  

If you sustain an accidental Bodily Injury which results in loss of life, sight, or limb within 90 days of the injury you are entitled to certain additional benefits.

Accelerated Death Benefit

If you become terminally ill and are not expected to live more than 12 months, you may request up to 75% of your life insurance amount to a maximum of $25,000.  A doctor must certify your condition in order to qualify for this benefit.  The death benefit will be reduced by any benefits paid under this option.  

Conversion Privilege

If your insurance terminates because your employment terminates, or certain other reasons you may be entitled to convert all or part of your Group Life Insurance to an Individual Life Policy without submitting evidence of insurability.  

Waiver of Premium  

If Totally Disabled prior to age 60, prior to termination of your employment, disability has lasted for 6 months, and proof of Total Disability is received within 12 months after Premium payments end, your Life Insurance will continue without Premium payments for 12 months.

Coverage for Dependents

Spouse:  $1,000

Children:  14 Days of Age:  $100

                  6 Months to 19* Years of Age:  $1,000