Additional/Dependent Life Insurance

 

Your employer provides a basic amount of Life insurance that pays your loved ones a benefit if you pass away. But will that be enough? Fortunately, you have the opportunity to enroll in Additional Life insurance for you and your family.

You may elect Additional Life coverage in amounts of 1, 2, 3, 4 or 5 times your annual earnings to a maximum of $1,000,000. You pay the full cost of your Additional Life coverage. To determine the cost of this insurance, please use the Premium Estimator.

If you are enrolled in Additional Life insurance, you may also elect Dependents Life insurance for your eligible spouse and child(ren). Spouse/domestic partner coverage cannot exceed 100% of your coverage. You pay the full cost of Additional Life coverage for your dependents.

Medical underwriting approval may be required for Additional Life coverage. Learn more by reading your Medical Underwriting Approval (Evidence of Insurability [EOI]) FAQ (English or Spanish).

Before enrolling please review the coverage highlights (English or Spanish) and the Life Certificate of Insurance for answers to commonly asked questions, costs, exclusions, limitations and reductions.

Legal

 

 

The products and coverages have exclusions, limitations, reductions of benefits and terms under which they may be continued in force or terminated. The amount of benefits provided depends on the policy selected. Premium will vary according to the selection made. Please contact your HR representative for additional information, including costs and complete details of coverage.

Life Services Toolkit is provided through an arrangement with Health Advocate and is not affiliated with Standard Insurance Company. Health Advocate is solely responsible for providing and administering the included service. This service is only available while insured under Standard Insurance Company's Life insurance policy. Standard Insurance Company may change providers or terminate service at any time. The Life Services Toolkit is not available with products offered by The Standard Life Insurance Company of New York.

Travel Assistance is provided through an arrangement with Assist America, Inc. and is not affiliated with The Standard. Travel Assistance is subject to the terms and conditions, including exclusions and limitations of the Travel Assistance Program Description. Assist America, Inc. is solely responsible for providing and administering the included service. Travel Assistance is not an insurance product. This service is only available while insured under The Standard’s group policy. Standard Insurance Company may change providers or terminate service at any time. Travel Assistance is not available with products offered by The Standard Life Insurance Company of New York.

Group Life Insurance, and Group Life with AD&D Insurance, underwritten by Standard Insurance Company is provided under policy form numbers: GP1219-LIFE, GP1219-LIFE-TRUST, GP1219-LIFE-ASSOC, GP190-LIFE/S399, GP411-LIFE, GP190-LIFE/S399/MT.

Group AD&D Insurance underwritten by Standard Insurance Company is provided under policy form numbers: GP494-ADD/S99, GP310-ADD, GP609-ADD, GP494-ADD/S399/MT.

Group Short Term Disability Insurance underwritten by Standard Insurance Company is provided under policy form numbers: GP190-STD/S399, GP399-STD, GP399-STD/TRUST, GP899-STD/A300, GP399-STD/ASSOC, GP209-STD, GP414-STD, and GP411-STD.

Group Long Term Disability Insurance underwritten by Standard Insurance Company is provided under policy form numbers: GP190-LTD/S399, GP399-LTD/TRUST, GP190-LTD/ASSOC/S399, GP190-LTD/TRUST/S399, GP899-LTD, GP411-LTD, GP209-LTD, GP608-LTD and GP012021-LTD.

The Standard is a marketing name for Standard Insurance Company (Portland, Oregon), licensed in all states except New York, and The Standard Life Insurance Company of New York (White Plains, New York), licensed only in New York. Products and availability vary by state and are solely the responsibility of the applicable insurance company.

© 2024 StanCorp Financial Group, Inc.