Participants in the UCC LIDI Plan may purchase additional life insurance coverage for themselves and their eligible dependents.
Additional Life Insurance Coverage for Yourself
If you are covered under the basic LIDI Plan, you may request additional life insurance coverage. This special opportunity enables you to replace basic Plan coverage that will decrease as you get older, or to increase your life insurance.Eligibility
If you request additional coverage within 90 days of joining the Plan, you will not be subject to a review of health. If you do not request additional coverage within 90 days of joining the Plan, you must wait until the annual end-of-year open enrollment period to apply.
Benefit Coverage and Cost
The minimum additional life insurance coverage you may request is $10,000. The maximum coverage is the lesser of three (3) times your annual salary basis, or $100,000, available in increments of $10,000. In determining the maximum, your basic life insurance coverage provided under this Plan is not counted. Click here for an application.
Spouse/Partner Death Benefits
If you are covered under the basic LIDI Plan, you may request life insurance coverage for your spouse/partner. Spouses/partners of active members covered under the basic Plan are covered by a death benefit of $5,000. You may purchase an additional $10,000 or $25,000 of coverage for your spouse/partner. Click here for an application.
Dependent Child(ren) Death Benefits
An employee participating in the LIDI Plan may purchase $5,000 or $10,000 coverage for dependent child(ren). Click here for an application.
Eligibility
If you are within your first 90 days of UCC employment or eligibility for the Plan your spouse/partner or dependent child(ren) may enroll into these Plans. You may also enroll within 90 days of your marriage, birth adoption or legal placement of child in your care. Otherwise your spouse/partner and dependent child(ren) will be required to wait until the next open enrollment period is offered.
You may apply for coverage for your domestic partner without having to provide evidence of good health within 90 days of the six-month period following the commencement of your domestic partnership or civil union (whichever is the earliest).
Benefit Coverage and Cost
The spouse/domestic partner of an employee participating in the LIDI Plan is covered by a death benefit of $5,000, with no coverage for dependent child(ren). You may add significantly to this coverage by purchasing either an additional $10,000 or $25,000 of coverage for your spouse/partner. Click here for an application.
Discontinuation of Coverage After Employment Ends
Additional/optional life insurance coverage will end when you cease to be a member of the Plan, when premiums are no longer paid, or if the contract with MetLife is cancelled, or this Plan is terminated. If your employment ends, you will no longer be eligible to continue this coverage through the Pension Boards. You do, however, have the option of converting it to an individual policy with MetLife.