What is Voluntary Term Life Insurance?

Proceeds can be used to replace lost potential income during working years and help ensure your family's financial goals will still be met; goals like paying off a mortgage, keeping a business running, and paying for college. VTL coverage is included as a part of life insurance benefits and will pay out a lump-sum death benefit in the event you or a covered loved one are killed accidentally or die later as the direct result of an accident. This plan also has a dismemberment benefit which provides an additional lump-sum payment if an insured becomes dismembered in an accident.

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Plan Rules:

• Eligibility: Full-time employees working 20+ hours/week spouse, children up to age 26.

• Coverage through MetLife

• Only covered employees may elect dependent coverage

• Dependent coverage may not exceed employee coverage amounts

• Dependents may not be double covered

• No Health Questions - EVERY YEAR!!

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