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State Group Life Insurance Life insurance is an important part of your family's overall financial security. Even if no one depends on you for financial support, life insurance benefits may be necessary to settle your estate. That's why the State of Delaware offers you and your eligible dependents Group Life Insurance through Minnesota Life. Under the plan, you may elect coverage for yourself of one to six times base pay to a maximum of $350,000. Cost of Coverage
Dependent Life Coverage Benefits eligible active employees enrolled in the GUL program will have the following dependent Term Life options to select from:
Coverage is now in effect for benefits eligible active employees who participated in the one-time open enrollment opportunity between October 4, 2010 and October 20, 2010 to increase spouse coverage from $10,000 to $20,000 without providing Minnesota Life with evidence of good health. Also, employees enrolled in the GUL program with child(ren) coverage as of December 31, 2010 had their coverage increased automatically from $6,000 per child(ren) to $10,000 per child(ren) effective January 1, 2011 with no increase to the cost of the child(ren) coverage. The newly added Will Preparation and Legal Services benefit provided by Ceridian LifeWorks’ is now available to benefits eligible active employees enrolled in the GUL program, their spouses and other dependents at no cost. Click on the link below for a detailed description of this new service. Legal Services Employee Brochure For additional information, please visit www.lifeworks.com.
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| Disclaimer: Colonial Benefits Online provides
only an overview of your benefits from Colonial School District and The
State of Delaware. Colonial School District and The State of Delaware
reserve the right to amend or to terminate any benefit plan at any time,
with or without notice. Review more important
legal information about your benefits plans. Copyright ©2006-2010 Valley Forge Benefits Consulting, Inc. |
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