Voluntary Group Term Life Insurance
The NCFlex Voluntary Group Term Life Insurance is provided by ING Employee
Benefits and underwritten by ReliaStar Life Insurance Company. This plan pays a
benefit to your beneficiary(ies) if you die while covered under the policy.
This is strictly a life insurance policy that provides a benefit if you die.
There is not an accumulated cash value.
Important:
If you enroll in this plan the first time it is offered to you (as a new
employee), you may elect coverage up to $100,00 without providing Evidence of
Insurability (EOI). An EOI is a way of providing proof of good health. This
evaluation may include your current health status, medical and family
history. If you decide to enroll for life insurance coverage or increase your
coverage at a later date, you will have to provide an EOI form to ReliaStar
Life for approval before coverage can become effective.
Monthly Cost
The monthly premium you pay is based on your age as of your effective date of
coverage and the coverage amount you elect.
ING Toll free Number:
1-877-464-5111.
For
more information about Voluntary Group Term Life Insurance, please see the
NCFlex website,
or email or call Lisa Honeycutt at 232-5114.
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