Life & Accidental Death & Dismemberment

Pretax

• No

Premium per month

• Employee (college-paid)

Coverage

• Two times the employee's base annual salary rounded to the next higher thousand dollars, to a maximum of $300,000

Accelerated Living Benefit

• An employee may request this benefit if the employee is terminally ill. The benefit will be paid in advance of death. The benefit amount is 50% of the basic term life and supplemental term life insurance (combined) in force.
  
   
• If the amount of insurance is scheduled for an age-related reduction within one year after applying for a living benefit, the maximum benefit will be limited to 50% of the scheduled reduced amount

Comment

• You may elect to purchase additional insurance (at your own expense) through Lincoln Financialup to a maximum of $100,000.

• You may elect coverage for your spouse/domestic partner, to a maximum of $30,000, not to exceed 50% of the supplemental employee amount selected.

• Child benefit is set at $10,000, regardless of amount of supplemental insurance selected by employee.

Changes for 2012

• Employee may increase their coverage to $250,000 with Evidence of Insurability

• Employees currently enrolled may increase their coverage $20,000 without Evidence of Insurability

• Employees currently enrolled may increase the Spouse/Domestic Partner coverage $10,000 withour Evidence of Insurability, to a maximum of $30,000

NOTE: Supplemental Life Insurance above $100,000 and up to $250,000 requires a medical history statement. Additional   changes will requires completion of Medical History Statement or Evidence of Insurability.

• Flexible Benefits - You select the death benefit and cash value components, and you can adjust them as your needs change.

• Affordable Rates - Competitive rates start at $3 per week

• Family Coverage - Your spouse, children and grandchildren are eligible, even if you choose not to participate.

• Portable Insurance Coverage - The plan is yours to keep even when you leave your employer