Life Insurance: Cheaper Than You Think
Throughout the year, regular part-time associates are eligible to enroll in a minimum of $10,000 life insurance at only 33 cents a pay period.
Go to Employee Self Service, click on eBenefits and learn about the very valuable benefit.
Maybe you’ve been meaning to buy life insurance, but just haven’t gotten around to it or thought it was too expensive.
Protect your family
Getting coverage through work can be the easiest way to protect your family. Enrollment takes place on your work computer and premiums are automatically deducted from your paycheck.
Experts say that life insurance also can be a good deal. Since you’re part of a large group of associates buying life insurance, premium rates are less than what you would get by shopping around and buying on your own.
But I have a serious medical condition
Eligible employees may qualify for a much better rate through the group policy than what they could get on their own. A medical exam is not required, although you will have to complete a questionnaire to prove good health if you enroll after your first 31 days of being eligible for coverage.
Increasing coverage
If you don’t have the maximum coverage amount available to you or your spouse, you can increase your coverage by one level during November’s open enrollment without having to fill out the questionnaire.
