Insurance Continuation for Ex-Employees

After You Leave Employment

Life insurance and Long Term Disability coverage have a benefit continuation provision for after you leave employment.   The policy would be converted from group coverage to an individual coverage directly with the insurance carrier.

You are guaranteed coverage amounts up to the level of your current life insurance coverage and up to $3,000 per month for the LTD benefit.   You would be responsible for remitting the premium amount directly to the insurance carrier. The insurance carrier will provide pricing based on your age at the time of continuation. The forms must be completed and submitted to the insurance carrier within 31 days of separation from the employer.