PROGRAM BENEFITS
FEDERAL FIRST Voluntary Term Life Insurance Program
Underwritten by Aetna Life Insurance Company (Aetna)
Who is Eligible?
An eligbile employee is:
You will be eligible to enroll for coverage as of the day you meet the definition of an eligible employee as defined above.
Term Life Insurance Program Benefits*
Selecting the right amount of life insurance coverage is personal. With the FEDERAL FIRST Voluntary Term Life Insurance Program, eligible employees can elect from a range of coverage options to help you make the right choice for your individual needs and financial situation.
| Active Employee |
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When you elect coverage for yourself, you may elect Family Coverage where you can get coverage for your spouse and dependent children. Dependent children are those age 14 days to 19 years or to age 25 if unmarried and a full-time student. The Family Coverage is a package and cannot be separated to cover only a spouse or only a child. |
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| Family Coverage - For Your Spouse and Dependent Children |
Please note that Family Coverage is a package and cannot be separated to cover only a spouse or only a child. Your spouse and dependent children combined coverage cannot exceed 100% of your employee coverage. |
| * This Voluntary Term Life Insurance Program is available from July 1, 2008. | |
Guaranteed Acceptance Coverage Amounts
Each newly eligible employee is given the opportunity to elect guaranteed acceptance amounts of coverage during their introductory enrollment period. This means that during the 60 days following your date of eligibility you may purchase - without answering medical questions or completing a medical questionnaire - the following guaranteed acceptance amounts of coverage for yourself and for your dependents. If you elect coverage above the guaranteed amount, you will need to provide evidence of insurability.
| Active Employee |
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| For Your Spouse and Dependent Children |
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Evidence of insurability is required:
If Evidence of insurability (EOI) is required, FEDERAL FIRST will process your application for coverage up to the Guaranteed Acceptance amount.
Aetna will provide you with instructions to provide evidence of insurability. If you enroll during the initial open enrollment period, Aetna will send EOI materials and instruction at the close of the enrollment period.
Benefit Features You Can use Today
The FEDERAL FIRST Voluntary Term Life Insurance Program includes these benefit features, too.
Services and Resources You Can Use Today... and Tomorrow
The FEDERAL FIRST Voluntary Term Life Insurance Program includes Aetna Life EssentialsSM. Once you are insured under the voluntary term life insurance program, you'll have access to services and resources you may need during your life, at the end of your life and later to help the ones you love.
Here's a sampling of services available. Click here for more information about Life EssentialsSM.
The voluntary term life insurance program contains exclusions and limitations. Click here to learn more about Limitations and Exclusions.
1. Securities (including mutual funds and variable annuities) and investment advisory services are offered through Chase Investment Services Corp. (CISC) or affiliated broker/dealers. Annuities and insurance products are provided by various insurance companies and offered through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency doing business as Chase Insurance Agency Services, Inc. in Florida. CISC, a member of NASD/SIPC, and CIA are affiliates of JPMorgan Chase Bank, N.A. Products not available in all states. JPMorgan Chase Bank, N.A., and its affiliates do not offer legal or accounting advice to their clients. Clients are urged to consult with their own legal, accounting and tax advisors with respect to their specific situations. Aetna does not warrant or guarantee and makes no representations as to the quality of services offered by CISC. NOT A DEPOSIT NOT FDIC INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED BY THE BANK MAY GO DOWN IN VALUE. Available to Aetna Group Insurance members through arrangement with Aetna Life Insurance Company.
2 . The Legal Reference Program is independently administered by ARAG® Services LLC. Aetna does not participate in attorney selection or review, nor does it monitor the services, content or network. Aetna does not warrant or guarantee or make any representations as to the quality of the services of ARAG or of any attorney in the ARAG network. Aetna has not credentialed or otherwise reviewed or assessed the quality of ARAG services or ARAG contracted law firms or lawyers. ARAG does not provide Aetna with any individually identifiable information whatsoever on legal inflation accessed or legal services used by eligible individuals. Aetna has provided its policyholders with access to ARAG programs and services but has no responsibility for those services. Aetna does not receive a marketing fee from ARAG in conjunction with the Legal Reference Program.
This voluntary long term program contains Limitations and Exclusions.
Policy forms issued in OK include: GR-9/GR-9N.
Privacy Statement ©2008 FEDERAL FIRST
Form 26.36.310.1 (IL) 06-08