PERMANENT LIFE

What is Permanent Life Insurance?

Permanent Life Insurance provides lifelong protection, and the ability to accumulate cash value on a tax-deferred basis. Unlike term insurance, a permanent insurance policy will remain in force for as long as you continue to pay your premiums.

Plan Rules:

• Eligibility: All full-time employees working 20+ hours/week, spouse and children (up to age 26)

• Coverage provided by Chubb

• Must be actively at work on the effective date

• If electing for the first time outside of the initial open enrollment period, health questions will be required

• Permanent Life Insurance offers the flexibility to meet a variety of personal needs while allowing employees the choice of benefit and       premium amounts which fit their paycheck and life style

• Underwriting may be required

• Keep your coverage at the same cost even if you retire or change employers

• To access the Chubb website, CLICK HERE

If you still have questions, contact Campus Benefits:

Phone: 866-433-7661

Fax: 770-394-0333

The Stephens County Benefit Portal is provided for illustrative purposes only. Actual benefits, services, premiums, claims processes and all other features and plan designs for coverage offered are governed exclusively by the provider contract and associated Summary Plan Description (SPD).