Life Insurance

You are eligible to buy additional term life insurance for yourself, your spouse, and your children. You may purchase additional life insurance for yourself and your spouse in $10,000 increments up to $500,000. You may also purchase additional AD&D coverage for yourself and your spouse up to $250,000. The coverage amount you elect for your spouse may not exceed 100 percent of your additional life coverage. If you wish to purchase additional term life insurance or additional term life insurance with AD&D coverage for your children for a policy of $5,000 or $10,000 coverage, you must also purchase additional term life insurance.

You pay for this optional life insurance on a pre-tax basis, and you can continue it when you retire or leave the Hospital.