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Voluntary Benefits
Voluntary Whole Life Insurance
If you need more protection than the group term life insurance
coverage offers, you have an additional source of coverage.
Unum’s whole life insurance is designed to provide death benefits
to your beneficiaries if you die, but it also can potentially
accumulate cash value that you can utilize while you are alive.
At an affordable guaranteed level premium, you can have the
added financial protection you and your
family may need during times of uncertainty.
Coverage begins on the first of the month
in which you have your first payroll deduction
for premiums. You may apply for enrollment
or drop coverage at any time.
Important information:
• This information is not intended to be a complete description of the insurance coverage available. The policy or its provisions may vary or be
unavailable in some states. The policy has exclusions and limitations, which may affect any benefits payable. For complete details of coverage and
availability, please refer to Policy Form L-21848 or contact your Unum representative.
• Eligible employees are those who are age 15 - 80 who are actively at work when they apply for coverage. Being actively at work means that on the
day you apply for coverage, you are working at one of your company’s business locations, or you are working at a location where you are required to
represent your company. If you are applying for coverage on a day that is not one of your scheduled workdays, then you will be considered actively at
work if you meet this definition as of your last scheduled workday. You are not considered actively at work if your normal duties are limited or altered
due to your health, or if you are on a leave of absence.
• Unum complies with state civil union and domestic partner laws when applicable.
• Underwritten by Provident Life and Accident Insurance Company, 1 Fountain Square, Chattanooga, TN 37402. (In New York underwritten by First
Unum Life Insurance Company, New York, New York.)
CE-13141 (9-13)
Plan Advantages:
• Unum’s whole life insurance plan is voluntary, which means you can choose whether or not to purchase coverage, and
buy only the amount that is right for your needs.
• In addition to providing death benefits, the policy can build cash value, which can be utilized during your working years.
The policy’s accumulated cash value may also be used to buy a smaller, “paid up” policy on which no further premiums
are due.
• Coverage for your dependents is available; optional riders available include children’s term rider and accidental death
benefit rider.
• The policy includes a Living Benefit Option as a basic feature to all employee, spouse and child/grandchild policies. This
feature allows the policy owner to request up to 100% of the death benefit, to a maximum of $150,000 if the insured
is diagnosed with a medical condition that limits life expectancy to 12 months or less. This may vary in some states.
• The Company has elected that you receive the waiver of premium rider
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