• Application. Only one application form is required for both health and life insurance.
  
  
• Administration. When you include life insurance with Blue Cross medical and dental plans, you enjoy the convenience of one consolidated monthly bill and less paperwork. This may be the easiest life insurance purchase you will make.
  
  
• Guaranteed Issue. Coverage is guaranteed issue up to $50,000 to groups with 11 or more eligible employees. Groups with 2-10 eligible employees, or groups electing to offer more than $50,000, are subject to medical underwriting.

The life insurance benefit is payable in the event of death at any time, from any cause. The AD&D feature pays an additional benefit if death results from an accident. The amount is equal to the amount of the death benefit, subject to exclusion and limitations.

In addition to the employee insurance, we offer the following dependent life coverage:

• Spouse   -   $5,000
  
  
• Children ages six months to 19 years (24 years, if full-time student)   -   $5,000
  
  
• Children under six months of age   -   $500

BC Life & Health Insurance Company is rated “A” (Excellent) by AM Best and “A” (Strong) by Stand & Poor’s. These ratings represent the independent opinions of two of the industry’s most respected rating agencies. You can provide this important benefit knowing it is backed by the strength and stability of one of the most respected names in the industry.

The Accelerated Death Benefit provides additional security at a time when your employees may need it most – if they become terminally ill. This benefit advances up to 50 percent of the death benefit to an insured, while living, if diagnosed with a terminal condition and with 12 months or less to live.

* See your certificate for exclusions and limitations.

Because accidents can happen at any time – often before your employees have had time to prepare their families’ futures – we provide the following benefits in addition to the loss-of-life benefit:

• Education Benefit - $3,000 per year (to a maximum of four years) to a dependent student in an accredited institute of higher learning.
  
  
• Seat Belt Benefit – an additional 10 percent of the AD&D benefit (to a maximum of $25,000) if the insured dies in an auto accident and was wearing a seat belt.
  
  
• Repatriation Benefit - $5,000 maximum benefit to transport mortal remains if the insured dies more than 75 miles from home.

• Coverage is available to groups of 2 – 50 eligible employees.
  
  
• Eligible employees must meet the same full- and permanent part-time employment requirements as health coverage.
  
  
• Sole proprietors, partners and corporate officers must work a minimum of 20 hours a week.

• The employer must contribute at least 25 percent of the total cost with a minimum of 75 percent eligible employee participation.
  
  
• Guaranteed issue coverage requires 100 percent eligible employee participation
  
  
• If the employee pays 100 percent of the coverage cost, all eligible employees must enroll.
  
  
• At least 75 percent of all eligible employees with dependents must be enrolled and maintained in the dependent life coverage if the employee is paying part of the premium.

Next >