MORGAN COUNTY CHARTER SCHOOL SYSTEM
Universal LifeEvents (2023 Plan Year)
What is Universal LifeEvents Insurance?
An innovative concept in life insurance, Universal LifeEvents is uniquely designed to match the needs of insureds throughout their lifetime. Universal LifeEvents pays a higher death benefit during an employee’s working years, when expenses are high and families need maximum protection. At age 70 (or the 15th policy anniversary, whichever is later), when financial needs
are typically lower, the death benefit reduces to one third. However, higher benefits for Long Term Care (LTC) never reduce — they continue for the life of the policy, to help meet one’s greater need for LTC in retirement. Benefits Designed for a Lifetime.
Eligibility: All full-time employees working 20+ hours/week, spouse, and children (up to age 23)
Coverage through Trustmark
Must be actively at work on the effective date
Guaranteed Issue Amounts available for New Hires or 1st time eligible employees
Keep your coverage, at the same cost, even if you retire or change employers
Underwriting may be required. Coverage is not guaranteed
Please note: If you currently have a Chubb policy, there are no changes and it will remain on payroll deduction.
Contact Campus Benefits help with filing a claim.
Phone: 1 (866) 433-7661 option 5