
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:
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Eligibility: All full-time employees working 20+ hours/week, spouse, children and grandchildren (up to age 26)
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Coverage through Chubb
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Must be actively at work on the effective date
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If electing for the first time outside of the initial open enrollment period, health questions will be required.
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Permanent Life 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.
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Underwriting may be required.
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Keep your coverage at the same cost even if you retire or change employers
Contact Campus Benefits help with filing a claim.
1 (866) 433-7661