What is Permanent Life Insurance?
Provides lifelong protection and the ability to maintain a level premium.
Eligibility: All full-time employees working 20+ hours/week, spouse, children and grandchildren (up to age 26)
Coverage through Chubb
Must be actively at work on the effective date
If electing for the first time outside of the initial open enrollment period, health questions will be required.
Underwriting may be required.
Keep your coverage at the same cost even if you retire or change employers
Contact Campus Benefits help with filing a claim.
Phone: 1 (866) 433-7661 option 5
- Accelerated Death Benefit: 50% of benefit amount up to $100,000
- Long-Term Care: Receive 4% of death benefit for 25 months for long term care assistance (including home health care, assisted living, adult day care, and nursing home care)
- Extension of Benefits for Long-Term Care: Extends length of long term care benefit from 25 months to 75 months
- Restoration for Long-Term Care: Restores death benefit to no less than 50% of the face value for which your LTC benefits were based