PART 2 - GROUP TERM LIFE AND LONG TERM DISABILITY UNDERWRITING INFORMATION 2.01 Eligibility/Evidence of Insurability Please see the schedule of benefits for eligibility requirements. Current participants must be accepted without Evidence of Insurability for current amounts of coverage. Likewise, newly hired employees are eligible for Basic Term Life benefits without providing Evidence of Insurability. 2.02 Continuity of Coverage A new carrier must agree to continue existing coverages for preapproved, presently insured employees for all in-force coverages. No one will be denied benefits solely by reason of a change in insurers. 2.03 Employer Contribution The Group pays 100% of the premium for the Basic Life. Supplemental life is at the employee’s expense, collected through payroll deductions. 2.04 Plan Design to Quote We are requesting that carriers submit quotes matching the current plan design. However, if you are unable to submit an exact match, we encourage you to submit your best offer.
