2011 Open Enrollment for Life and AD&D Insurance |
| Open Enrollment available until February 28, 2011 | | NYSCOPBA offers our Members Term Life and Accidental Death & Dismemberment (AD&D) insurance through payroll deduction. Members may apply for Term Life and AD&D insurance at any time, however during the open enrollment period members who have never applied for coverage may enroll without any medical questions. Members who currently are enrolled may increase their coverage by 1 level, again with no medical questions. |
| | Members who currently participate: | | You will be mailed the necessary information and forms to increase your life insurance 1 level and/or add spousal and child coverage. If you do not receive the forms by mail, you may call Norvest Financial Services at (888) 869-8252 and have the forms mailed to you. | | Increase Limits | Members may increase their life insurance 1 level ($50,000) to a maximum of $300,000
Members may increase their spouse life insurance 1 level ($25,000) to a maximum of $50,000
Existing participants who do not currently have spouse and child coverage may purchase coverage subject to the following limits: Spouse $50,000, Child(ren) $4,000
Effective date of increase will be when the new premium is reflected in your pay check |
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| | Members who DO NOT currently participate: | | You will be mailed the necessary information and forms to enroll. You may download the necessary forms from Norvest's web site here......Please note, you must log in to Norvest's website to access the forms. Your username is your last name and the password is the last 4 of your SSN. If you have any other questions, feel free to contact Norvest Financial Services at (888) 869-8252. | | Coverage Limits | First time participants may purchase up to: Members $300,000, Spouse $50,000, Child(ren) $4,000
AD&D coverage is also available |
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