Benefits At A Glance
This life insurance plan provides financial protection for your beneficiary(ies) by
paying a benefit in the event of your death. The amount your beneficiary(ies)
receive(s) is based on the amount of coverage in effect just prior to the date of
your death according to the terms and provisions of the plan.
EMPLOYER'S ORIGINAL PLAN
EFFECTIVE DATE: January 1, 2002
IDENTIFICATION NUMBER: 585068 011
ELIGIBLE GROUP(S):
All Residents, Interns and Fellows in active employment in the United States with
the Employer
MINIMUM HOURS REQUIREMENT:
Employees must be working at least 30 hours per week.
WAITING PERIOD:
For employees in an eligible group on or before January 1, 2002: None
For employees entering an eligible group after January 1, 2002: None
REHIRE:
If your employment ends and you are rehired within 1 year, your previous work while
in an eligible group will apply toward the waiting period. All other Summary of
Benefits' provisions apply.
WHO PAYS FOR THE COVERAGE:
Your Employer pays the cost of your coverage.
ELIMINATION PERIOD:
Premium Waiver: 9 months
Disability-based benefits begin the day after Unum approves your claim and the
elimination period is completed.
LIFE INSURANCE BENEFIT:
AMOUNT OF LIFE INSURANCE FOR YOU
$50,000
AMOUNT OF LIFE INSURANCE AVAILABLE IF YOU BECOME INSURED AT CERTAIN AGES OR
HAVE REACHED CERTAIN AGES WHILE INSURED
If you have reached age 70, but not age 75, your amount of life insurance will be:
65% of the amount of life insurance you had prior to age 70; or
65% of the amount of life insurance shown above if you become insured on or after age 70 but
before age 75.
There will be no further increases in your amount of life insurance.
If you have reached age 75 or more, your amount of life insurance will be:
50% of the amount of life insurance you had prior to your first reduction; or
50% of the amount of life insurance shown above if you become insured on or after age 75.
There will be no further increases in your amount of life insurance.
SOME LOSSES MAY NOT BE COVERED UNDER THIS PLAN.
OTHER FEATURES:
Accelerated Benefit
Conversion
Portability
The above items are only highlights of this plan. For a full description of your coverage, continue
reading your certificate of coverage section.
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