How will my Voluntary Group Term Life insurance be affected during an unpaid leave of absence?
You can continue your group term life insurance coverage up to 12 weeks for FMLA, non-FMLA and military leaves. If you’re on a non-FMLA leave and are under age 70, you can continue your coverage under the portability option once your coverage period ends. You may also choose to convert your coverage to an individual whole life policy if you’re age 70 and over. For portability and conversion options, you are responsible for paying premiums directly to ReliaStar Life Insurance Company. Keep in mind, if your coverage during a non-FMLA leave is automatically terminated or you choose to terminate coverage, you’ll need to provide Evidence of Insurability (EOI) to have your coverage reinstated when you return to work. If you’re on a FMLA leave, you can only continue or terminate your coverage. If you wish to continue your coverage and you continue to receive a paycheck during any part of the 12-week FMLA period, the premium deductions will be deducted from your paycheck. If you don’t receive
Related Questions
- How can I enroll in Dependent Group Term Life Insurance (DGLI) or Voluntary Group Term Life Insurance (VGTLI)?
- What is the difference between voluntary group life insurance and individual term life insurance?
- How will my Voluntary Group Term Life insurance be affected during an unpaid leave of absence?
