What is the significance of an “initial enrollment” for the supplemental life insurance benefits?
During this initial period (Oct. 15 – Nov. 15, 2007), MetLife is offering a one-time opportunity to elect or incrase supplemental life coverage by one multiple of salary (up to $500,000) without providing evidence of insurability. If you continue or elect supplemental life coverage, you may also elect dependent spouse life insurance up to $30,000 without providing evidence of insurability. Additional increases are subject to a streamlined evdidence of insurability process during this initial offering period only.
