Benefits at a Glance  

You have the opportunity to select additional life insurance on an individual basis to cover yourself, your spouse or your children.

If you have a Shenandoah Individual Life policy in force, CLICK HERE to view it's current status.

Universal Life Insurance is issued with premiums designed to be level for the life of the contract. Premiums do not increase with age.  Cash values accumulate on a tax-deferred basis at current interest rates.

Portability - Policies can be continued at the same rate even if you no longer work with Coweta County Board of Education.

Employee -Amounts available from $10,000 to $250,000

Spouse - Amounts available from $10,000 to $250,000.  Coverage not required on employee to cover spouse.

Children - Individual policy available for $10,000 or add a child rider to employee/spouse policy for $5,000 on each child.

Accelerated Death Benefit - The Universal Life policies include a rider that allows the owner to receive up to 50% of the death benefit if the insured is diagnosed with a terminal condition or enters a qualified institution for permanent care (nursing home).

Satisfactory evidence of insurability is required for all amounts of coverage on employee, spouse and/or children.

Sample Monthly Rates - Universal Life - Altis I

Female NON-SMOKER

Age	$10,000	$25,000	$50,000	$100,000
20	$9.16	$16.90	$29.80	$55.59
30	$10.87	$21.17	$38.34	$72.67
40	$14.13	$29.32	$54.63	$105.26
50	$19.03	$41.57	$79.13	$154.26
60	$29.49	$67.71	$131.42	$258.84

Male NON-SMOKER

Age	$10,000	$25,000	$50,000	$100,000
20	$9.98	$18.94	$33.88	$63.76
30	$11.69	$23.21	$42.42	$80.84
40	$15.38	$32.44	$60.88	$117.76
50	$21.33	$47.32	$90.63	$177.26
60	$33.71	$78.26	$152.51	$301.01

A child rider is available for $2.49 per month, per family.
Rider covers ALL children in the family for $5,000 each
Eligible children are natural, step or adopted children 15 days old up to age 18.
Coverage continues until child's age 25.

The above rates are SAMPLE RATES based on the ages shown.  The actual rates are based on the insured's exact age as of the issue date.

This plan is insured by Shenandoah Life Insurance Company of Roanoke, Virginia.  The above information is provided for illustration purposes only.  Refer to the policy contract for exact provisions and specifications.