Lincoln Financial
Benefits at a Glance
Beyond what is provided by Calhoun City Schools, employees can elect additional group life insurance for themselves, their spouses, and their children.
Supplemental life policies include the same amount of AD&D coverage as elected life insurance.
During Annual Enrollment Periods, Employees can increase $20,000 in Supplemental Life Insurance,
Spouse can increase $10,000. Employee and Spouse can both increase without having previous coverage. Coverage increases are available if you have not been previously declined.
This benefit includes an equal amount of Accidental Death & Dismemberment coverage (AD&D), that will pay an additional equal amount in the event of a fatal accident.
Your cost may be waived if you are totally disabled for a period of time.
If the spouse is also employed at Calhoun City Schools, they may not be covered as both an employee & spouse.
Dependent coverage is only available if the employee is insured for the Employee Group Supplemental Life coverage.
Plan Documentation
Premiums
Employee Monthly Premiums
Life + AD&D
| Age | Cost of $10,000 coverage |
| <25 | $0.68 |
| 25 – 29 | $0.76 |
| 30 – 34 | $0.92 |
| 35 – 39 | $1.27 |
| 40 – 44 | $1.72 |
| 45 -49 | $2.60 |
| 50 – 54 | $3.93 |
| 55 – 59 | $5.82 |
| 60 – 64 | $8.62 |
| 65 – 69 | $14.41 |
| 70 – 74 | $25.45 |
| 75 – 79 | $51.36 |
Spouse Monthly Premium
Life + AD&D
| Age | Cost of $5,000 coverage |
| <25 | $0.305 |
| 25 – 29 | $0.34 |
| 30 – 34 | $0.405 |
| 35 – 39 | $0.55 |
| 40 – 44 | $0.74 |
| 45 -49 | $1.105 |
| 50 – 54 | $1.66 |
| 55 – 59 | $2.445 |
| 60 – 64 | $3.615 |
| 65 – 69 | $6.025 |
| 70 – 74 | $10.625 |
| 75 – 79 | $21.42 |