Lincoln Financial
Voluntary Term Life Insurance + AD&D
You also have the opportunity to purchase additional life and AD&D coverage for yourself and your dependents at group rates. The chart below shows you the coverage available. Note: Spouse and child coverage is only available when the employee elects voluntary coverage for him or herself.
Voluntary Life Benefits at a Glance
| Amount | Guaranteed Issue | |
| Employee | $10,000 increments up to $300,000, not to exceed 5x salary | $200,000 |
| Spouse | $5,000 increments, up to $100,000, not to exceed 100% of employee’s benefit | $50,000 |
| Child(ren)* | Age 14 days to 6 months Age to age 26 (if unmarried) guaranteed coverage amount | $250 $10,000 |
| New Employees enrolling when first eligible receive $200,000 Guarantee Issue- without answering any medical questions. Employees can enroll or increase $20,000 each Annual Enrollment up to the Guarantee Issue Limits. 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. There is a benefit schedule payable if an accident results in the loss of eyesight, speech, hearing or a limb. |
| Spouse coverage can be increased 2 increments or $10,000 at each annual enrollment not to exceed $50,000. |
If the spouse is also employed at Heard County 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.
If both parents are employees, only one parent can cover the child(ren).
If you leave Heard County Schools, you may PORT your supplemental group life for any reason other than disability or retirement.
Certificates of Coverage
Employee Voluntary Life Certificate
PREMIUMS
Employee Monthly Premiums
| Age | Cost of $10,000 coverage |
| <25 | $0.83 |
| 25 – 29 | $0.90 |
| 30 – 34 | $1.04 |
| 35 – 39 | $1.32 |
| 40 – 44 | $1.74 |
| 45 -49 | $2.57 |
| 50 – 54 | $3.87 |
| 55 – 59 | $5.77 |
| 60 – 64 | $8.80 |
| 65 – 69 | $15.02 |
| 70 – 74 | $26.53 |
| 75 – 79 | $51.65 |
Spouse Monthly Premium
| Age | Cost of $5,000 coverage |
| <25 | $0.42 |
| 25 – 29 | $0.45 |
| 30 – 34 | $0.52 |
| 35 – 39 | $0.66 |
| 40 – 44 | $0.87 |
| 45 -49 | $1.29 |
| 50 – 54 | $1.94 |
| 55 – 59 | $2.89 |
| 60 – 64 | $4.40 |
| 65 – 69 | $7.51 |
| 70 – 74 | $13.27 |
| 75 – 79 | $25.83 |
Children
Dependent child coverage is $250 for 14 days to 6 months and increases to $10,000 for age 6 months to 26 for $4.43/month.