Stone County School District
VOLUNTARY TERM LIFE AND AD&D INSURANCE
What is Voluntary-Term Life and Accidental Death & Dismemberment Insurance?
Proceeds can be used to replace lost potential income during working years and help ensure your family’s financial goals will still be met; goals like paying off a mortgage, keeping a business running, and paying for college. AD&D coverage is included as a part of life insurance benefits and will pay out a lump-sum death benefit in the event you or a covered loved one are killed accidentally or die later as the direct result of an accident.
Plan Rules:
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Eligibility: All full-time employees working 20+ hours/week, spouse and children* (up to age 26)
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Coverage through Mutual of Omaha
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Employee must be actively at work on the effective date of coverage
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Only covered employees may elect dependent coverage
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Employee and Spouse cannot be double covered if both work for Stone County School District. Children cannot be covered by both parents, if both work for Stone County School District.
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Dependent coverage may not exceed employee coverage amounts; Dependents may not be double covered
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If electing for the first time outside of the initial open enrollment period or for an amount over the Guaranteed Issue Amount, health questions will be required
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*Child marital status does not impact benefit eligibility
Contact Campus Benefits for assistance with claims.
Email: mybenefits@campusbenefits.com
Call 1-866-433-7661, option 5
Plan Rates:
Cost of coverage is based on the level of benefit you choose and your age. Spouse rates are based on employee’s age. Please contact a Campus Benefits counselor for rate details.