LIFE INSURANCE Eligibility Effective Date of Coverage Change in pdf

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Critical Illness Benefit

LIFE INSURANCE also includes a Critical Illness benefit equal to $5,000. This additional benefit will pay insureds a lump sum amount (benefit may be taxable for Option 1 and is nontaxable for Options 2-13) upon the first-ever confirmed diagnosis of several life threatening covered illnesses or medical procedures including heart attack, open heart surgery, cancer, kidney failure, and stroke. Critical Illness insurance provides employees flexibility once a serious illness is encountered, which will avoid the need to access life savings for those expenses not covered by health insurance or disability. No enrollment is necessary to receive the Critical Illness insurance since it is part of the group life insurance policy.


Proof of Insurability
New hires or newly eligible employees applying for coverage requiring proof of insurability must complete a “Statement of Health” form. If all requested underwriting requirements are not completed within 90 days from the effective date of coverage, the application will be denied. The employee must wait until the next annual NUFlex enrollment to reapply for coverage.
Increasing coverage at the annual NUFlex enrollment requires the completion of a “Statement of Health” form. If all underwriting requirements are not completed by March 1, applications will be denied and the employee must wait until the next annual NUFlex enrollment to reapply for coverage.
Life insurance premiums for the total amount of coverage elected will be withheld beginning on the effective


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