Life and AD&D Insurance

If You Become Disabled

WAIVER OF PREMIUM IN EVENT OF TOTAL DISABILITY

We will extend the Amount of Insurance during a period of Total Disability for one (1) year if:

1. the Insured becomes totally disabled prior to age 60;
2. the Total Disability begins while he/she is insured;
3. the Total Disability begins while this Policy is in force;
4. the Total Disability lasts for at least 6 months;
5. the premium continues to be paid; and
6. we receive proof of Total Disability within one (1) year from the date it began.

After proof of Total Disability is approved by Prudential, neither you or the Insured is required to pay premiums. Also, any premiums paid from the start of the Total Disability will be returned.

We will ask the Insured to submit annual proof of continued Total Disability.

 Additional information can be found in the Certificate Of Insurance. 

Option to Accelerate Payment of Death Benefits

TERMINALLY ILL EMPLOYEE

If the Insured qualifies for benefits in accordance with the Waiver of Premium in Event of Total Disability

 Definitions:

• Terminally Ill Employee: An employee whose life expectancy is 12 months or less.
• Terminal Illness Proceeds: The amount of Employee Term Life Insurance that you may elect to place under this option. The Terminal Illness Proceeds are equal to 90% of the amount in force on your life on the date Prudential receives the proof that you are a Terminally Ill Employee, but not more than $500,000, or less than 25% of the amount in force or $50,000. However, the Terminal Illness Proceeds may be reduced if, within 12 months after the date Prudential receives such proof, a reduction on account of age would have applied to the amount of your Employee Term Life Insurance. In that case, the amount of the Terminal Illness Proceeds may not exceed the amount of such Insurance after applying the reduction.

Additional information can be found in the Certificate Of Insurance. 

For additional information, contact Prudential at 1-800-778-2255 or see the Prudential Life Program Booklet below:

Currently Located at: http://schooldistrictbenefits.com/christina/forms/52800,%20BGL-BADD,%20All%20Active%20Full%20Time%20Employees,%20Ed%2006,%201.pdf