Select New Coverage Level Subtask
Use this subtask to select a new life insurance election.
This subtask displays the life insurance plans that you can opt to elect.
Contents
| Field | Description |
|---|---|
| Select |
Select this check box to choose this insurance plan as your new coverage. |
| Plan |
This field displays the insurance plan. |
| Coverage |
This field displays the level of coverage of the plan (for example, "Employee," "Employee + 1," "Family,"). |
| Coverage Amount |
This field displays the amount of coverage of the insurance. |
| <Frequency> (Negative indicates "Cash Back") |
This field displays the premium amount of the insurance plan - coverage level combination, based on the (current) pay frequency ("Monthly," "Semi-Monthly," "Bi-Weekly," or "Weekly"). |
| Plan Information |
This field displays the plan information if available. If the plan information is not available, “N/A” displays in the field. |
| Start Date | This field displays the start date of the plan. |
| Evidence of Insurability |
If applicable, this field displays if the coverage option requires Evidence of Insurability (EOI). Valid values are:
|
| EOI Form Location | If applicable, this field displays the location where the employee can download or find a copy of the EOI form to fill out. |