Employer Paid Life Insurance
Each eligible employee is provided 1 X annual salary rounded to the nearest $1,000 with a minimum of $10,000 and a maximum of $50,000.
Premiums are paid 100% by Bibb County School District.
Benefits
Brochure of Group Life Benefits and Informational Website with claims filing
Age Reductions
The benefit reduces to 50% at age 70 if actively working.
Refer to the Certificate of Coverage for exact provisions and specifications.
Plan Details / Additional Benefits
Accelerated Death Benefit – provides up to 50% of the face amount if diagnosed with a terminal illness with a life expectancy of 24 months or less and which there is no reasonable chance of recovery.
Accidental Death provides 100% of the face amount if an accidental injury causes death within 180 days of the accident
Accidental Dismemberment provides up to 100% based on accidental loss or dismemberment of appendages, paralysis, coma.
Accidental Benefits provides amounts for seat belt, air bag, repatriation/transportation, child care, education, and occupational assault.
Conversion – Coverage can be converted to Whole Life Policy with no health questions at higher rates
Portability – Option to continue should you leave Bibb County School District with health approval from carrier. Rates are age banded and will continue to increase with age. Coverage terminates at 69.
