Benefits at a Glance
Premiums are paid 100% by the Troup County Board of Education.
Board Paid Benefit Amount per employee is $25,000.
Benefits
All employees are provide a $2500 life insurance policy while employed with Troup County Schools.
Additional Benefits
Accelerated Death Benefit – If an insured person is diagnosed with a terminal illness, as defined in your certificate, he/she may be eligible to request early payment of the life insurance in force.
Waiver of Premium – If you become totally and permanently disabled, according to the terms of your certificate, life insurance premiums may be
waived.
Portability – allows insureds to continue coverage if they terminate or retire, due to non-medical/disabilty.
Additional Lifestyle Benefits
Ochs Inc, through Securian Financial offers additional services at no cost to employees. This is in addition to the Employee Assistance Program offered with Voya Financial.
Flyer of Available Support Options
There is no additional fee or enrollment for these resources. Just access them as you need them. Lifestyle Benefits are automatically available to active U.S. employees insured with Securian Financial. Your spouse and insurance-eligible children can also use these resources, even if they are not insured with us.
Plan Design
The Ochs Benefit includes an equal amount of AD&D with following additional benefits:
| Seat Belt | 20% max of $20,000 |
| Air Bag | 10% max of $10,000 |
| Coma | 1% for 100 months |
| Dependent Education | 5% up to 4 consecutive years to $5,000/yr. – spouse or child |
| Child Care | 3% up to 4 years to max of $3,000/yr. |
| Disapperarance | Benefit Paid |
| Exposure | Benefit Paid |
| Felonious Assault | the lesser of 25% or $25,000 |
| Repatriation | the lesser of $5,000 or actual cost |
Certificate of Coverage
Employee Certificate of Coverage – Minnesota Life/OCHS 1/1/2019 – 12/31/2023