Colquitt County Schools provides employer-paid basic life insurance for you through Prudential. The plan includes Accidental Death and Dismemberment coverage, or AD&D. If you pass away as a result of an accident, the plans also pay either the amount of your life insurance or a percentage for loss of limbs, speech, hearing, and more.
Colquitt County Schools also offers voluntary term life insurance for employees, spouses, and children through Prudential. Consider your current coverage and whether it would provide adequate protection for your family in the event of your death.
Benefit Reductions Due to Age
All life insurance options include a reduction of benefits beginning at age 65. Life insurance reduced to 65% at age 65, to 50% at age 70, and to 30% at age 75.
Colquitt County Schools provides all eligible employees a $10,000 life and AD&D benefit at no cost to you. The AD&D benefit provides an additional payment in the event of a death or loss of limb(s), speech, hearing, and more caused by a covered accident.
You may elect life and AD&D insurance in the amount of $10,000 to $40,000 in $10,000 increments, to supplement the employer-paid benefit.
You may elect a $10,000 life insurance benefit for your spouse, regardless of spouse age. The monthly cost for this coverage is $1.49 per month.
You may elect life coverage for your children up to age 26 (or disabled children with no limiting age) in the amount of $15,000 per child. The monthly cost for child life coverage is $.39, and this deduction covers all of your children.
In addition to the previously described employee-paid options, you may elect the below term life insurance coverage for yourself and your spouse.
Employee and Spouse Life Coverage Medical Underwriting: Enrolled employees who have not been previously denied coverage may increase coverage by $10,000 at this time with no health questions. All other elections for employees and spouses during Open Enrollment require an Evidence of Insurability (EOI) Form. An EOI Form may be obtained from the benefits website or the Benefits Service Center. Any pended elections will be noted on your Benefits Confirmation Statement.