Department of Human Resources

CONTENTS:                         Description
                                               Eligibility
                                               Enrollment
                                               Cost
                                               Benefits
                                               Claims
                                               Questions/Contact Information

DESCRIPTION:

FlexCo, Inc. is the administrator for the Critical Illness Insurance.  The policy is underwritten by American Heritage Life Insurance Company. This voluntary plan pays a lump sum benefit when diagnosed with a critical illness. Individual, single parent family or family coverage is available.

*Employee can authorize the payroll deduction to be pre-taxed (withheld before taxes rather than after taxes).  This reduces Federal, State and Social Security withholding thereby increases employee take home pay.

ELIGIBILITY:

All full-time employees are eligible to apply for coverage.

ENROLLMENT:

New Hires:  All full-time employees are eligible to apply for coverage upon hire.

Qualifying Family Status Changes:  Changes to coverage may be made within 30 days of a qualifying family status change.  Examples of a qualifying family status change are birth or adoption of a child, marriage and divorce.

Annual Open Enrollment:  Each fall there is an annual open enrollment period in which employee can add, cancel or change enrollment.

COST:

Internal information only.

BENEFITS:

• This plan pays a lump sum benefit when diagnosed with a critical illness.
• Premium is based on age at issue, tobacco status and basic benefit amount selected.
• Basic benefit amounts ($5000-$50,000) to meet individual needs.
• Premium deduction may be paid on a pre-tax basis.
• Benefits are paid directly to employee.
• Pays in addition to any other insurance.

CLAIMS: 

Contact FlexCo, Inc. for claim processing.

QUESTIONS/CONTACT INFORMATION:

For questions about the benefits offered through this plan, contact your Benefits Specialist or FlexCo, Inc. directly.

FlexCo, Inc.
Barry Roe, Patrick Hickman
Tel: 800-552-3605
Fax:  501-223-9034

Email:  flexcoinc@sbcglobal.net