Department of Human Resources

DESCRIPTION:

Lincoln Financial is the college's provider of life insurance products. Effective July 2, 2007, Jefferson Pilot Financial Company merged with The Lincoln National Life Insurance Company. As a result of the merger, The Lincoln National Life Insurance Company became responsible for all of Jefferson Pilot Financial Insurance Company's legal obligations, including policies, contracts or certificates.

ELIGIBILITY:

All full-time employees are eligible.

ENROLLMENT:

Enrollment is upon hire to a full-time position.

BENEFITS:

The following benefits are paid for by your employer:

LIFE and AD&D

$20,000 Basic Life Insurance and AD&D (Accidental Death & Dismemberment)

Benefits will reduce as follows:

• 35% upon the attainment of age 65
• An additional 25% of the original amount at age 70
• An additional 15% of the original amount at age 75
• Benefits will terminate upon retirement

At the insured person's death, the amount of life insurance will be paid to the surviving beneficiary.

Long Term Disability Insurance

Benefit amount is 60% of your salary, up to $5000/month.

The policy does have a pre-existing exclusion.

CLAIMS:

Contact your Benefits Specialist for claim information.

QUESTIONS/CONTACT INFORMATION:

For questions about the benefits offered through this plan, contact your Benefits Specialist.

FORMS:

Beneficiary Change Form