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Personal Life Insurance Plan
This section, together with the Administrative Information section and the applicable section about participation, forms the Summary Plan Description and plan document of the Plan.
Personal Life Insurance is a whole life insurance policy which you may purchase through Marsh Voluntary Benefits, a Marsh & McLennan Company, formerly known as Marsh @WorkSolutions.
This Plan, if elected, is in addition to your Company-paid Basic Life Insurance coverage and any optional term life coverages you have elected.
Through this voluntary Plan, you are covered by permanent insurance protection that also builds up a cash value with the insurer.
Effective December 31, 2006, Texas Life - a Met Life Company - will take over as the claims administrator for the Personal Life Insurance Plan. The contact information for the Plan will remain the same.
Employees and eligible family members who enrolled in the Personal Life Insurance Plan prior to January 1, 2007 will see no change to coverage or plan administration.
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that governs many employer-sponsored plans including this one. Your ERISA rights in connection with this Plan are detailed in the Administrative Information section.
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Benefits effective June 6, 2008
© 2008 Marsh & McLennan Companies. All Rights Reserved. |
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