Life and Disability Plans

Life Plans and Options

Financial planners recommend the average individual carry as much as 10 times his or her annual salary in life insurance to leave to surviving dependents.* Southern National Life, a subsidiary of Blue Cross and Blue Shield of Louisiana, offers group term life insurance to groups with two or more eligible employees. Eligible employees include all full-time, active employees working 30 hours or more per week. When life coverage is selected, Accidental Death and Dismemberment is automatically included at the same benefit amount for the employee. Groups may choose to insure all employees at the same benefit amount or differentiate benefit amounts based on job levels. A minimum of 75 percent of eligible employees is required for initial and ongoing enrollment. If the employer contribution is 100 percent, then 100 percent of eligible employees must enroll. Plans may be customized depending on group size and type.

Features

• Flexible premium options
• Dependent coverage
• Guaranteed issue for employees during initial eligibility
• Accidental Death and Dismemberment is included with term life
• Waiver of premium available under terms of contract
• Conversion privilege - eligible employees and covered dependents may apply for individual coverage with no underwriting should their life insurance coverage end (only applies to group term life, not Accidental Death and Dismemberment)
• Convenience of payroll deduction

Options

• Life covers all eligible full-time active employees working 30 hours or more per week
• Minimum of 75 percent of eligible employees is required for initial and ongoing enrollment. If the employer contribution is 100 percent, then 100 percent of eligible employees must enroll. 
• Short-Term Disability covers eligible employees beginning the 1^st, 8^th or 15^th day for accidents and for sickness
• Benefits are payable for non-occupational disabilities up to a maximum of 13 to 26 weeks
• Pregnancy coverage is optional
• A minimum of 75 percent of eligible employees is required for the initial and ongoing enrollment
• If the employer contribution is 100 percent, then 100 percent of eligible employees must enroll

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Contact Information
Southern National Life - Phone: 225.295.2525 or 800.376.7734

Group Term Life/Accidental Death and Dismemberment Insurance Policy refers to contract # 48XX1013. This description is not a contract and is not to be construed as a contract. It is for information only.
*American Council of Life Insurers, 2006.