Proprietary 8-23 4 MetLife Basic Life and AD&D Insurance Plan Coverage options for agents and district managers During the first year that you are eligible for coverage as an agent or district manager, you may elect benefit options of $50,000, $100,000, $150,000, $200,000 or $250,000 if you request this coverage within 31 days after you become eligible. On your first year anniversary, you will be able to elect insurance coverage in $50,000 increments, up to $1,200,000, not to exceed 8 times annual commission. The amount available to enroll without providing evidence of insurability is dependent on your age. If you apply for more than the level provided for your age, you must complete a MetLife Evidence of Insurability form and carrier approval for the amount over the indicated level must be granted.* All other classes are eligible for the amounts of coverage indicated on page 6. Evidence of insurability is required for any amounts above $150,000 when initially eligible. All amounts and increases require evidence of insurability after the initial enrollment opportunity. If you want to change the amount of your life insurance, call the Farmers Agent Benefits Call Center for information. You may be required to submit evidence of insurability. You may also be required to submit medical evidence at your expense. Covering your family You can select life insurance for your spouse or child(ren) only if you elect life insurance for yourself. If you elect any amount or increase your spouse coverage after you are initially eligible, evidence of insurability is required. For spouse coverage, life and AD&D insurance terminates at age 70 and dependent children are eligible until age 26. The termination of coverage will occur on the January 1 following your spouse’s 70th birthday. Dependent children life and AD&D coverage will terminate on the first of the month following your child’s birthday month. Spouse and child(ren) benefits will also terminate upon the death of the active or former agent or district manager. The monthly cost for child life insurance is a flat rate, regardless of the number of children that you cover. Additional benefits When you enroll for life and AD&D insurance, you are automatically covered for an additional 100% of AD&D insurance if your death is caused by an accident while riding in a common carrier. The AD&D benefit is payable in addition to life benefits. If you die in a covered accident while driving or riding in a private passenger car and you were properly using a seat belt, an additional 10% of the principal sum of AD&D coverage is payable (not to exceed $25,000). Evidence of insurability If you do not return the Evidence of Insurability form, depending on what you have requested, you will be prevented from increasing your amount of coverage until the form is received and approved. Also, if you do not apply for benefits within the first 31 days of eligibility and do not return the Evidence of Insurability form, then you will not have coverage until that form has been submitted and approved. Group life coverage may be reduced depending on fluctuating annual commissions. Agent and district manager commissions are reviewed annually. Group Life coverage and premium may be reduced to avoid exceeding 8x annual commission. * If you apply for any increase after the 31-day window following your first-year anniversary, you must complete a MetLife Evidence of Insurability form for any request, and carrier approval for the requested amount must be granted. Your increase request can be made in $50,000 increments, up to a maximum request of $1,200,000, and is subject to a limit of eight times your prior year’s annual net commissions. MetLife will notify you of its decision regarding your request. plans
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