Proprietary 8-22 AD&D insurance This insurance is payable for loss of limb, eyesight, speech, hearing, life, or paralysis caused by an accident. The full amount is paid for loss of life, total and irreversible paralysis of all four limbs, brain damage, and loss of speech and hearing. A percentage of the full amount is paid for loss of limb, eyesight, speech, or hearing and loss of the thumb and index finger of the same hand. Total disability benefits You are eligible to continue the amount of your group life insurance without premium payment if you become totally disabled under the “extended death benefits during total disability” provision of the plan. To port coverage, you must do so within 31 days of being disabled. Upon termination of appointment or work for an agent or district manager, the death benefit is extended for one year as long as coverage was in force on the date disability occurs. If the participant was covered less than a year, the death benefit is extended for the length of time coverage was in force. Premium is waived. Disability must occur before age 60. The extension ends 12 months from the termination of coverage. The 31-day portability option is available when coverage terminates. Note, portability conversion is not available at the end of the extension period. n DM & agents, total disability must start before the participant attains age of 65. n Staff of agents or DMs, total disability must start before staff member attains age of 60. Upon Termination of employment, death benefit is extended for one year as long as coverage was in force on date disability occurs. If the employee was covered less than a year, death benefit is extended for length coverage was in force. Premium is waived. Disability must occur before age 60. Extension ends 12 months from termination of coverage. The 31 day portability option is available only when coverage terminates. Note, portability conversion is not available at the end of the extension period. n DM & Agents — total disability must start before Agent attains age of 65. n Staff of Agents — total disability must start before Agent attains age of 60. Submitting a claim Contact the Farmers Agent Benefits Department if you need to submit a life insurance claim. If the Farmers Agent Benefits Department is not notified of a claim, premiums will continue to be charged. In most cases, basic life insurance claims should be processed by the carrier within 10 business days after receipt of all required paperwork. Portability Portability is a feature available with your life insurance and AD&D benefits. If you are eligible and you choose to port your coverage when you leave, you can continue group coverage at your 5
RkJQdWJsaXNoZXIy NzQzMzY=