Employee Life Options Plus (ELOP) Insurance
Guaranteed Issue Voluntary Purchased Permanent
Available to most employer groups with 25 or more employees
No regulatory requirements - no participation requirements
No direct cost to employer
All employees are eligible who are working full time and are between the ages of 18 and 72
No medical questions or physical are necessary within the guaranteed issue amounts
Policy is portable with no changes in rate or coverage
Coverage is available for a spouse whether or not the employee applies
One health question for spouse
Optional Riders include Children’s Term Rider, Accidental Death Benefit, Payor Waiver of Premium, Level Term Rider, and a Catastrophic Loss rider
Tobacco/Non-Tobacco rates and blended rates available
Other Employee Supplemental Coverage
Employee Disability Option Plus (EDOP)
Short-term & Long-term Benefits Plans
Non-Occupational or 24 hour coverage for accidents and sickness
Multiple elimination periods and benefit durations to meet employer and employee needs
Waiver Premium
Disabled and Working Benefits
Mental Illness & Drug/Alcohol Benefit
Guarantee Issue available for qualifying groups
Maximum flexibility in plan design features and underwriting
Options for Pre-Existing Conditions, Portability, Offsets and many other optional features…Please ask for more information!
Employee Accident Option Plus (EAOP)
Choice of 24 hour coverage or off the job only coverage
Indemnity amounts payable for many triggers such as: Hospitalization, Emergency Room, AD&D, Transportation, Follow-up Care, Burns, lacerations, fractures, dislocations
Optional Riders for Hospital confinement due to Sickness, Enhanced Emergency Room Benefit, Wellness Benefit, Enhanced Physician Office/Urgent Care Benefit and Occupational HIV Benefit
Guarantee issue on the base plan for eligible employees, spouse and children
Policy is portable should the employee leave his/her employer
Employee Critical Illness Plus (ECIP)
Pays 100% of the benefit amount for the diagnosis of the many covered conditions, Includes Cancer, Heart Attack, Stroke, End Stage Renal Disease, Major Organ Transplant, Coma, Paralysis, Severe Burns, Loss of Sight, Speech or Hearing, Alzheimer’s Disease, Amyotrophic Lateral Sclerosis (ALS) and Benign Brain Tumor
Pays 30% of the benefit amount for the Coronary Artery Bypass, Angioplasty, and Stent Insertion and Carcinoma In Situ
Children are covered to age 26 regardless of the material or dependency status - a 25% benefit is automatically included at no additional charge
Children have additional coverage for a new diagnosis of childhood conditions - Cerebral Palsy, Cystic Fibrosis, Down Syndrome, Spina Bifida and Cleft Palate/Lip
Includes a one-time Skin Cancer benefit of $300
Cancer benefit can be carved out to work with other coverages in place
No lifetime maximum - includes benefits for recurrences and additional occurrences
Coverage has a 30 day waiting period starting from the application date. The 30 day waiting period is not applicable in some states
This is a limited benefit plan
Maximum flexibility in plan design features and underwriting!
Riders available for Health Screening tests, Genetic Screening test, Occupational HIV and our new Extended Loss Rider (for Inpatient Confinement of 30 days or more)