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FACTS ABOUT THE PLAN
- All active employees at time of enrollment of participating employers may enroll. Employees must be "actively at work".
- The plan will pay a benefit in addition to other insurance plans.
- The plan is completely voluntary, and can be terminated at any time.
- If you cease to be a member you can convert your Group Decreasing Term Life Insurance to a Prudential individual life policy within 31 days following termination of insurance. Dependent term life coverage can also be converted if you cease to be a member or you die.
- Benefit checks of $5,000 or more are deposited in a special interest bearing checking account, on which the beneficiary can write checks immediately after the claim is approved.
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