People need term life insurance to cover immediate and short term needs. People need individual permanent life insurance to cover longer term needs, especially for those after retirement. Your employer is making it easy for you to apply for permanent life insurance in this open application period. Apply for permanent coverage based on the answers to these 3 questions:
During the last six months, has the proposed insured:
1. Been actively at work on a full time basis, performing usual duties?
2. Been absent from work due to illness or medical treatment for a period of more than five consecutive working days?
3. Been disabled or received tests, treatment or care of any kind in a hospital or nursing home or received chemotherapy, hormonal therapy for cancer, radiation therapy, dialysis treatment, or treatment for alcohol or drug abuse?
You may also apply for coverage on your spouse/domestic partner, children and grandchildren on the same underwriting basis.
All full-time employees are eligible to apply (unless you’ve previously applied and been declined coverage).
Pay through the convenience of payroll deduction.
Like most life insurance policies, Texas Life policies contain certain exclusions, limitations, exceptions and terms for keeping them in force.
Texas Life Beneficiary Change Form