Group Life/AD&D
Basic Term Life Insurance:
Basic Term Life Insurance, which is paid for by Polk School District, provides you with a certain level of coverage for your loved ones in the event of your death. Your designated Beneficiary would receive this benefit which could be used for funeral and other expenses they may face.
- Basic Life Summary – Administrators
- Basic Life Summary – Teachers/Clerical
- Basic Lief Summary – All others
- UNUM How to file a life insurance claim
Voluntary Life/AD&D
It’s not easy to think about how our loved ones will survive financially should we no longer be with them. Although Basic Life Insurance does provide them with some benefit in the event of our death, will that be enough? Unfortunately, when a primary wage earner passes away, 34% of households would have immediate trouble paying everyday living expenses; 29% could cover everyday living expenses for only several months; and only 36% could cover everyday living expenses well into the future.1 While there are many different ways to estimate how much money your dependents may need, we suggest a combined amount of term life insurance that is five to eight times your annual income as a good starting place. Again, this is an estimated amount of life insurance coverage you and your family could consider. A complete financial plan for your family should take into account your specific circumstances including your debt, other obligations, available resources and many other factors.
- Voluntary Life/AD&D Benefit Summary
- Portability vs. conversion information
- Portability Form
- Portability Rates
- Conversion Form
- Evidence of Insurability form
- Voluntary Life/AD&D Claim form
- Waiver of Premium Form
- UNUM How to file a life insurance claim
Important Links & Contact Information for Basic and Voluntary Life Insurance provided by UNUM
- UNUM Online Member Services
- UNUM Customer Service: 1-866-679-3054
- UNUM Address: Six Concourse Parkway Suite 2700 Atlanta, GA 30328
- Group number for basic life/AD&D 226711
- Group number for voluntary life/AD&D 226712
- Group number for disability412108
Whole Life Insurance:
While Term Life Insurance is an important benefit to maintain through your working years, Whole Life Insurance can also provide you with an additional level of Life Insurance coverage. Typically the premium for Whole Life insurance is fixed so your cost will not increase for the life of the policy. Whole Life insurance not only helps pay for final expenses it can also potentially accumulate cash value where, over time, you could borrow from that cash value. Whole Life Insurance will continue to be offered by Unum for the 2018 plan year.
Important Links & Contact Information for Whole Life Insurance provided by Unum
- Unum Online Member Services
- Unum Customer Service: 1-866-679-3054
- Unum Address: Six Concourse Parkway Suite 2700 Atlanta, GA 30328