Having the right amount of life insurance can help protect your loved ones and provide for their future.
Eligible Team Members are provided with basic employer-paid life insurance and also have the option of purchasing additional supplemental coverage.
A beneficiary is the person or people you choose to receive payment of your life insurance upon your death.
- Naming them establishes your plan as a legal contract – in fact, these beneficiaries are actually honored over whomever you've named in your will. Without naming them, your benefits may have to go through the court system, significantly delaying transferring funds to your loved ones.
- To complete your enrollment, you must have a current beneficiary on file. You can change them at any time by accessing the Beneficiary Designation form through the Human Resources page on CLICK.
For new employees to Carle, or those newly eligible for benefits, life insurance is guaranteed issue within the first 31 days of employment
- After day 31, if you would like to increase your Supplemental Life Insurance amount, or add Dependent Life Insurance for a spouse, you must complete an Evidence of Insurability Form and Benefit Change Form and submit them to Carle Benefits. It will then be sent to the insurance carrier for underwriting approval or denial.
- Dependent children do not have to complete an Evidence of Insurability Form or be approved by the insurance carrier to add life insurance.