We know that it can be hard to think about what will happen if you are no longer here with your loved ones – but it’s important. Take some time now to make sure your loved ones will be provided for and help prevent financial hardships if the
unexpected happens.
Your employer provides you with Basic Life insurance, but you can get additional peace of mind by purchasing Supplemental Life Insurance. This additional life insurance can ease financial hardships during a very difficult time.
Visit Securian Financial, our benefit provider’s website, where you can:
There are certain situations that provide you the opportunity to purchase supplemental life insurance without providing evidence of insurability.
For example, new workers and those who experience certain life-changing events have guaranteed coverage available for a limited time during which you and your family members can purchase insurance regardless of your medical history. If you’re not in good health, this may be one of the best and most reasonably priced ways to purchase coverage.
Your Basic Life coverage may not be enough to take care of your family, especially if you own a home or have children. By purchasing additional insurance, you can help pay for college tuition, pay off debt or provide a cushion for unexpected expenses.
Additional life insurance through Concordia Plans can be an easy way to protect your family, and you’ll have the convenience of having your premiums deducted from your paycheck.
If you leave your employer, you can take your supplemental life insurance with you and be directly billed for your coverage. In addition, you may have the opportunity to convert your Basic Life coverage to an individual life policy. This flexibility means your life insurance is not tied to your employer.
In addition to self-coverage, you can get Supplemental Life Insurance for your spouse and children.
If you have questions, contact our Customer Care team at 888-927-7526.
Purchase Supplemental Life Insurance
Within 60 days of being hired or experiencing a life-changing event, you can purchase guaranteed Supplemental Life insurance (no medical records required). Otherwise, you can purchase any time without guaranteed approval, so you will need evidence of
insurability. Log in to your Member Portal and click on “Benefits Management.” Under the "Any Time Change" heading, select "Voluntary Benefits Change"
from the menu. Follow the prompts to enroll or update your coverage.