GET ADDITIONAL COVERAGE WITH NO MEDICAL QUESTIONNAIRE BEFORE MARCH 1st
University System of Maryland is currently offering a Special Enrollment period beginning February 1, 2017 through March 1, 2017 for Life insurance and Long Term Disability insurance. A letter was mailed last Friday from Unum including more details on your opportunity to enroll in additional coverage on a guarantee issue basis (no medical questionnaire required).
Life Insurance: The guarantee issue for employee life is increasing to $100,000 and $50,000 for spouse effective April 1, 2017
Long Term Disability: The monthly maximum benefit will be increasing to $10,000/month effective April 1, 2017
If you have not received/reviewed this communication, you can access your customized benefit website for an overview of the products being offered or to review your current elections by logging onto http://unuminfo.com/USM. If you are a first-time user, you will find information about how to log on to the website and establish a password.
If you would like to increase or enroll in additional coverage, you can update your elections online or complete the enrollment form available on the website or in the letter.
If you are satisfied with your current coverage, you do not need to take any action. Please note:
The current cost amounts listed on your Unum confirmation letter are monthly premiums
Effective April 1, 2017, rates for both Life Insurance and Long Term Disability will be decreasing by 10% so you may notice a reduction in your future premiums