Got life insurance?

The PEBB Program gives members a one-time “do-over” to sign up for life insurance

MetLife will partner with the PEBB Program as the new life insurance carrier starting Jan. 1, 2017. During this transition, you can enroll in or increase your life insurance coverage during MetLife’s special, one-time open enrollment opportunity from Nov. 1-30, 2016.

This is an exciting opportunity to enroll in or increase your optional life insurance without answering health questions and/or having a medical exam. Life insurance for you and your dependents is guaranteed up to certain amounts, even if you’ve been turned down before due to health reasons.

Employee Basic Life Insurance increases from $25,000 to $35,000 at no cost to you. You do not need to take action to increase this coverage; it will increase automatically on Jan. 1, 2017. Employee Basic Accidental Death and Dismemberment (AD&D) Insurance remains at $5,000 at no cost to you.

In late October, MetLife will mail an enrollment packet to you. You can also create an account on MetLife’s MyBenefits portal at http://www.mybenefits.metlife.com/wapebb starting Nov. 1, 2016. To take advantage of this special, one-time enrollment opportunity, MetLife must receive your completed enrollment form or your online elections by Nov. 30, 2016.

For more information on your benefits check out the PEBB home page or the latest issue of the For Your Benefit State/Higher-Education Edition.

Source: HCA, Public Employees Benefits Board Program