This insurance is available to any teacher under contract. There is automatic enrollment for teachers on a full year fixed term, probationary, or permanent contract. This plan is cost shared with the employer 50/50
If a teacher opts out of the life insurance they will have to show proof of insurability to get back into the plan. If they are on a fixed term contract and sign out they will still be automatically enrolled if they get a new fixed term, probationary, or permanent contract.
Member Life Insurance, Member Accidental Death & Dismemberment, Dependent Life Insurance.
|Coverage||Member Life Insurance||$100,000|
|Member Accidental Death & Dismemberment||$100,000|
|Dependent Life Insurance||– $10,000 on Spouse|
|– $5,000 Each Dependent Child|
When a teacher turns 65 the plan turns to $15,000 coverage. There may be an opportunity to convert the rest but it is expensive. Contact Johnson for the rates.