Employees may elect to enroll in either Voluntary Group Term Policy within 30 days of their hire date, within 30 days of a qualified life event, or during annual enrollment each year. Changes to coverage can only be made during annual enrollment or within 30 days of a qualified life event (death, birth, marriage, divorce, etc.). If enrollment is completed outside of the newly hired initial 30-day eligibility period, medical underwriting/qualification will apply.

Coverage will end on the last day of the month in which your employment terminates, your employment status drops below eligibility criteria, or your dependent is no longer eligible.

MetLife Group Term Life

• Enroll or change coverage by completing a MetLife Enrollment/Change Form
• If seeking coverage for a domestic partner a Domestic Partner Declaration form must be completed.
• As a new hire, if seeking greater than 3 times your base salary (up to $500,000), a Statement of Health form must completed and turned in to the HR Benefits Office.
• As a new hire, if seeking greater than $50,000 in spouse/domestic partner coverage, a Statement of Health form must completed and turned in to the HR Benefits Office.
• Adding or changing coverage outside of the newly hired initial 30-day eligibility period requires a Statement of Health form for both you and your spouse/domestic partner coverage.

NC Flex Group Term Life

• To enroll, go to the MyPack Portal and log in. Under the Employee Self Service tiles>Click on the Benefit Details tile>Click on Enroll in Benefits (on the left–make sure your pop up blocker is off).  You will be logged in to the online enrollment system.
• As a new hire, if seeking greater than the guaranteed issue of $200,000, Evidence of Insurability (EOI) will be required. NCFlex will send the EOI directly to you.
• As a new hire, if seeking greater than $50,000 in spouse coverage, Evidence of Insurability (EOI) will be required. NCFlex will send the EOI directly to you.
• Adding or changing coverage outside of the newly hired initial 30-day eligibility period requires Evidence of Insurability (EOI) for both you and your spouse.  NCFlex will send the EOI directly to you.
  

NCFlex Group Term Life

The NCFlex Group Term Life Insurance is offered to all eligible state employees through the NCFlex program.  This plan is administered by the State of North Carolina in conjunction with VOYA Financial.  It provides death benefits to employee-designated beneficiaries.  This plan provides coverage for employees, spouses and children up to age 26.  Deductions for this plan are taken on a pre-tax basis if employee-only coverage is elected and taken on an after-tax basis if spouse or child coverage is elected. Rate changes based on age bands change in January of each year and are based on age as of December 31 of the previous year. You may request coverage up to the maximum amount. The amount requested over the guaranteed issue amount is subject to approval by Voya Financial and requires Evidence of Insurability (EOI)

Coverage Amounts

• Employee Coverage:  $20,000 up to $ 500,000 in $10,000 increments.
• Spouse Coverage: $10,000 up to $500,000 in $10,000 increments (may not exceed the employee’s elected amount).
• Child Coverage: $10,000 or $5,000
  • All eligible dependent children are covered under one plan at the same premium amount.

Guaranteed Issue

As a new employee, within your first 30-days of being hired you may enroll in a guaranteed issue amount of coverage without a EOI. During annual enrollment those already enrolled in NCFlex Life Insurance may increase Employee and Spouse coverage on a guaranteed issue basis by $10,000 or $20,000 up to the guaranteed issue amount.

• Employee Coverage: $200,000
• Spouse Coverage: $50,000
• Child Coverage: $10,000 or $5,000 (no EOI required)

Evidence of Insurability (EOI)

Evidence of Insurability (EOI), approved by Voya Financial, is required for:

• Coverage elections greater than the guaranteed issue amounts
• Applicants previously denied coverage by Voya Financial under this plan

Continuation Options

NC Flex Group Term Life Insurance, dependent term life insurance and voluntary group term life insurance coverage ends upon your termination from the university or loss of eligibility. You may be able to continue all or a portion of your insurance or convert to an individual policy. Please see the below documents for coverage continuation.

Continuation Notice

Additional Group Term Life Benefits

• Disability Waiver of Premium:  If you become totally disabled prior to age 60 the life insurance premium is waived. This includes spouse and
  child(ren) coverage.
• Funeral Planning and Concierge Services: Allows you to contact professionals who can help with funeral planning for yourself and eligible
  family members.
• Accelerated Death Benefit: You and your spouse may be eligible to receive 50% of the Group Term Life benefit, up to a maximum of $250,000,
  while living if you are:
  • Diagnosed with a terminal illness and have fewer than six months to live.
  • Diagnosed with a condition requiring continuous confinement.

For more information on this plan, please visit the NCFlex Group Term Life Insurance Website.