The Universal Life Insurance Plan is a voluntary, employee-paid group term
life insurance plan offered by Provident & Accident Insurance Company. You
can choose to participate to supplement your employer provided life insurance.
You may select coverage for yourself, your spouse/spousal equivalent, and your
dependent children and grandchildren.
This plan is available to all regular employees
assigned to work at least 19.5 hours per week (.52-1.0 FTE). Coverage may be
selected on employee only, spouse only, children only or any combination
thereof. Not only does the plan provide life insurance; it also builds cash
When you terminate, retire, or go on
a leave of absence, you can continue the insurance by paying the premiums
directly to UnumProvident.
You may enroll for Universal Life coverage during
the first 30 after your hire date. After that, you may only enroll during one of
the yearly open enrollment periods. The dates are determined yearly and are
announced to all employees. If you choose to sign up for coverage, direct your
completed enrollment form to The Dyer Agency at (423) 877-0972. Their e-mail
address is DyerAgency@aol.com.
get information on benefit amounts, contact the Dyer Agency at (423) 877-0972.
You may also reach them by e-mail at DyerAgency@aol.com.
designate both a primary and a contingent beneficiary. You can change your
beneficiary by completing the beneficiary designation form in Human Resources.
You may change your beneficiary at any time.
The benefit is completely
paid for the participants of the plan by the amounts determined by the insurance
company. A payroll deduction option is available for premium