Dependent Life pays a benefit to you if a covered dependent dies from any cause. Only dependents you enroll are covered. You may choose one of three plans:
- Plan A covers your spouse for your choice of $25,000, $50,000, $75,000, $100,000 $150,000 or $200,000 of coverage and each of your children for $10,000. You must enroll in the Optional Life plan to buy Plan A coverage. Spouse coverage over $50,000 requires evidence of good health and coverage cannot exceed the employee’s coverage amount. Plan A does not include AD&D benefits.
- Plan B covers your spouse and each of your children for $5,000. It includes AD&D coverage, which doubles your benefit if your dependent is killed in an accident and pays partial benefits if a covered dependent has certain serious injuries as the result of an accident. You must have Basic, Alternate Basic or Optional Life coverage to buy Plan B coverage.
- Plan C covers your spouse for 50% and each of your children for 10% of your Alternate Basic Life coverage amount. You must enroll in Alternate Basic Life to buy Plan C coverage. Plan C does not include AD&D benefits.
Accelerated Death Benefit: If you have Dependent Life coverage, you are eligible for the Living Access Benefit. If a doctor certifies that your dependent has less than 24 months to live, you may apply for immediate payment of up to 50% of your Dependent Life benefits. When your dependent dies, the remaining benefit is paid to you.
Naming a Beneficiary: You are the beneficiary for any dependent life coverage.
Waiver of Premium: If you become disabled, your premiums for Basic, Optional and Dependent Life may be paid by the A&M System up to age 65. To qualify, you must be actively employed, younger than 60, and able to submit proof of total and permanent disability.