Basic Group Term Life Insurance

No. The group plans offered through the CCPU Health Care Fund are term life insurance only. As long as you are active in the Health Care Fund, providers don’t have a ‘term’ age/requirement. It comes into effect if a provider leaves the Health Care Fund and wishes to continue paying for the policy, subject to new rates and rules. Whole life coverage is not available under the group plan.

You cannot keep the free basic group life insurance ($50,000) if you retire or leave the Fund—it ends when your eligibility ends. However, if you purchased voluntary life insurance, you may be eligible to convert it into a whole life policy and take it with you.

You are allowed a 3-month grace period (one quarter). If you lose a subsidized child, you have up to 3 months to regain eligibility by accepting another subsidized child. Your benefits will not be canceled during this time.

This is true life insurance, not just accidental death coverage.

• It does include benefits for accidental death and dismemberment
• There is a list of qualifying accident types
• In the event of death, your family would need to submit a claim form and a death certificate
• If your death is an accidental death or dismemberment claim, your beneficiary may also need to submit a copy of a police report with your claim submission

The basic $50,000 policy ends when you are no longer eligible (e.g., retirement, loss of subsidized child, or no longer in the Fund).

• This policy is paid for by the CCPU Health Care Fund and only applies while you’re eligible
• If you want continued life coverage, consider enrolling in voluntary life insurance, which you own and can convert or carry with you

If you’re already enrolled in the Health Care Fund, the deadline to enroll in voluntary life insurance is June 30th. After that, you’ll need to wait until next year’s open enrollment period.

If you are not currently enrolled, you will have an open enrollment period of 30 days granted upon Fund program approval to elect coverage.

Not yet. You need to:

1. Meet the eligibility requirements
2. Submit an application
3. Enroll in the CCPU Health Care Fund

Once enrolled, you’ll have access to free group life insurance and the option to purchase voluntary life insurance.

A beneficiary is someone a Provider chooses to receive all or part of a death benefit.

• There can be more than one beneficiary – and in practice, there often is.
• A beneficiary doesn’t have to be a person – it can also be an entity such as a church, charity, or family trust

Download this form and fill it out, and send back to the Health Care Fund. We will manage this information and in the event something happens to you, we will communicate your designations to Guardian.

In most states, if your provider names a minor beneficiary, we’ll need letters of guardianship for the property or estate of the minor to make the payout.

• This typically requires the legal representative (e.g., surviving parent) obtain guardianship paperwork from the court.
• Otherwise, if a claim is filed, the claim may be held for processing until the minor is of an ‘age of majority’ — 18 years old in most states.
• Also, when the beneficiary is a minor, we cannot accept a funeral assignment (agreement allowing part or all of the proceeds to go directly to a funeral home). This may cause a financial hardship for the person who has to pay for the services.

If your Provider names a beneficiary who resides outside of the US:

• The foreign bank may delay cashing a US check.
• We may not be able to pay residents of high-risk countries sanctioned by the US.
• Time differences may make it more difficult to locate the person or make contact.

The total primary beneficiary and contingent beneficiary percentages must each equal 100%.