I wanted to remind everyone that you may increase your voluntary life insurance by $10,000.00 without providing evidence of insurability. You may elect coverage up to five (5) times your annual income, but only $10,000.00 of your new elected amount is what is known as guaranteed issue. Anything more than $10,000.00 will require you to submit a form known as an Evidence of Insurability form (EOI) to Reliance Standard. If you meet with a benefit counselor during your location's meetings, if you attempt to elect an increase of more than $10,000.00 the benefit counselor will provide you with an EOI form to complete. Your requested increase in excess of the $10,000.00 guaranteed issue will not go into effect unless approved by Reliance Standard through the EOI process.
You may also request an increase in your spouse's voluntary life insurance in the same way. The only thing to remember is that you cannot have more life insurance on your spouse than you carry on yourself.
If you have already met with a benefit counselor at an on site meeting and did not receive an EOI form to complete for any requested increase over the $10,000.00 you may call the Colonial Life Call Center at 1-866-310-3992 and request the increase and a benefit counselor will send you the EOI form.
Once you complete the EOI form, you should return it to FirstFleet, to the Benefit Department at Corporate office.
If you have any questions please call 800-819-0905 and request to speak with a member of the Benefit Department.