Exciting news about Supplemental Life Insurance coverage!
This year VOYA, the district’s life insurance carrier, has invited the FNSBSD to participate in a special enrollment period for life insurance. During our open enrollment period, October 15th -November 15th, employees have the opportunity to elect up to the guaranteed issue amount for themselves, spouses, and dependent children up to age 26. The guaranteed issue amounts are as follows:
Employee - $150,000; Spouse - $30,000; Child - $10,000
This special one-time opportunity allows currently enrolled employees to add additional coverage up to the guarantee issue limits without having to provide evidence of insurability. Employees not currently enrolled can elect up to the amounts listed above with no health questions asked.
Below are links to the updated enrollment materials for the voluntary life insurance plans, which include the open enrollment information. All changes become effective on January 1, 2020.
An Evidence of Insurability Form must be completed and submitted to ReliaStar for amounts above the guaranteed maximums. Once HR receives approval from ReliaStar, your new will be activated.
If you would like to update your beneficiaries, please complete a VOYA Life Insurance Beneficiary Change Form and submit to HR. If you have questions, contact the Benefits Team at 11311 or 11382.
This life insurance enrollment process is a paper process (i.e. not online) and is separate from the district's Health, Dental, Vision, and Audio (DVA) and optional benefits elected through Employee Self Service (ESS).
Life and Accidental Death and Dismemberment Insurance
All benefited employees receive Life and Accidental Death and Dismemberment Insurance while employed with the school district. The amount is equal to the employee's annual salary rounded up to the nearest thousandth. Supplemental Insurance is also available.
New hires have 30 days to elect supplemental insurance for the guaranteed amounts ($150,000 for employee and $30,000 for spouse).
Supplemental Insurance can be elected or changed at any time.
For an increase in supplemental - please complete the Life Insurance Enrollment Form and submit to HR. In addition, an Evidence of Insurability Form must be completed and submitted to ReliaStar. Once HR receives approval from ReliaStar, your new amount will be active.
Forms & Documents
- Long-Term Disability Insurance Plan Booklet (Exempt Staff)
- VOYA Group Life Insurance Plan Book
- VOYA Life Insurance Beneficiary Change Form
- VOYA Life Conversion Information Request
- VOYA Life Insurance Enrollment Form
- VOYA Rate Calculator
- VOYA Request for Change
- VOYA Supplemental Life Evidence of Insurability Application