Columbia County Board of Education provides $10,000 of coverage at no  cost to all eligible employees (employees who work 15 hours or more a week). You may choose additional term life and permanent life insurance for you, your spouse and your children.  Our term life coverage is through Lafayette Life Insurance Company.  It includes supplemental, spouse, and dependent life plans.  Our permanent life coverage is through Transamerica.  Payments for the amounts you elect are made through easy payroll deductions.  You are eligible for this coverage if you work for your employer at least 30 hours per week and are under the age of 70.  Please see below explanations for each plan.

 EMPLOYEE SUPPLEMENTAL LIFE

You may choose additional coverage up to five times your annual salary (rounded to the next ten
thousand).  The maximum coverage is $500,000 in coverage.  Coverage over three times the annual
salary will require a health questionnaire.  The coverage now includes portability, waiver of premium for disability and an accelerated benefits option.  Click here to view the rate spreadsheet.  Find the
amount of premium you are paying and listed at the top of the column is the amount of coverage
you have. Choice of $10,000 to $500,000, not to exceed five times annual Base Salary.   Employee life insurance is convertible/portable.

 SPOUSE LIFE

Spouse coverage is based on the employee’s age and $10,000 - $100,000 amounts of coverage
can be purchased in $10,000 increments, not to exceed 50% of the Employee benefit.  These amounts are subject to insurability.  Click here to view the rate spreadsheet for this coverage. 

 DEPENDENT LIFE

Children over 14 days but less than 19 years, student dependent age, 19, but less than 25 can be
covered with $10,000 worth of coverage.  The cost for all of your children that qualify is $1.28 monthly. 
In order to obtain child coverage either the employee or spouse must enroll for Supplemental Life coverage.

The Schedule of Benefits:

Accelerated Death Benefit
If you become terminally ill prior to age 64, you may elect to receive 50% of your Life benefit under the contract.  Contract specifications apply.  Your Life Insurance will then be reduced by the amount of the benefit paid.

Guarantee Issue
Evidence of Insurability will be required for all Supplemental amounts:

1.	Lesser of three times BAE or $250,000 for employee, $10,000 for spouse.
2.	For all late applicants.
3.	All employee over age 60 will be limited to 50% of the Guarantee Issue amount limits above.

Evidence of Insurability Requirements
For amounts of up to $125,000 over guarantee issue an Eligibility of Insurance form is required.  An Attending Physician Statement is required only if there are questions.  For amounts in excess of $125,000 over guarantee issue, an Eligibility of Insurance form, Attending Physician's Statement (if questions), a Blood Test, and complete medical history are required (employee cost).

Reductions
Employee: 35% @ 70, 55% @ 75, terminates at retirement.
Spouse:  35% @ 65, terminates the earlier of age 70 or when employee ceases to be eligible.
Child(ren):  Terminates at earlier of age 19 (25 for full-time student) or when employee coverage terminates.

Conversion/Portability
If you leave your job, you can convert to a permanent policy of individual insurance, or continue group coverage at current rates.

Disability
If you become disabled prior to age 60, Lafayette Life will waive the premiums as long as you remain disabled, but not beyond age 65 as per contract specifications.