Www.coloniallife.com Johnson County Board of Education Your 2009 Voluntary Benefits Briefing.

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Johnson County Board Johnson County Board of Educationof Education

Your 2009 Voluntary Benefits BriefingYour 2009 Voluntary Benefits Briefing

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Colonial Supplemental Insurance

Colonial Agents will be available on:

September 21st and 22nd – Elementary School

September 23rd and 24th – Middle/High School


Premium Only PlanFlexible Benefits Programs

Also called “Cafeteria Plans”“Cafeteria Plans”Premium Only Plan is available through your employerIRS Code Section 125 allows selected employee benefits to be deducted from Gross EarningsLowers taxable income, increases spendable incomeElections must be maintained for a yearExceptions: Family Status, Employment Status, Leaves of Absence, Major Health Plan changes


Premium Only PlanFlexible Benefits Programs

As part of your benefits plan, you may have Medical, Dental or other non-Colonial Benefits

Each Enrollee should:Be aware of what the plan provides you

Some coverage have 100% paid benefits (wellness, preventive care) that make your premium contribution worthwhile

Be aware of out-of-pocket expenses that can add financial stress to an already stressful eventCo-payments, deductibles, annual maximums can limit your ability to maintain your lifestyle


Why Supplemental Insurance?

Ask yourself, “If something happened to me TODAY, TODAY, could I

Pay my rent or mortgage? Put food on my table? Keep my car on the road? Pay my bills? (especially heating and electricity) Provide for my children?

Can you support or maintain your lifestyle in the face of reducing personal assets to meet your expenses?





Supplemental Insurance Benefits

These Voluntary benefits are designed to protect your assets and reduce your out-of-pocket expenses

Short Term DisabilitySpecial Disability offer this year

Long Term DisabilityAccident CareCancer SecurityMedical Bridge 3000Critical Illness Insurance Life Insurance

Special Universal Life offer this year


Colonial Life


The Advantage of Colonial Life plans:

Most plans pay in addition to other benefits you may have with other insurance companies.

Benefits are paid directly to you, unless you specify otherwise.

With most plans, you can keep your coverage even if you change jobs or retire.

Most plans are guaranteed renewable.

Prompt and courteous customer service.


Colonial Life


Product underwritten by Colonial Life & Accident Insurance Company.Policies have exclusions and limitations that may affect benefits payable. All plans may not be available in all states and benefits provided may also vary by state.

Short-Term Disability Insurance

Helps protect your income and lifestyle if you are unable to work due to a covered accident or covered sickness.

Use benefits to help pay for:

Mortgage or rent payments.

Utility bills and other household expenses

Use the money where it’s needed most


Replace lost income in the event of disability due to accident or sickness Maximum 66 2/3% of salary coverage available Monthly maximum benefit of $5,000 Choice of elimination periods

3, 6, 12*12* or 24 month benefit period Pre-existing condition limitations: 12/12 Portable & Renewable to 65 & age 70 if employed

Disability 1000Short Term DisabilityDisability 1000Short Term Disability


Special Offer for 2009 Guaranteed Issue for ALL employees Monthly maximum benefit of $3000.00 Choice of elimination periods

3, 6, or 12*12* Pre-existing condition limitations: 12/12 Portable & Renewable to 65 & age 70 if employed

Applications must be completed, but all questions will be ignored and discarded by home office

ALL Applications will issue!!

Disability 1000Special Disability OfferDisability 1000Special Disability Offer


Insurance BenefitShort Term DisabilityInsurance BenefitShort Term Disability

Period of DisabilityPeriod of DisabilityPeriod of DisabilityPeriod of Disability

Elimination Period Ends – File Short Term Elimination Period Ends – File Short Term

Start of Disability – Enter Elimination PeriodStart of Disability – Enter Elimination Period

LTDLTDLTDLTDSTDSTDSTDSTD

Short Term Ends – File Long TermShort Term Ends – File Long Term

Return to Work – Benefits EndReturn to Work – Benefits End


24 hour coverage, worldwide coverage 365 day elimination period for injury or sickness Monthly Gross Disability Benefit = 60% Monthly Benefit Maximum = $6,000 Benefit period = to age 65 No premiums while disabled Coverage can be extended for 12 months if you leave

workplace Pre-existing conditions not covered for 24 months Standard underwriting rules are in effect.Standard underwriting rules are in effect.

Guaranteed issue for NEW employees only.Guaranteed issue for NEW employees only.

Insurance BenefitUNUM Long Term DisabilityInsurance BenefitUNUM Long Term Disability


When are you considered disabled?When are you considered disabled?When proof is provided that you:

are disabled due to sickness or injuryrequire the regular care of a physician

How is your benefit determined?How is your benefit determined?Benefits are based upon a percentage of income to be replaced.

What if your disability occurs again?What if your disability occurs again?If a disability reoccurs within 6 months, it will be treated as a continuation.

Insurance BenefitUNUM Long Term DisabilityInsurance BenefitUNUM Long Term Disability


Colonial Life


Accident Insurance

Helps pay the direct (medical) and indirect (non-medical) expenses that may result from a covered accident.

Provides benefits for initial care and treatment, in addition to some follow-up care that you may need.



Colonial’s Accident Insurance offers Family coverage for you, your spouse and your

childrenDesigned to help you recover out-of-pocket expensesBenefits paid directly to youBenefits paid regardless of other insurance Coverage is worldwidePolicy is portable

Colonial Supplemental Insurance Accident CareColonial Supplemental Insurance Accident Care


Accident CareBenefitsAccident CareBenefits

o Initial Careo Ambulance, ER Treatment, Doctor’s Office

o Open or Thoracic Surgeryo Blood, Plasma, Plateletso Transportation and Lodgingo Hospital Admission and Confinemento Follow-up Careo Accidental Death and Dismemberment


Dislocations Fractures Eye Injury Burns Knee Cartilage Concussion

Eye Injury Prosthetic Devices Ruptured Disc Tendon/Ligament Rotator Cuff Lacerations Emergency Dental

Accident CareInjury Benefits






Health Screening Benefit Accident Only Disability Income Accident/Sickness Disability Income Sickness Hospital Confinement Monthly Rates:

Individual: $14.25Individual w/Spouse $20.00One-Parent Family $25.75Two-Parent Family $31.50

Accident CareAdditional OptionsAccident CareAdditional Options


Colonial Life


Cancer Insurance

Helps protect you against the indirect costs and other expenses associated with cancer diagnosis and treatment.

Benefits payable for:

Specified cancer screening tests.Diagnosis of skin cancer.Hospital confinement and surgical benefits.Radiation/chemotherapy.Transportation and lodging.



The risk of developing cancer is, unfortunately, very real .The lifetime risk for men is 1 of 2, and for women 1 of 3

Improved treatment and screening make cancer more detectable and survivable than ever.

5-year survival rate for screening accessible cancer is 80%It could be as high as 95% if everyone took advantage of regular screening

Cancer costs exceed $174 Billion$174 Billion annually in the U.S.

ONLY ONLY 35% are Medically related expensesPrimarily indirect and hidden costsnot covered by major medical plans

Colonial Supplemental Insurance Cancer 1000Colonial Supplemental Insurance Cancer 1000


Wellness Benefit.Annual benefit for 17 diagnostic tests performed

$1,000 - $5,000 Initial Diagnosis BenefitDefray up-front, immediate costs

Bone Marrow donor/donation benefits. Inpatient Benefits

Up to $300/day for 30 daysTransportation and lodging for companion

Benefits paid directly to you, regardless of other insurance

Guaranteed Renewable, Portable

Cancer 1000BenefitsCancer 1000Benefits


Treatment BenefitsRadiation/Chemotherapy, Medication, Blood and Plasma, Prosthesis

Medical Imaging $250 per scan/$500 annual max

Inpatient and Outpatient Surgery Extended Patient Care

Cancer 1000Cancer 1000


Individual, one-parent and two parent family plans4 options available, select benefits to suit your needs

Optional coverageFirst DiagnosisProgressive PaymentSpecified Disease

Monthly Rates: Individual: $26.50 One-Parent Family $30.00 Two-Parent Family $45.00

Cancer 1000BenefitsCancer 1000Benefits


Colonial Life


Hospital Confinement Indemnity Insurance

Designed to supplement your existing major medical coverage.

Lump-sum benefit helps you to pay medical and non-medical expenses associated with a hospital stay, such as:

Deductibles or co-payments.

Transportation to and from the hospital.



Hospital Indemnity to cover hospital or outpatient surgery expenses

Supplement existing coveragedeductibles, co-payments, transportation, or child-care

Payable as lump some directly to you

Medical Bridge 3000Hospital IndemnityMedical Bridge 3000Hospital Indemnity


Colonial’s Medical Bridge 3000 covers:Hospital Confinement – choose $500 or $1000 benefitOutpatient surgery in a hospital or surgery center - $500 or $1000 benefit, depending on procedure$250 Diagnostic Testing Benefit$150 Emergency Room Benefit$50 Wellness Benefit$25 Doctor’s Office Benefit

Medical Bridge 3000Hospital IndemnityMedical Bridge 3000Hospital Indemnity


Benefits are paid regardless of other insurance coverage and paid directly to you

Coverage is portable Guaranteed renewable for life Pre-existing condition clause is in-force Monthly Rates (age 17-49): Confinement Benefit: $500 $1000 Individual: $30.85 $36.75 Employee + Spouse $62.75 $74.40 One-Parent Family $52.10 $73.90 Two-Parent Family $73.90 $88.00

Medical BridgeHospital IndemnityMedical BridgeHospital Indemnity


Colonial Life


Critical Illness Insurance

Helps protect your financial security if you experience a specified critical illness such as heart attack (myocardial infarction), or stroke

Pays a lump-sum benefit upon diagnosis.

The benefit is paid to you unless you specify otherwise—use the money where it’s needed most!



Did you know?The average age at which Critical Illness strikes is 43.Stroke is the leading cause of serious, long-term disability in the U.S.28% of stroke sufferers are under age 65Every 29 seconds someone in the U.S. suffers a coronary eventThe chances of surviving a critical illness are better than ever -- could you survive the impact on your finances?

Colonial Supplemental Insurance Critical Illness InsuranceColonial Supplemental Insurance Critical Illness Insurance


Covered Critical IllnessesHeart Attack -- 100%Stroke -- 100%Major Organ Transplant -- 100%End-Stage Renal Failure -- 100%Coronary Artery Bypass -- 25%



BenefitsLump Sum Payment -- paid directly to you and can be utilized for related expenses you chooseSpouse coverage is availableGuaranteed Renewable

Health Screening Benefit$50 Dollars per Calendar YearPaid for: Bicycle or Treadmill Stress Test, Fasting Blood Glucose, Bone Marrow testing, Serum Cholesterol test (HDL/LDL)



In general, there are two forms of life insurance:In general, there are two forms of life insurance: Term Life: Term Life:

Easy to get and inexpensiveInsurance ProtectionNo cash build-up, no additional valueProtect your family and their future

Permanent LifePermanent LifeUniversal Life, Whole LifeCash value builds as policy agesPremium never changesInvest in your own, or your families future

Colonial Supplemental Insurance Life Insurance


Colonial Supplemental Insurance Term Life 1000 Term Life provides affordable insurance protection.

There are two plans available: 10, 20 and 30 year terms available Face amounts of $10,00 to $500,000

Guaranteed level premiums for the entire term, based on issue ageAnnual renewal after term is completedConversion privilege to permanent life insurance

Coverage available for Employees and spousesChild Term Rider is available for dependent childrenUp to age 18 to issue, coverage in force to age 25


Permanent, “cash-value” insuranceCombines cash building characteristics of Whole Life, with the higher face amounts of Term LifeGuaranteed to build at 4% annuallyGuaranteed renewable and portableSeveral optional “riders” allow you to tailor plan to your needs:

Additional Term Rider Accidental DeathWaiver of Premium Guaranteed Purchase OptionNEW!! Long Term Care Rider

Colonial Supplemental Insurance Universal Life Insurance


NEW - Long Term Care RiderNEW - Long Term Care RiderAllows insured to access Universal Life policy death benefit to pay for Long Term Care expenses

6% maximum on a monthly basis Insured must meet “Activities of Daily Living” Criteria prior to use Must need assistance in 2 of 6 ADL’s

Bathing, Continence, Dressing, Eating, Transferring, and Toileting

Covers expenses for Long Term Care, Assisted Living, Home Health Care or Adult Day Care FacilitiesRestoration of Benefits Riders protects original death benefit

If death occurs after Long Term Care benefits are utilized, this option restores the original death benefit



Spouse CoverageSpouse Coverage Universal Life -- Duplicate the same benefits as offered to you -- even if you don’t buy a policy for yourselfSpouse Term Rider in addition to your Life Policy

Juvenile CoverageJuvenile CoverageUniversal Life -- policy for each childLow rates at younger age, coverage continues even if health problems developOpportunity to increase coverage at age 18, 21 & 24



Additional Coverage AvailableAccidental Death*Waiver of Monthly Deduction*Additional Coverage TermGuaranteed Purchase OptionAccelerated Death Benefit

Not an option, built in to all Colonial Life insurance plans If the named insured is diagnosed terminally ill, with 12 month or

less to live, Colonial will pay up to 75% of the death benefit in advance



Special Offer for Universal Life!!!The Colonial Life Home Office has approved “Select Simplified Issue” for our Universal Life for all employees for this years open enrollmentThis means that an employee can any amount of life insurance that $12.00 a week would purchase, up to a maximum of $100,000 coverage. Only TWO health questions will be asked.A Spouse Term Rider can be added up $25,000 or Child Term Rider up to $10,000 as part of this guarantee. Separate Spouse or Juvenile Universal Life polices are available, but will require normal underwriting

Colonial Supplemental Insurance Special Life Insurance Offer


Voluntary Insurance Benefit Pre-Existing Conditions Exclusion

Voluntary Insurance Benefit Pre-Existing Conditions Exclusion

Pre-Existing Conditions Exclusion:Applies to Disability 1000 and Medical Bridge 3000 for 12 monthsApplies to Long Term Disability for 24 months

Certain “pre-existing” conditions may not covered for specified periodo Any condition treatment or advice from the 12-months prior to the

application date may not be covered for the 1st 12-months of coverage (24 months for LTD)

o Any claim submitted in the 1st 12-months a policy is in force will initiate a medical records review for the 12-months prior to the application date (24 months for LTD)

Pre-Existing Conditions Exclusion:Applies to Disability 1000 and Medical Bridge 3000 for 12 monthsApplies to Long Term Disability for 24 months

Certain “pre-existing” conditions may not covered for specified periodo Any condition treatment or advice from the 12-months prior to the

application date may not be covered for the 1st 12-months of coverage (24 months for LTD)

o Any claim submitted in the 1st 12-months a policy is in force will initiate a medical records review for the 12-months prior to the application date (24 months for LTD)


Why Supplemental Insurance?








Questions???

You can contact your Colonial Representative, Hal Doyle for more information prior to the open enrollment:

HAL DOYLECell Phone – 706-951-8839E-mail – [email protected]

You can contact your Colonial Representative, Hal Doyle for more information prior to the open enrollment:

HAL DOYLECell Phone – 706-951-8839E-mail – [email protected]


……10/01/200910/01/2009Colonial Benefit Representatives will Colonial Benefit Representatives will be available on from September 21be available on from September 21stst through 24through 24thth … all employees must be … all employees must be seenseen

Annual Enrollment Changes Annual Enrollment Changes are effective …are effective …


What Happens Next?


Take advantage of your options.

Don’t be afraid to ask questions.

We will meet with you individually to help you tailor your benefits plan to your needs.

Www.coloniallife.com Johnson County Board of Education Your 2009 Voluntary Benefits Briefing.

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