Benefits

Additional Life Insurance

Provider

WoodmenLife

Benefits Department
1-800-328-2968, ext. 57047

WoodmenLife Associates at the Gym

Benefit Details

You may purchase additional coverage equal to one or two times your annual earnings ($200,000/$400,000 maximums).

  • Home Office Associates – Amount is updated throughout the year as earnings change
  • Regional Directors and Recruiting Sales Managers – Amount is based on actual earnings between October 1 – September 30

Cost

Pre-tax premiums are based on 24 pay periods. See below for more details.

Age Rate per $1,000 of coverage
Under 25 2.5¢
25-29 3.0¢
30-34 4.0¢
35-39 4.5¢
40-44 5.0¢
45-49 7.5¢
50-54 11.5¢
55-59 21.5¢
60-64 33.0¢
65 and Over 42.5¢

Eligibility

Enroll during Annual Enrollment, November 1–15. If elected after initial eligibility or increased, evidence of insurability is required. Effective January 1. Initially available the first of the month following 60 days of service

Beneficiary Changes

To make beneficiary changes, Lawson Employee Self Service (ESS)