Protection Plus Benefits
Life Insurance - Coverage Details
This is a guide designed to provide information about the Life Insurance. This is not a contract, and coverage will be subject to the terms and conditions of the Blue Cross Life policy.
This benefit provides additional amounts of life insurance to offer financial protection in the event of a death.
If a plan member or dependent dies while covered by this benefit, Blue Cross will pay the amount of the life benefit in effect at the time of death, subject to the conditions outlined in the group contract.
Amount of Coverage
The benefit is equal to the amount of life insurance selected by the plan member for themselves or their dependents, up to the maximum amount specified in the group policy.
Plan members may request a change in the amount of their coverage or their dependent’s coverage at any time. However, requests to increase coverage will not be granted without submission of proof of health.
Payment of Claims
In the case of the plan member’s death, benefits will be paid directly to their beneficiary. In the case of a dependent’s death, all benefits are payable to the plan member.
Exclusions and Limitations
If the plan member’s or dependent’s death is a result of suicide while an amount of life insurance has been in effect for less than 24 consecutive months, the payment will be limited to the return of premiums paid to date.