|
One level increases possible at open enrollment.
Julierene, I am in Human Resources in the private/technology sector and for most of these companies, their policy is to allow you to increase your life insurance by one level at every yearly open enrollement. so for example, if you currently have 1 times your salary, during your next open enrollment, you can increase it to 2 times. And the next year to 3 times. Usually, the only other way to increase it at all is to get "Evidence of Insurability" which is to submit a medical questionnaire that your doctor needs to complete. Trust me, you would not qualify. Sandy
|