When Can Employees Purchase It?

Through Employer-Provided Group Life Insurance

If you offer group life insurance to your employees, they can purchase it when they are hired and during periodic open enrollment opportunities. Guaranteed coverage is available to employees within 31 days of their hire or eligibility date for amounts up to $50,000 with no medical qualifications. Amounts over $50,000 require you to answer 3 simple questions to determine your eligibility (some additional information may be required based on your answers to determine your eligibility).

After the 31-day period, employees can still apply for supplement life insurance within 6 months of their hire date, but are not guaranteed coverage.

Through Clergy Pension Plan Group Life Insurance

The Church Pension Fund offers periodic enrollment opportunities for participants of the Clergy Pension Plan to purchase supplemental group life insurance. A package will be mailed to the cleric explaining the coverage, pricing and any medical qualifications that need to be met.

How Do Employees Purchase Supplemental Group Life?

An offer letter will be mailed to the employee’s home. If the employee enrolls within the deadline provided in the offer letter, he or she will receive guaranteed coverage in the amount of:

  • $50,000 for the employee
  • $10,000 for eligible dependents

Life insurance and annuities are offered by or through Church Life Insurance Corporation, 19 East 34th Street, New York, NY 10016.