Frequently Asked Questions
Can I take my life insurance with me?
Do I need a paramed exam when I apply?
A paramed is only required for the following age ranges for the income specified:
- 18 – 35, applying for over $200,001
- 36 – 45, applying for over $150,001
- 46 – 55, applying for over $100,001
- 56 +, applying for over $50,001
Do I have to pay for the paramed?
You only need to pay half of the cost which is about $99.50.
Do I schedule a paramed with my doctor?
No, Unum will contact a paramed service. Then, the paramed service will contact you to schedule an appointment at your most convenient time.
Can I cover my spouse and children?
If family coverage is offered by your employer, you have the opportunity to cover your spouse and children. In both cases, coverage must be included with employee coverage.
For spouse coverage, benefit amounts can be specified in your plan design for up to 100% (or 50% in some states) of the employee benefit amount. Your spouse can keep coverage as long as you keep yours, no matter where (or if) you work.
For children, coverage is available for eligible dependents, which may include stepchildren, legally adopted children and grandchildren, age birth through 26 years. Benefit amounts can be selected in increments of $1,000 up to $10,000, and up to 100% (or 50% in some states) of the employee benefit amount. Coverage ends when employee policy ends or when children turn 19 (or 26 if full-time students). At the time, children can purchase an individual policy, not to exceed the original children’s benefit amount.
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