Basic Life Insurance
Your life insurance plan is designed to provide financial protection for you and your family.
Coverage under this program is available for employees; spouse and dependent coverage can be obtained through our voluntary benefits program. Those employed with Roehl for less than a year are covered by a life insurance benefit of $20,000 with additional coverage for the same amount in the event of accidental death or dismemberment. Those employed with Roehl for over a year are covered by a life insurance benefit of 1x their salary with additional coverage for the same amount in the event of accidental death or dismemberment. The cost of this benefit is paid by us.
Life insurance benefits end on the date your employment with the company ends.
You may convert this insurance to an individual life insurance policy if any part of your Life Insurance under the Group Policy stops. Proof of good health is not required. You must exercise your conversion privilege by applying and paying the first premium for your individual policy within 31 days after any part of your insurance stops. Please contact the Pay and Benefit Services Department for the Voya conversion paperwork.