For groups of 10 or more enrolling for stand-alone or 2 or more enrolling if written with another BEST Life plan. Flexible coverage options for members in $10,000 increments up to five times their annual earnings to a maximum of $500,000. AD&D option includes seat belt and air bag benefits. This plan also includes optional supplemental/voluntary life and increased coverage options for employee and dependents. Guarantee issue amounts are based on total group volume. 2-year rate guarantee and discounts available for preferred industries.
BEST Life Silver Plan Details
|Employer Contribution||Not applicable|
|Life Schedules||2-9: $10,000 or $15,000
10+: increments of $10,000 to $500,000, not to exceed 5 times employee salary
|Guarantee Issue||2-9: N/A
10+: Based on total volume not to exceed 3 times employee salary
|Plan Features||Waiver of Premium Provision to Age 60
From original amount.
65 - 35%
70 - 50%
75 - 65%
80 - 80%
85 - 90%
|Dependent Life Coverage||Spouse: increments of $5,000, up to $10,000 or 50% of employee coverage, not to exceed $50,000
Children ages 6 months to 25: $5,000
Children 14 days to 6 months: $500
|Includes Seat Belt and Air Bag Benefit
Available on basic and supplemental
|Accelerated Death Benefit||Allows up to 75% or a maximum of $250,000 of Life insurance benefits to be paid prior to the death of the participant. Available for 10+ only.|
|Other Options||Supplemental / Voluntary Life for employee and dependents.|
AK, AL, AR, AZ, CA, CO, DC, GA, HI, ID, IL, IN, KS, KY, MD, MI, MS, NC, ND, NE, NM, NV, OH, OK, PA, SC, SD, TN, TX, UT, and WY.