How do I increase my Life Insurance?
Eligible Carle team members may receive up to 4X their base annual salary in Supplemental Life Insurance (since Carle provides full-time employees 1X their base annual salary and part-time employees a flat $15,000).
Outside of your first 31 days of employment or eligibility, you must complete the below Evidence of Insurability form and Supplemental Life Benefit Change Form in which you indicate the total amount of Supplemental Life Insurance you would like.
Eligible Carle team members may receive up to 1X their base annual salary ($50,000 maximum) in Spouse/Domestic Partner Supplemental Life Insurance. To add Spouse/Domestic Partner Supplemental Life Insurance for a spouse or domestic partner outside of your first 31 days of employment or eligibility, an Evidence of Insurability must also be completed by the spouse. If you are requesting to add or increase Spouse/Domestic Partner Supplemental Life at the same time you are requesting to add or increase Supplemental Life Insurance for yourself your spouse can complete their questions on the same form.
These forms must be submitted to Carle Benefits for processing and will then be forwarded on to the insurance carrier for approval through underwriting.
How do I decrease my Life Insurance?
To decrease the amount of Supplemental or Dependent Life Insurance, please fill out the below Benefit Change Form in which you indicate what amount of Supplemental Life Insurance you desire, or which option of Dependent Life Insurance you desire.
These forms must be submitted to Carle Benefits for processing.
How do I change Beneficiaries?
Beneficiaries can be changed at any point in time. Please fill out the Beneficiary Designation Form below and return it to Carle Benefits at myhr.helpdesk@carle.com or fax to 217-902-7800.
How do I convert my Life Insurance?
Upon leaving Carle, employees have 31 days to request a Conversion of their life insurance benefits. Please fill out the Life Insurance Conversion form.pdf and return it to Carle Benefits at myhr.helpdesk@carle.com or fax to 217-902-7800.
You can also print and return completed forms to Carle Benefits located on the 1st floor of Carle at the Fields (3310 Fields South Drive, Champaign, IL).
ADDITIONAL ARTICLES
Documents
- Supplemental Life Change Form With EOI
- Supplemental Life Evidence of Insurability Form
- Life Insurance Beneficiary Designation Form