Postretirement Life Insurance
You are eligible for Postretirement Life Insurance coverage if you retire under the Company's Retirement Plan after age 55. The amount of coverage depends on your active employee status and your years of service when you retire. You do not need to enroll for coverage. Coverage is automatic if you meet the eligibility requirements. The Company pays the full cost for your coverage.
For more details about Life Insurance, including eligibility, claims and appeals, converting coverage to an individual policy, and administrative information, see the Life and Accident Insurance Plans section of this handbook. For more details about Postretirement Life Insurance, see Postretirement Life and Accident Insurance Plans in the Summary of Benefits Handbook for Retirees and Surviving Dependents.