Supplemental Insurance Program

Transcription

1 Summary of Fringe enefits and the Supplemental Insurance Program for Federal Employees R0414 NOT FFILITED WITH OR ENDORSED Y THE GOVERNMENT ESD

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3 Presented by:_ Date: Phone: Personal Data Employee Name: ddress: City: ZIP: State: Spouse: Children: Valuable Documents Section : Do You Have a Will: q Yes q No Location of Will: Executor Name: Executor ddress: Date Executed: y: Section : Life Insurance Policies Policy Number Face mount Location of Policy Type of Policy How Premium is Paid Section C: Other Insurance (ccident, Health) Policy Number Type of enefits Company Name Policy Location 1

4 How to Collect enefits enefits Cause Form No. Obtain Form Filing COMPENSTION UNEMPLOYMENT COMPENSTION SOCIL SECURITY ENEFITS (When covered under Social Security) Injured on the job Occupational Loss of Federal job Reach age 65 (optional at 62 with reduced benefits) If you are disabled If a worker in your family dies C-1 C-2 Various, by States Your personnel office State Unemployment Comp. office in your community (administered by each State.) ring completed federal form SF-8 when applying for unemployment benefits. Obtain from your agency when separating. Forwarded by the personnel office to the appropriate district office of the Office of Workers Compensation Programs, Labor Dept. enefits vary by States (See also Unemployment Compensation item and benefits.) Office listing found at Call Social Security s nationwide toll-free number, for information about Social Security benefits and to make an appointment to file a claim. Hearingimpaired callers using TDD equipment can reach Social Security by calling Claims can be filed by telephone or visiting a local Social Security office. pply online applying8.html Civil Service Retirement enefits RETIREMENT ND DISILITY RETIREMENT Combination of ge, Service, and in some cases, special requirements 2800(CSRS) 2801(CSRS) 3104(FERS) 3107(FERS) Your agency personnel office, or from OPM Must be filed with the OPM usually done through your personnel office. pplications for disability retirement must be received by OPM not later than one year after separation. FEGLI LIFE INSURNCE Election or Enrollment Designation of eneficiary Employee s Death enefit Dependent s Death enefit SF2817 SF2823 or SF54 FE-6 FE-6-Dep Your agency personnel office, or from OPM Your agency personnel office, or from OPM Your agency personnel office, or from OPM Your agency personnel office, or from OPM Must be filed with the OPM usually done through your personnel office. Must be filed with the OPM usually done through your personnel office. Must be filed with the OPM usually done through your personnel office. Must be filed with the OPM usually done through your personnel office. Social Security verage mounts of Monthly enefits Most Federal Employees hired before December 31, 1983, will usually work only a relatively short period under Social Security, or will have only parttime earnings under Social Security. These employees average earnings will be relatively low, and so will their benefits. Those who want to know more about estimating amounts they can expect in Social Security benefits are advised to visit their local Social Security office or call (TTY ) or at Following are the estimated monthly benefit amounts for certain groups on the rolls as of January 2016: The average Social Security monthly benefit for all retired workers is $1,341. The average monthly benefit for an aged couple is $2,212. verage monthly benefits for widowed mother and two children are $2,680. The maximum monthly benefit for a retired employee at age 66 is $2,663. verage monthly benefit for an aged widow or widower alone is $1,285. verage monthly benefits for a disabled worker, spouse, and children are $1,983. verage monthly benefits for all disabled workers are $1,166. Note: The accuracy of these estimates depends on the worker s actual earnings, which may vary significantly from those assumed. Source: 2

5 Federal Employees Compensation ct (Injury enefits) INJURIES COVERED enefits are provided for disability or death resulting from an injury sustained in the performance of duty. ENEFITS These include medical care and compensation for wage loss due to temporary or permanent disability. DISILITY ENEFIT asic compensation for total disability is two-thirds of the monthly pay. This is increased to three fourths of the monthly pay if the injured employee has a wife or husband, minor child or wholly dependent parent. No compensation is payable for the first three days of wage loss unless the disability exceeds 14 days or the injury results in permanent impairment. n injured employee may use sick or annual leave credited to his account if he so desires in which event compensation does not begin until the expiration of leave. dditional compensation not to exceed $1,500 per month may be paid in cases in which the constant service of an attendant is necessary. Traumatic disability benefits are payable up to 45 days. TIME LIMITTIONS Written report of injury must be given within 30 days to the employee s immediate superior and claim for disability or death compensation must be filed within 3 years. Retirement fter Meeting General ge and Service Requirements CSRS Standard retirement benefits under CSRS generally are available to workers at age 55 with 30 years of creditable service, or at age 60 with 20 years, or at 62 with five years. FERS enefits under FERS are payable to workers at age 60 with 20 years of service, or at age 62 with 5 years of service. Generally benefits are also available after 30 years of creditable service at the minimum retirement age (MR), which is age 55, until the year 2003, when it begins to climb by two months per year in coordination with the gradual rise in the age of unreduced benefits under Social Security. Thus, the MR reaches age 56 in 2009, where it remains through 2020; beginning in 2021 will resume rising by two months per year, until it reaches age 57 in the year Special Groups CSRS Firefighters and Law Enforcement Officers can retire at age 50 with 20 years of service. However, after 20 years of service, retirement is mandatory at age 55 for Firefighters and age 57 for Law Enforcement Officers. ir Traffic Controllers can retire at age 50 with 20 years of service or at any age after 25 years of service. FERS Firefighters, Law Enforcement Officers, and ir Traffic Controllers can retire at age 50 with 20 years of service or at any age after 25 years of service. Source: 2016 Federal Employee lmanac ERNED CSRS RETIREMENT PERCENTGES SED ON YERS OF SERVICE Years of Service Percent of High 3-Year verage Earnings Years of Service Percent of High 3-Year verage Earnings Years of Service Percent of High 3-Year verage Earnings Years of Service Percent of High 3-Year verage Earnings % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % % %* % *nnuity in excess of 80%, which is produced by credit for unused sick leave, is payable in the case of CSRS employment. Source: CSRS and FERS Handbook for Personnel and Payroll Offices, Chapter

6 CSRS Special Group CSRS Computation of nnuity COMPUTTION FORMUL: % Hi-3 20 Years of Service plus % Hi-3 years and months of service over 20 (Includes credit for unused sick leave) 3. Maximum nnuity = 80% of Hi-3 plus credit for unused sick leave nnuities to Survivors of Retired Employee CSRS If you accept the nnuity With Survivor enefit to Widow, Widower or Former Spouse, your annuity will be reduced by: a) 2.5% of the first $3,600 used as a base for the survivor annuity; plus b) 10% of any amount over $3,600 used as a base for the survivor annuity. 4

7 CIVIL SERVICE RETIREMENT ENEFITS System for Pre-1984 Employees (Monthly nnuities Computed Under asic Formula) Highest 3 Year verage Salary YERS OF CREDITLE SERVICE mounts For Each dd l Year Unlisted 20, ,104 1,016 1,271 1,166 1,338 1, , , ,270 1,165 1,461 1,338 1,538 1, , , ,219 1,119 1,435 1,314 1,652 1,509 1,739 1, , , , ,106 1,018 1,156 1,063 1,406 1,288 1,656 1,513 1,906 1,738 1,006 1, , , ,107 1,019 1,162 1,068 1,217 1,118 1,272 1,167 1,547 1,415 1,822 1,662 2,097 1,910 2,207 2, , , ,088 1,001 1,148 1,055 1,208 1,109 1,268 1,163 1,328 1,217 1,388 1,271 1,688 1,541 1,988 1,811 2,288 2,081 2,408 2, , , , ,142 1,050 1,208 1,110 1,275 1,170 1,342 1,230 1,408 1,290 1,475 1,350 1,542 1,410 1,875 1,710 2,208 2,010 2,542 2,310 2,675 2, , , , ,156 1,063 1,227 1,127 1,299 1,192 1,371 1,256 1,442 1,321 1,514 1,385 1,586 1,450 1,667 1,514 2,016 1,847 2,374 2,159 2,732 2,482 2,876 2, , , , ,160 1,066 1,236 1,135 1,313 1,204 1,390 1,273 1,466 1,342 1,543 1,411 1,620 1,480 1,696 1,549 1,773 1,618 2,156 1,963 2,540 2,308 2,923 2,653 3,076 2, , ,094 1,007 1,177 1,082 1,260 1,157 1,344 1,232 1,427 1,307 1,510 1,382 1,594 1,457 1,677 1,532 1,760 1,607 1,844 1,682 1,927 1,757 2,344 2,132 2,760 2,507 3,177 2,882 3,344 3, , ,159 1,066 1,248 1,145 1,336 1,225 1,424 1,304 1,513 1,384 1,601 1,463 1,689 1,543 1,778 1,622 1,866 1,702 1,954 1,781 2,043 1,861 2,484 2,258 2,926 2,656 3,368 3,053 3,544 3, , ,225 1,125 1,318 1,209 1,412 1,293 1,505 1,377 1,598 1,461 1,692 1,545 1,785 1,629 1,878 1,713 1,972 1,797 2,065 1,881 2,158 1,965 2,625 2,385 3,092 2,805 3,558 3,225 3,745 3, Without Survivor enefit With Survivor enefit The above figures are rounded to the nearest dollar Example illustrating computations: ssume a high-3 verage Salary of $40,000 at 24 years of service: For 1st 5 years use: 1 1/2% x $40,000 x 5 = $3, For 2nd 5 years use: 1 3/4% x $40,000 x 5 = $3, For balance of 14 years use: 2% x $40,000 x 14 = $11, Total annual annuity = $17, Divide by 12 months = $1,475 a month. If a survivor annuity is elected, the monthly annuity would be reduced to $1,350. 5

8 CIVIL SERVICE RETIREMENT ENEFITS System for Pre-1984 Employees (Monthly nnuities Computed Under asic Formula) Highest 3 Year verage Salary YERS OF CREDITLE SERVICE mounts For Each dd l Year Unlisted 60, ,313 1,204 1,413 1,294 1,513 1,384 1,613 1,474 1,713 1,564 1,813 1,654 1,913 1,744 2,013 1,834 2,113 1,924 2,213 2,014 2,313 2,104 2,813 2,554 3,313 3,004 3,813 3,454 4,013 3, , ,378 1,263 1,483 1,357 1,588 1,452 1,693 1,546 1,798 1,641 1,903 1,735 2,088 1,830 2,113 1,924 2,218 2,019 2,343 2,113 2,428 2,208 2,953 2,680 3,478 3,153 4,003 3,625 4,213 3, , ,444 1,322 1,554 1,421 1,664 1,520 1,774 1,619 1,884 1,718 1,994 1,817 2,104 1,916 2,214 2,015 2,324 2,114 2,434 2,213 2,544 2,312 3,094 2,807 3,644 3,302 4,194 3,797 4,414 3, , ,531 1,401 1,648 1,506 1,765 1,611 1,881 1,716 1,998 1,821 2,115 1,926 2,231 2,031 2,348 2, ,241 2,581 2,345 2,698 2,451 3,281 2,976 3,865 3,501 4,448 4,026 4,681 4, , ,597 1,460 1,719 1,569 1,840 1,679 1,962 1,788 2,085 1,898 2,205 2,007 2,327 2,117 2,449 2,226 2,570 2,336 2,692 2,445 2,814 2,555 3,422 3,102 4,030 3,650 4,639 4,197 4,882 4, , , ,663 1,519 1,789 1,633 1,916 1,747 2,043 1,861 2,169 1,975 2,296 2,089 2,423 2,203 2,549 2,317 2,676 2,431 2,803 2,545 2,929 2,659 3,563 3,229 4,196 3,799 4,829 4,369 5,083 4, , , ,750 1,598 1,883 1,718 2,017 1,838 2,150 1,958 2,283 2,078 2,417 2,198 2,550 2,318 2,683 2,438 2,817 2,558 2,950 2,678 3,083 2,798 3,750 3,398 4,417 3,998 5,083 4,598 5,350 4, , ,124 1,034 1,816 1,657 1,954 1,781 2,092 1,906 2,231 2,030 2,369 2,155 2,507 2,279 2,646 2,404 2,784 2,528 2,922 2,653 3,061 2,777 3,199 2,902 3,891 3,524 4,582 4,147 5,274 4,769 5,551 5, , ,165 1,071 1,881 1,716 2,025 1,845 2,168 1,974 2,311 2,103 2,455 2,232 2,598 2,361 2,741 2,490 2,885 2,619 3,028 2,748 3,171 2,877 3,315 3,006 4,031 3,651 4,748 4,296 5,465 4,941 5,751 5, , ,219 1,119 1,969 1,794 2,119 1,929 2,269 2,064 2, ,569 2,334 2,719 2,469 2,869 2,604 3,019 2,739 3,169 2,874 3,319 3,009 3,469 3,144 4,219 3,819 4,969 4,494 5,719 5,169 6,019 5, , ,259 1,156 2,034 1,853 2,189 1,993 2,344 2,132 2,499 2,272 2,654 2,411 2,809 2,551 2,964 2,690 3,119 2,830 3,274 2,969 3,429 3,109 3,584 3,248 4,359 3,946 5,134 4,643 5,909 5,341 6,219 5, , ,300 1,193 2,100 1,913 2,260 2,057 2,420 2,201 2,580 2,345 2,740 2,489 2,900 2,633 3,060 2,777 3,220 2,921 3,380 3,065 3, ,700 3,353 4,500 4,073 5,300 4,793 6,100 5,513 6,420 5, , ,354 1,241 2,188 1,991 2,354 2,141 2,521 2,291 2,688 2,441 2,854 2,591 3,021 2,741 3,188 2,891 3,354 3,041 3,521 3,191 3,688 3,341 3,854 3,491 4,688 4,241 5,521 4,991 6,354 5,741 6,688 6, , ,490 1,363 2,406 2,188 2,590 2,353 2,773 2,518 2,956 2,683 3,140 2,848 3,323 3,013 3,506 3,178 3,690 3,343 3,873 3,508 4,056 3,673 4,240 3,838 5,156 4,663 6,073 5,488 6,990 6,313 7,356 6, Without Survivor enefit With Survivor enefit Example illustrating computations: ssume a high-3 verage Salary of $40,000 at 24 years of service: The above figures are rounded to the nearest dollar Divide by 12 months = $1,475 a month. If a survivor annuity is elected, the monthly annuity would be reduced to $1,350. For 1st 5 years use: 1 1/2% x $40,000 x 5 = $3, For 2nd 5 years use: 1 3/4% x $40,000 x 5 = $3, For balance of 14 years use: 2% x $40,000 x 14 = $11, Total annual annuity = $17,

9 Highest 3 Year verage Salary FEDERL EMPLOYEES RETIREMENT ENEFITS System for Post-1983 GENERL Employees (ccrual Factor 1%) YERS OF CREDITLE SERVICE mounts For Each dd l Year Unlisted 20, , , , , , , , ,155 1, , ,200 1,080 1,260 1, , , ,167 1,050 1,333 1,200 1,400 1, , , ,254 1,129 1,433 1,290 1,505 1, , ,150 1,035 1,342 1,208 1,533 1,380 1,610 1, , , , ,250 1,125 1,458 1,313 1,667 1,500 1,750 1, , , , , ,325 1,193 1,546 1,391 1,767 1,690 1,855 1, , , , , ,167 1,050 1,400 1,260 1,633 1,470 1,867 1,680 1,960 1, Without Survivor enefit With Survivor enefit Example illustrating a $33,000 high-3 and 24 years of service: 1% of $33,000 = $330, times 24 (years of service) = $7,920 annual annuity or $660 monthly. If the employee opted at retirement to elect a 50 percent survivor annuity, his monthly annuity would be reduced by 10% to $594. (Employees who continue to serve at age 62 or older with 20 years of service will have their annuity computed at 1.1 percent. For example, the same employee in the example above who retires at age 62 or older would have an annual annuity of $8,712 or $726 monthly. If a 50 percent survivor annuity is elected, the monthly annuity would be $653.40). 7

10 FEDERL EMPLOYEES RETIREMENT ENEFITS System for Post-1983 GENERL Employees (ccrual Factor 1%) Highest 3 Year verage Salary YERS OF CREDITLE SERVICE mounts For Each dd l Year Unlisted 60, , , , ,050 1,035 1,200 1,080 1,250 1,125 1,500 1,350 1,750 1,575 2,000 1,800 2,100 1, , , , ,155 1,040 1,208 1,087 1,260 1,134 1,313 1,188 1,575 1,418 1,838 1,654 2,100 1, , , , , ,155 1,040 1,210 1,089 1,265 1,139 1,320 1,188 1,375 1,238 1,650 1,485 1,925 1,733 2,200 1,980 2,310 2, , , , ,167 1,050 1,225 1,103 1,283 1,155 1,342 1,208 1,400 1,260 1,458 1,313 1,750 1,575 2,042 1,838 2,333 2,100 2,450 2, , , , ,156 1,040 1,217 1,095 1,278 1,150 1,338 1,205 1,399 1,259 1,460 1,314 1,521 1,369 1,825 1,643 2,129 1,916 2,433 2,190 2,555 2, , , , ,140 1,026 1,203 1,083 1,267 1,140 1,330 1,197 1,393 1,254 1,457 1,311 1,520 1,368 1,583 1,425 1,900 1, ,995 2,533 2,280 2,660 2, , , , ,133 1,020 1,200 1,080 1,267 1,140 1,333 1,200 1,400 1,260 1,467 1,320 1,533 1,380 1,600 1,440 1,667 1,500 2,000 1,800 2,333 2,100 2,667 2,400 2,800 2, , , , ,176 1,058 1,245 1,121 1,314 1,183 1,383 1,245 1,453 1,307 1,522 1,370 1,591 1,432 1,660 1,494 1,729 1,556 2,075 1,868 2,421 2,179 2,767 2,490 2,905 2, , , ,147 1,032 1,218 1,097 1,290 1,161 1,362 1,226 1,433 1,290 1,505 1,355 1,577 1,419 1,648 1,484 1,720 1,548 1,792 1,613 2,150 1,935 2,508 2,258 2,867 2,580 3,010 2, , ,125 1,013 1,200 1,080 1,275 1,148 1,350 1,215 1,425 1,283 1,500 1,350 1,575 1,418 1,650 1,485 1,725 1,553 1,800 1,620 1,875 1,688 2,250 2,025 2,625 2,363 3,000 2,700 3,150 2, , ,163 1,046 1,240 1,116 1,318 1,196 1,395 1,256 1,473 1,325 1,550 1,395 1,628 1,465 1,705 1,535 1,783 1,604 1,860 1,674 1,938 1,744 2,325 2,093 2,712 2,441 3,100 2,790 3,255 2, , ,200 1,080 1,280 1,152 1,360 1,224 1,440 1,296 1,520 1,368 1,600 1,440 1,680 1,512 1,760 1,584 1,840 1,656 1,920 1,728 2,000 1,800 2,400 2,160 2,800 2,530 3,200 2,880 3,360 3, , ,250 1,125 1,333 1,200 1,417 1,275 1,500 1,350 1,583 1,425 1,667 1,500 1,750 1,575 1,833 1,650 1,917 1,725 2,000 1,800 2,083 1,875 2,500 2,250 2,917 2,625 3,333 3,000 3,501 3, , ,375 1,238 1,467 1,320 1,558 1,403 1,650 1,485 1,742 1,568 1,833 1,650 1,925 1,733 2,017 1,815 2,108 1,898 2,200 1,980 2,292 2,063 2,750 2,475 3,208 2,888 3,667 3,300 3,850 3, Without Survivor enefit With Survivor enefit Example illustrating a $33,000 high-3 and 24 years of service: 1% of $33,000 = $330, times 24 (years of service) = $7,920 annual annuity or $660 monthly. If the employee opted at retirement to elect a 50 percent survivor annuity, his monthly annuity would be reduced by 10% to $594. (Employees who continue to serve at age 62 or older with 20 years of service will have their annuity computed at 1.1 percent. For example, the same employee in the example above who retires at age 62 or older would have an annual annuity of $8,712 or $726 monthly. If a 50 percent survivor annuity is elected, the monthly annuity would be $653.40). 8

11 FEDERL EMPLOYEES RETIREMENT ENEFITS System for Post-1983 SPECIL CLSS Employees (ccrual Factor 1.7% First 20 Years; 1% Over 20 Years Service) Years of Service (Includes Unused Sick Leave) ,000 12,000 14,000 16,000 18,000 VERGE NNUL SLRY SED ON 3 HIGHEST YERS 20,000 22,000 24,000 26,000 $85 $102 $119 $136 $153 $170 $187 $204 $221 $238 $255 $272 $289 $306 $323 $340 $ , ,020 1, ,022 1,076 1, , ,020 1,076 1,133 1, ,020 1, ,050 1,107 1,166 1, ,050 1, ,019 1,080 1,139 1,199 1, ,026 1,080 1, ,048 1,110 1,171 1,233 1, ,054 1,110 1, ,012 1,076 1,140 1,202 1,266 1, ,026 1,083 1,140 1, ,039 1,104 1,170 1,234 1,299 1, ,053 1,111 1,170 1, ,000 1,066 1,133 1,200 1,266 1,333 1, ,020 1,080 1,140 1,200 1, ,025 1,092 1,161 1,230 1,297 1,366 1, ,045 1,107 1,168 1,230 1, ,050 1,119 1,189 1,260 1,329 1,399 1, ,008 1,071 1,134 1,197 1,260 1, ,003 1,075 1,146 1,218 1,290 1,361 1,433 1, ,032 1,096 1,161 1,225 1,290 1, ,026 1,100 1,172 1,246 1,320 1,392 1,466 1, ,056 1,122 1,188 1,254 1,320 1, ,049 1,125 1,199 1,274 1,350 1,424 1,499 1, ,012 1,080 1,147 1,215 1,282 1,350 1, ,073 1,150 1,226 1,303 1,380 1,456 1,533 1, ,035 1,104 1,173 1,242 1,311 1,380 1, ,017 1,096 1,175 1,252 1,331 1,410 1,487 1,566 1, ,057 1,128 1,198 1,269 1,339 1,410 1, ,039 1,119 1,200 1,279 1,359 1,440 1,519 1,599 1, ,008 1,080 1,152 1,224 1,296 1,368 1,440 1, ,061 1,143 1,225 1,306 1,388 1,470 1,551 1,633 1, ,029 1,102 1,176 1,249 1,323 1,396 1,470 1, ,000 1,082 1,166 1,250 1,332 1,416 1,500 1,582 1,666 1, ,050 1,125 1,200 1,275 1,350 1,425 1,500 1, ,020 1,104 1,189 1,275 1,359 1,444 1,530 1,614 1,699 1, ,071 1,147 1,224 1,300 1,377 1,453 1,530 1, ,040 1,126 1,213 1,300 1,386 1,473 1,560 1,646 1,733 1, ,014 1,092 1,170 1,248 1,326 1,404 1,482 1,560 1, ,060 1,147 1,236 1,325 1,412 1,501 1,590 1,677 1,766 1, ,033 1,113 1,192 1,272 1,351 1,431 1,510 1,590 1, ,080 1,169 1,259 1,350 1,439 1,529 1,620 1,709 1,799 1, ,053 1,134 1,215 1,296 1,377 1,458 1,539 1,620 1, ,008 1,100 1,191 1,283 1,375 1,466 1,558 1,650 1,741 1,833 1, ,072 1,155 1,237 1,320 1,402 1,485 1,567 1,650 1, ,026 1,118 1,212 1,306 1,400 1,492 1,586 1,680 1,772 1,866 1, ,008 1,092 1,176 1,260 1,344 1,428 1,512 1,596 1,680 1,764 28,000 30,000 32,000 34,000 36,000 38,000 40,000 42,000 Years of Service (Includes Unused Sick Leave) Without Survivor enefit With Survivor enefit 9

12 FEDERL EMPLOYEES RETIREMENT ENEFITS System for Post-1983 SPECIL CLSS Employees (ccrual Factor 1.7% First 20 Years; 1% Over 20 Years Service) Years of Service (Includes Unused Sick Leave) ,000 46,000 48,000 50,000 52,000 VERGE NNUL SLRY SED ON 3 HIGHEST YERS 54,000 56,000 58,000 $374 $391 $408 $425 $442 $459 $476 $493 $510 $527 $544 $561 $578 $595 $612 $ ,020 1, ,028 1,059 1,090 1,122 1, ,009 1, ,020 1,054 1,088 1,122 1,156 1,190 1,224 1, ,009 1,040 1,071 1,101 1, ,031 1,068 1,105 1,141 1,178 1,215 1,252 1,289 1,326 1, ,027 1,060 1,093 1,127 1,160 1,193 1, ,031 1,071 1,110 1,150 1,190 1,229 1,269 1,309 1,348 1,388 1,428 1, ,035 1,071 1,106 1,142 1,178 1,213 1,249 1,285 1, ,020 1,062 1,105 1,147 1,190 1,232 1,275 1,317 1,360 1,402 1,445 1,487 1,530 1, ,032 1,071 1,109 1,147 1,185 1,224 1,262 1,300 1,338 1,377 1, ,042 1,088 1,133 1,178 1,224 1,269 1,314 1,360 1,405 1,450 1,496 1,541 1,586 1,632 1, ,020 1,060 1,101 1,142 1,183 1,224 1,264 1,305 1,346 1,387 1,428 1,468 1,509 1,059 1,107 1,156 1,204 1,252 1,300 1,348 1,396 1,445 1,493 1,541 1,589 1,637 1,685 1,732 1, ,040 1,083 1,127 1,170 1,213 1,257 1,300 1,343 1,387 1,430 1,473 1,517 1,560 1,603 1,122 1,173 1,224 1,275 1,326 1,377 1,428 1,479 1,530 1,581 1,632 1,683 1,734 1,785 1,836 1,887 1,009 1,055 1,101 1,147 1,193 1,239 1,285 1,331 1,377 1,422 1,468 1,514 1,560 1,606 1,652 1,698 1,184 1,238 1,292 1,345 1,399 1,453 1,507 1,561 1,615 1,668 1,722 1,776 1,830 1,884 1,938 1,991 1,065 1,114 1,162 1,211 1,259 1,308 1,356 1,405 1,453 1,501 1,550 1,598 1,647 1,695 1,744 1,792 1,246 1,303 1,360 1,416 1,473 1,530 1,586 1,643 1,700 1,756 1,813 1,870 1,926 1,983 2,040 2,096 1,122 1,173 1,224 1,275 1,326 1,377 1,428 1,479 1,530 1,581 1,632 1,683 1,734 1,785 1,836 1,887 1,282 1,341 1,400 1,457 1,516 1,575 1,632 1,691 1,750 1,807 1,866 1,925 1,982 2,041 2,100 2,157 1,155 1,207 1,260 1,312 1,365 1,417 1,470 1,522 1,575 1,627 1,680 1,732 1,785 1,837 1,890 1,942 1,319 1,379 1,440 1,500 1,560 1,620 1,679 1,739 1,800 1,859 1,919 1,980 2,039 2,099 2,160 2,219 1,188 1,242 1,296 1,350 1,404 1,458 1,512 1,566 1,620 1,674 1,728 1,782 1,836 1,890 1,944 1,998 1,356 1,418 1,480 1,541 1,603 1,665 1,726 1,788 1,850 1,911 1,973 2,035 2,096 2,158 2,220 2,281 1,221 1,276 1,332 1,387 1,443 1,498 1,554 1,609 1,665 1,720 1,776 1,831 1,887 1,942 1,998 2,053 1,392 1,456 1,520 1,582 1,646 1,710 1,772 1,836 1,900 1,962 2,026 2,090 2,152 2,216 2,280 2,342 1,254 1,311 1,368 1,425 1,482 1,539 1,596 1,653 1,710 1,767 1,824 1,881 1,938 1,995 2,052 2,109 1,429 1,494 1,560 1,624 1,689 1,755 1,819 1,884 1,950 2,014 2,079 2,145 2,209 2,274 2,340 2,404 1,287 1,345 1,404 1,462 1,521 1,579 1,638 1,696 1,755 1,813 1,872 1,930 1,989 2,047 2,106 2,164 1,466 1,533 1,600 1,666 1,733 1,800 1,866 1,933 2,000 2,066 2,133 2,200 2,266 2,333 2,400 2,466 1,320 1,380 1,440 1,500 1,560 1,620 1,680 1,740 1,800 1,860 1,920 1,980 2,040 2,100 2,160 2,220 1,502 1,571 1,640 1,707 1,776 1,845 1,912 1,981 2,050 2,117 2,186 2,255 2,322 2,391 2,460 2,527 1,353 1,414 1,476 1,537 1,599 1,660 1,722 1,783 1,845 1,906 1,968 2,029 2,091 2,152 2,214 2,275 1,539 1,609 1,680 1,749 1,819 1,890 1,959 2,029 2,100 2,169 2,239 2,310 2,379 2,449 2,520 2,589 1,386 1,449 1,512 1,575 1,638 1,701 1,764 1,827 1,890 1,953 2,016 2,079 2,142 2,205 2,268 2,331 1,576 1,648 1,720 1,791 1,863 1,935 2,006 2,078 2,150 2,221 2,293 2,365 2,436 2,508 2,580 2,651 1,419 1,483 1,548 1,612 1,677 1,741 1,806 1,870 1,935 1,999 2,064 2,128 2,193 2,257 2,322 2,386 1,612 1,686 1,760 1,832 1,906 1,980 2,052 2,126 2,200 2,272 2,346 2,420 2,492 2,566 2,640 2,712 1,452 1,518 1,584 1,650 1,716 1,782 1,848 1,914 1,980 2,046 2,112 2,178 2,244 2,310 2,376 2,442 1,649 1,724 1,800 1,874 1,949 2,025 2,099 2,174 2,250 2,324 2,399 2,475 2,549 2,624 2,700 2,774 1,485 1,552 1,620 1,687 1,755 1,822 1,890 1,957 2,025 2,092 2,160 2,227 2,295 2,362 2,430 2,497 1,686 1,763 1,840 1,916 1,993 2,070 2,146 2,223 2,300 2,376 2,453 2,530 2,606 2,683 2,760 2,836 1,518 1,587 1,656 1,725 1,794 1,863 1,932 2,001 2,070 2,139 2,208 2,277 2,346 2,415 2,484 2,553 1,722 1,801 1,880 1,957 2,036 2,115 2,192 2,271 2,350 2,427 2,506 2,585 2,662 2,741 2,820 2,897 1,551 1,621 1,692 1,762 1,833 1,903 1,974 2,044 2,115 2,185 2,256 2,326 2,397 2,467 2,538 2,608 1,759 1,839 1,920 1,999 2,079 2,160 2,239 2,319 2,400 2,479 2,559 2,640 2,719 2,799 2,880 2,959 1,584 1,656 1,728 1,800 1,872 1,944 2,016 2,088 2,160 2,232 2,304 2,376 2,448 2,520 2,592 2,664 1,796 1,878 1,960 2,041 2,123 2,205 2,286 2,368 2,450 2,531 2,613 2,695 2,776 2,858 2,940 3,021 1,617 1,690 1,764 1,837 1,911 1,984 2,058 2,131 2,205 2,279 2,352 2,425 2,499 2,572 2,646 2,719 1,832 1,916 2,000 2,082 2,166 2,250 2,332 2,416 2,500 2,582 2,666 2,750 2,832 2,916 3,000 3,082 1,650 1,725 1,800 1,875 1,950 2,025 2,100 2,175 2,250 2,325 2,400 2,475 2,550 2,625 2,700 2,775 1,869 1,954 2,040 2,124 2,209 2,295 2,379 2,464 2,550 2,634 2,719 2,805 2,889 2,974 3,060 3,144 1,683 1,759 1,836 1,912 1,989 2,065 2,142 2,218 2,295 2,371 2,448 2,524 2,601 2,677 2,754 2,830 1,906 1,993 2,080 2,166 2,253 2,340 2,426 2,513 2,600 2,686 2,773 2,860 2,946 3,033 3,120 3,206 1,716 1,794 1,872 1,950 2,028 2,106 2,184 2,262 2,340 2,418 2,496 2,574 2,652 2,730 2,808 2,886 1,942 2,031 2,120 2,207 2,296 2,385 2,472 2,561 2,650 2,737 2,826 2,915 3,002 3,091 3,180 3,267 1,749 1,828 1,908 1,987 2,067 2,146 2,226 2,305 2,385 2,464 2,544 2,623 2,703 2,782 2,862 2,941 1,979 2,069 2,160 2,249 2,339 2,430 2,519 2,609 2,700 2,789 2,879 2,970 3,059 3,149 3,240 3,329 1,782 1,863 1,944 2,025 2,106 2,187 2,269 2,349 2,430 2,511 2,592 2,673 2,754 2,835 2,916 2,997 2,016 2,108 2,200 2,291 2,383 2,475 2,566 2,658 2,750 2,841 2,933 3,025 3,116 3,208 3,300 3,391 1,815 1,897 1,980 2,062 2,145 2,227 2,310 2,392 2,475 2,557 2,640 2,722 2,805 2,887 2,970 3,052 2,052 2,146 2,240 2,332 2,426 2,520 2,612 2,706 2,800 2,892 2,986 3,080 3,172 3,266 3,360 3,452 1,848 1,932 2,016 2,100 2,184 2,268 2,352 2,436 2,520 2,604 2,688 2,772 2,856 2,940 3,024 3,108 60,000 62,000 64,000 66,000 68,000 70,000 72,000 74,000 Years of Service (Includes Unused Sick Leave) Without Survivor enefit With Survivor enefit 10

13 Group Life Insurance Plan for Federal Civilian Employees The Group Policy is underwritten by a large number of private insurance companies which write group insurance. ll claims are settled by the Office of Federal Employees Group Life Insurance, a non-governmental office established to administer the insurance on behalf of the insuring companies. Office of Federal Employees Group Life Insurance P.O. ox 6512 Utica, NY Phone (Toll Free): Fax: It is the responsibility of the person to whom the benefits are payable, however, to furnish notice of loss and proof of loss within the time specified. n accident which results in the loss of life, limb, or eyesight must be reported within 20 days after the accident. Proof of the loss resulting from the accident must be submitted on the form provided no later than 90 days after the date of the loss. However, if it is not possible to furnish notice or proof in the time specified, the requirements will be met if such notice or proof is furnished as soon as reasonably possible. ccidental death and dismemberment insurance providing double indemnity for accidental death, payment for accidental loss of eyesight or one or more limbs. The amount of each kind of insurance equals an employee s annual pay rounded to the next higher thousand plus $2,000, with a minimum of $10,000 insurance. The full amount of your accidental death and dismemberment insurance is payable in case of loss of life under such circumstances. Half the amount of such insurance is payable to you for the loss of one limb or sight of one eye, or the full amount for two or more such losses. Effective October 3, 1994, employees and retirees may assign their FEGLI to another person or trust. Contact your personnel office or retirement system for additional information. Effective July 25, 1995, any employee, retiree, or compensationer covered by FEGLI, who has been diagnosed as terminally ill with a life expectancy of nine months or less, may elect a living benefit. Living benefits are life insurance benefits paid to an individual while he or she is still living, rather than paid to a beneficiary or survivor upon the individual s death. Only basic insurance is available for living benefits. 11

14 Schedule of asic Insurance Withholdings GRETER THN NNUL PY UT NO GRETER THN SIC INSURNCE IWEEKLY MOUNT OF WITHOLDINGS PER PY PERIOD SEMI- MONTHLY MONTHLY $ 15,000 $ 16,000 $ 18,000 $ 2.70 $ 2.93 $ ,000 17,000 19, ,000 18,000 20, ,000 19,000 21, ,000 20,000 22, ,000 21,000 23, ,000 22,000 24, ,000 23,000 25, ,000 24,000 26, ,000 25,000 27, ,000 26,000 28, ,000 27,000 29, ,000 28,000 30, ,000 29,000 31, ,000 30,000 32, ,000 31,000 33, ,000 32,000 34, ,000 33,000 35, ,000 34,000 36, ,000 35,000 37, ,000 36,000 38, ,000 37,000 39, ,000 38,000 40, ,000 39,000 41, ,000 40,000 42, ,000 41,000 43, ,000 42,000 44, ,000 43,000 45, ,000 44,000 46, ,000 45,000 47, GRETER THN NNUL PY UT NO GRETER THN SIC INSURNCE IWEEKLY MOUNT OF WITHOLDINGS PER PY PERIOD SEMI- MONTHLY MONTHLY $ 45,000 $ 46,000 $ 48,000 $ 7.20 $ 7.80 $ ,000 47,000 49, ,000 48,000 50, ,000 49,000 51, ,000 50,000 52, ,000 51,000 53, ,000 52,000 54, ,000 53,000 55, ,000 54,000 56, ,000 55,000 57, ,000 56,000 58, ,000 57,000 59, ,000 58,000 60, ,000 59,000 61, ,000 60,000 62, ,000 61,000 63, ,000 62,000 64, ,000 63,000 65, ,000 64,000 66, ,000 65,000 67, ,000 66,000 68, ,000 67,000 69, ,000 68,000 70, ,000 69,000 71, ,000 70,000 72, ,000 71,000 73, ,000 72,000 74, ,000 73,000 75, ,000 74,000 76, ,000 75,000 77, Extra enefit effective with the first pay period beginning on or after October 1, 1981 for employees under age 45: This extra benefit doubles the amount of life insurance payable if you are age 35 or younger. eginning on your 36th birthday, the extra benefit decreases 10% each year until, at age 45, there is no extra benefit. Insurance Coverage During Retirement Decreasing mount fter ge 65, Or Retirement, Whichever Is Later (mount to be Paid to eneficiary if Insured Dies) GE INSURNCE COVERGES 65 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 $50,000 $55,000 $60,000 $65,000 $70, ,200 19,000 22,800 26,600 30,400 34,200 38,000 41,800 45,600 49,400 53, ,400 13,000 15,600 18,200 20,800 23,400 26,000 28,600 31,200 33,800 36, ,600 7,000 8,400 9,800 11,200 12,600 14,000 15,400 16,800 18,200 19, & 3 mos. 5,000 6,250 7,500 8,750 10,000 11,250 12,500 13,750 15,000 16,250 17,500 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% 25% Your basic insurance begins reducing 2% per month after age 65 or retirement, whichever is later, until you reach 25% of your basic coverage amount. See chart above. 12

15 Present FEGLI Program SIC Reduces 75% Monthly Cost $0.00 at ge 65 Reduces 50% Monthly Cost $0.71 per $1, No Reduction Monthly Cost $2.13 per $1, EXTR ENEFIT Reduces 100% at ge 45 STNDRD (Option ) Reduces 75% DDITIONL (Option ) Full Reduction 2% per month for 50 months or No Reduction Coverage will not reduce at all. fter age 65, continue to pay premiums appropriate to age. FMILY (Option C) Full Reduction 2% per month for 50 months or No Reduction Coverage will not reduce at all. fter age 65, continue to pay premiums appropriate to age. No Cash Savings ll Reductions will be at age 65 or retirement, whichever comes later unless otherwise stated. GLOE LIFE S INSURNCE PROGRM HELPS YOU SUPPLEMENT YOUR FEGLI PROGRM. 13

16 Samples of How FEGLI Works FEGLI - TOTL LIFE INSURNCE IN FORCE Employee s salary - $34, asic Insurance $37,000 Option $10,000 Option (5x) $175,000 Option C (1x) $5,000 Spouse $2,500 Child If under age 45 Extra enefit would also be included. It is very IMPORTNT to see how much more expensive FEGLI will be for you as you become older. The pay stub below is a sample of the employee s information stated above. The pay stub reflects ge Group 3. See the additional three ge Groups below the pay Stub to see your rising costs in FEGLI. PY LOC FINNCE NO EMPLOYEE NME SOCIL SECURITY PY PERIOD SERIL NUMER DETIL ERNINGS GROSS TO NET LEVE STTUS WK REC/LEV RTE CODE TYP HOURS PY THIS PERIOD YER TO DTE NNUL LEVE 1 P W GROSS PY FROM PREV YR Federal Taxes Singles 3 FED TX S ERNED THIS YR 6 00 State Taxes Single 0 ST TX KS S L FERS = 8, CSRS =1, CSRS Offset = 5 RETIRE USED YR 76 Medicare MEDICRE THIS PP 76 Union Dues UN W LNCE ank Direct Deposit LOT SICK LEVE ank Direct Deposit LOT FROM PREV YR Thrift Savings Plan 10% TSP ERNED THIS YR 4 00 G Fund 50% G USED YR F Fund 25% F THIS PP C Fund 25% C LNCE FEGLI Insurance, ge Group 3, Option Z, Option C 1x IN3Z LEVE WITHOUT PY Health Insurance HP THIS PP Social Security SOSEC CUMULTIVE Savings ond OND OND DT UNPPL L NO. ISSUED FLS NET PY ge 50 (age group 5) IN5Z1 $26.80 bi-weekly ge 55 (age group 6) IN6Z1 $53.15 bi-weekly ge 60 (age group 7) IN7Z1 $ bi-weekly The pay stub reflects a USPS employee. Their basic insurance is paid by the USPS. ll other employee s pay 15 bi-weekly per $1,000 of basic coverages as reflected on page 13. This employee s bi-weekly deduction would be increased by an additional $5.55 if non-postal. asic Life $ _ Total Life Insurance today $ Extra enefit $ _ Premium Payments today $ Option ($10,000) $ _ Total Life Insurance at Retirement and after Reductions $ Option $ _ Premium Payments after retirement $ 14

17 Simplified FEGLI enefit Package Worksheet Current Life Package asic Extra enefit ge Cost at assuming No Pay Raises asic Option (.15 per $1k, free if postal) Option Option Option Option C Option C (Family) Spouse Total i-weekly Cost at Children Total i-weekly Cost Extra enefit Factor Your ge ge Multiplication Factor Your ge ge Multiplication Factor 35 or under and over 1.0 Option Premiums per thousand ge Group iweekly Monthly ge Group iweekly Monthly Under 35 $0.02 $ $0.20 $ $0.03 $ $0.44 $ $0.04 $ $0.54 $ $0.07 $ $0.96 $ $0.11 $ $1.80 $3.900 Option 80+ $2.64 $5.720 Option Premiums per $10,000 face ge Group iweekly Monthly ge Group iweekly Monthly Under 35 $0.20 $ $0.70 $ $0.30 $ $1.10 $ $0.40 $ $2.00 $4.33 Option $6.00 $13.00 Option C Premiums per unit ge Group iweekly Monthly ge Group iweekly Monthly Under 35 $0.22 $ $1.48 $ $0.27 $ $2.70 $ $0.41 $ $3.14 $ $0.59 $ $3.83 $ $0.92 $ $5.26 $11.40 Option C 80+ $7.20 $15.60

18 What Happens to FEGLI? The amount of FEGLI life insurance that you elect now will be reduced significantly when you retire or turn 65, whichever comes first. asic Life Insurance and Option - Standard When you retire or turn 65, the face amount of your asic Life Insurance and Option -Standard starts to decrease 2% a month until only 25% of the face amount remains. Total Face mount fter Retirement (or ge 65) Coverages reduces 75% Option - dditional and Option C - Family Do not forget FERS participants can expect an approximate 70% drop in income at retirement. CSRS participants can expect an approximate 50% drop in income (with an additional approximate 50% drop in income for surviving spouse, assuming Survivor Spouse nnuity Plan is selected.) This chart explains which options you currently have. 100% 25% MONTHS $ x 25% = $ Coverage for Option - dditional and Option C - Family ends 50 months after you retire or turn 65, whichever comes first. You may elect to continue this coverage into retirement, but at a full premium which increases dramatically as you get older. Total Face mount fter Retirement (or ge 65) Coverages reduces 100% 100% 0% MONTHS $0 $ x 0% = $ 0 = Ineligible J = L,,, C(1-5X) S = L, -4 1 = CSRS = No benefits K = L, -2 T = L,, -4 8 = FERS C = L L = L,, -2 U = L, -4 C(1-5X) 5 = CSRS OFFSET D = L, M = L, -2 C(1-5X) V = L, -4,, C(1-5X) E = L, C(1-5X) N = L, -2,, C(1-5X) W = L, -5 F = L,, C(1-5X) O = L, -3 X = L,, -5 G = L, -1X P = L, -3, Y = L, -5, C(1-5X) H = L,, -1X Q = L, -3, C(1-5X) Z = L, -5,, C(1-5X) I = L,, C(1-5X) R = L, -3,, C(1-5X) FEGLI Won t Cover ll Your Life Insurance Needs Just a few years after your retirement, you will have significantly less life insurance than you need. Globe Life can help cover the gap that FEGLI leaves in your life insurance. Take advantage of the Supplemental Ordinary (Whole Life) or Term Life insurance offered through Globe Life today.

19 The dvantages Why Now is the est Time to Purchase Supplemental Life Insurance Guaranteed Issue* Ordinary Life policies are issued regardless of health, hobbies or occupation (subject to certain limitations). No Medical Exams** Coverage is based on your membership in a select group, not your medical record. nswer a few questions to see if you qualify. Payroll Deduction Premiums are payroll deducted by salary deduction authorizations for your convenience. ffordable Cost Immediate family members can start the program for as little as $1.50/week. Level Premiums No rate increases ever. Family Members Eligible Coverage provides benefits for you, your spouse, children, grandchildren, or any combination. No Decrease in Coverage Your benefits can never be reduced. Your policy amount does not decrease as you get older. Guaranteed Renewable s long as your premiums are paid on time, your policy will remain in force and cannot be canceled. Portable Coverage You are purchasing an individual policy you own the policy, not your employer. Which means that this coverage stays with you if you change jobs or retire. Globe Story Since 1951, millions of mericans have entrusted their insurance needs to Globe Life, and that number is growing every day. Globe has become a tradition in some families, with many second and even third generation policies in force. We provide a wide range of affordable life and health products and services designed to fit the needs of people from all walks of life. In 1972, Globe Life nd ccident Insurance Company discovered a need for civil service employees to supplement their life insurance benefits. s a result, Globe Life formed Employee Services Division (ESD) its Federal Market Division, and has developed special life and health insurance products to continually meet those needs. Through Globe Life s supplemental insurance program, civil service members and their families can purchase insurance protection designed to pick up where FEGLI leaves off. You already have life insurance coverage through your job with the Federal Government that is paid for with contributions made by both your employer and you. This group insurance policy is owned by your employer, and when you leave or retire, that coverage ends. You may also have purchased additional optional coverage that, although paid for in total by you, still terminates upon your departure from the Federal Government. You can purchase these same coverages yourself on an individual basis, but you need to qualify according to your age and health at that time. Your premiums, based on your age and health at that time, could be cost prohibitive. If you purchase Globe Life s supplemental life insurance coverage now, while you are still young and healthy, you lock in coverage at lower rates. Globe Life policies do not replace your existing employer-provided life insurance, or any other life insurance coverage you may have. Our policies supplement the security you already have in place. *Subject to certain limitations not available to individual is who are HIV positive or terminally ill. ** If applicant has certain preexisting medical conditions, policy will be issued with graded benefits: initial policy benefit is 25%; second year is 50%; third year is 75%; fourth year and thereafter is 100%. 17

20 Group Ordinary Life and Term Life - (Group/Individual) Paid-Up at ge 65 Group Ordinary Life and Term Life - (Group/Individual) Paid for Life Select the level of supplemental Life coverage needed, as well as any additional riders desired. Policy enefits Face mount* Premium Rate Settlement Options vailable at claim time. Employee:** Issue ge 18-55: $75,000 Spouse: Issue ge 18-55: $15,000 Children: Issue ge 30 days - 23: $7,000 Premiums remain level, then stop at ge 65 Issue ge 54-71: $30,000 Issue ge 54-71: $10,000 Premiums remain level for Life Death benefit paid in full to the beneficiary; nnuitize the death benefit; Or a combination of both. vailable Riders Terminal Illness ccelerated enefit Rider: Upon proof of terminal illness, insured will receive 50% of the current benefit available prior to death, subject to provisions of the rider. No additional charge for this rider No additional charge for this rider Waiver of Premium Disability Rider: Upon proof of the insured s total disability as defined by this rider, the company will waive any premiums due (on standard policy only). Issue ge 15-55: No additional charge for this rider ccidental Death enefit Rider: This rider pays up to $32,000 for an ccidental Death, subject to policy provisions. This benefit pays in addition to other sums collected under the policy (on standard policy only). Employee and Spouse Issue ge 18-55: $16,000 Face mount for $0.50 per week; $32,000 Face mount for $1.00 per week Children s Term to 25 Rider: Upon proof of the insured child s death, policy will pay beneficiary up to $10,000, subject to policy provisions. Only available on policies paid up at age 65. Issue ge 30 days - 23: $10,000 Face mount for $2.00 per week * Plans and enefits may vary by state. Graded enefit: initial policy benefit is 25%; second year 50%; third year 75%; fourth year and thereafter 100% ** For those still actively employed subject to certain limitations. Not available to individuals who are HIV positive or terminally ill. If applicant has certain pre-existing medical conditions, policy will be issued with graded benefits. Excess amounts over the Guaranteed Face mount subject to regular underwriting. 18

21 Cash enefit Cancer Plan Here are the Facts: $50,000 CSH 1. 1 in 2 men and 1 in 3 women will develop cancer* 2. verage debt from medical bills after one year of cancer treatment is $26,800.** 3. Cancer patients are 2.5 times more likely to declare bankruptcy than those without cancer.*** More people are surviving cancer than ever before because of modern medical technology and treatments. Care can be expensive, and surviving a cancer diagnosis can create a serious financial hardship. First Diagnosis Cash enefit Cancer Policy can help. Here s how it works: the first time a covered person is diagnosed with a covered cancer, the policy pays up to $50,000 cash, one time, to use as you see fit. That s it! Here s the best part! No hospitalization required you don t need to have treatment to collect No physical exam required to apply Only health of applicant considered family history not an issue Pays in addition to all other insurance Money is paid directly to you and you decide how it s spent Definition of First Diagnosis First diagnosis means the first time a Covered Person is diagnosed as having internal cancer or malignant melanoma (this excludes all other skin cancer); provided the diagnosis is after the waiting period and while this Policy is in force with respect to the Covered Person. Each covered person is limited to one First Diagnosis of Cancer benefit under the terms of this policy. To any one person the maximum benefit available shall be the amount set forth in the listed enefit mount in the Policy Schedule. Limitations and Exclusions You may be able to: Replace lost income while unable to work Offset cancer treatment costs not covered by health insurance Pay for transportation to and from treatments Provide hotels and meals for your family so they can be close to you Or use it to take a vacation More things you should know: Issue ages 0-69 Individual, single parent, and family plans Premiums will not increase with age only on a class basis by state Guaranteed renewable until covered person s onetime cash benefit is paid enefit paid upon written satisfactory proof of first-time diagnosis of cancer while policy is in force. This policy pays a benefit only for First Diagnosis of internal cancer or malignant melanoma (this excludes all other skin cancer). Pathological proof thereof must be submitted. This policy does not provide benefits for any other disease or sickness or incapacity. 2. This policy contains a 30 day waiting period. That means that the enefit is not payable to anyone who has cancer diagnosed before the policy has been in force 30 days from the Effective Date shown in the policy schedule. If a covered person has cancer first diagnosed during the waiting period, the covered person may void the policy from the beginning and receive a full refund of premium. 3. This policy will not pay benefits if the diagnosis of Cancer is made outside the United States of merica.*2016 Cancer Facts & Figures and 2014 Cancer Treatment and Survivorship Facts & Figures **merican ssociation for Cancer Research. Cancer Progress Report ***Fred Hutchinson Cancer Research Center. Cost of Cancer Treatment in the U.S Plans and benefits may vary by state. Issue ages 0-64 in C One-time maximum benefit amount to any one person as listed in the policy schedule. 19

22 OL 65 OL 100 WEEKLY GE NME GLOE LIFE COVERGE / PRE-EXISTING CONDITIONS CV 10TH YER CV GE 65 CV 10TH YER CV 20TH YER RIDERS Waiver of Premium Yes No per week or per pay period Terminal Illness Yes No Children s Rider Yes No Globe Life nd ccident Insurance Company 50 ccidental Death Yes No If yes $32,000 $16,000 / Denotes $16,000 ccidental Death enefit Plus Face mount 3 20

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