Program Summary for Group Variable Universal Life ...
Program Summary for Group Variable Universal life insurance for United Airlines Pilots GVUL life insurance Coverage (employee-paid) Supplemental coverage up to 1 -14 times your base annual salary* in salary increments, up to a total of $3,000,000. *Base annual salary is defined as your blended hourly pay rate x 1026 hours. Spouse/Qualified Domestic Partner Coverage Minimum coverage: $20,000 Maximum coverage: $500,000 in $20,000 increments Dependent Child(ren) Coverage $10,000 Eligibility: You may insure your unmarried dependent children from age 15 days up to age 26. When children reach age 26 they may convert their coverage to an individual life insurance policy with MetLife. In some instances, MetLife may require additional medical information to evaluate insurability. Required information will be collected at the convenience of the applicant and paid for by MetLife. Tax-deferred Investment Opportunity Within the MetLife GVUL insurance certificate there is a tax-deferred investment feature that allows you to contribute additional premium, above the cost of insurance , to various investment options.
Program Summary for Group Variable Universal Life Insurance for United Airlines Pilots GVUL Life Insurance Coverage (employee-paid) Supplemental coverage up to 1 -14 times your base annual salary* in ½ salary increments, up to a total of
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