Frequently Asked Questions Regarding Benefits

Frequently Asked Questions Regarding Benefits

How do I apply for insurance? Please contact your plan administrator in your Human Resource Department to apply for insurance coverage.

What is an eligibility waiting period? The eligibility waiting period is a specific period of time an employee must be actively employed full time to be eligible for insurance coverage and is a standard contract provision. Employees are eligible for coverage after completing the waiting period. All new employees will be added to the bill effective the first of the month following completion of the waiting period or upon signing the enrollment form, whichever is later. There will be no mid-month premium calculation. Please note that employees contractually have 31 days from their date of eligibility to enroll. If employees enroll for contributory coverage during this 31-day eligibility period, the effective date will be the first of the month following the date of signature. We strongly suggest that employees complete and submit applications during the waiting period. For example, assuming a 30 day waiting period, an employee who starts working full time on 9/15/-- would be eligible for the LTD coverage on 10/15/--. (Please see your certificate of coverage for your employer's specific waiting period.)

What is Evidence of Insurability? It's simply documentation of an insurance applicant's health history, possibly including a statement from a physician or a medical examination.

What is Guarantee Issue? The Guarantee Issue amount is the maximum benefit amount allowed without having to complete the Evidence of Insurability (EOI) form.

What does late entrant mean? You have up to 31 days to apply for coverage after becoming eligible. If you are outside of this 31 days, you will be considered a late entrant. Being a late entrant means you must provide Evidence of Insurability for life and disability coverages.

When is a completed Evidence of Insurability (EOI) form required? Evidence of insurability may be required under several circumstances. ? You have applied for an amount of group life insurance that is higher than the Guarantee

Issue amount for your plan. ? You are already enrolled, and you want to increase coverage.

? You declined group life, disability or critical illness coverage during the initial eligibility period but now want coverage.

? You want to increase coverage for long-term or short-term disability, or critical illness insurance.

? You are considered a "late applicant" because you are applying for coverage more than 31 days after your plan's eligibility period.

? Lincoln reserves the right to require evidence of insurability for other reasons not specified here.

How do I add, terminate or make changes to my coverage? Please contact your plan administrator in your Human Resource Department for any changes to your coverage.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations. ?2017 Lincoln National Corporation. All rights reserved. LCN-1825530-062017

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