Converting or Porting Supplemental Term Life Insurance

Coverage under the Supplemental Term Life Insurance Plan for active employees ends on your termination date*. Within 31 days of your termination date, you have the option to convert your employee and/or dependent life insurance coverage to an individual policy or port that coverage following your termination of employment as follows:

Employee Supplemental Life Insurance:

You may convert the coverage to an individual policy; or

You may port the lesser of your total life insurance in effect at date of termination or up to $2 million (in increments of $25,000)

You must provide MetLife evidence of insurability for the additional coverage amount

If you are already at the $2 million maximum you may not increase your coverage.

Dependent Spouse/Domestic Partner Supplemental Life Insurance:

You may convert the coverage to an individual policy; or

You may port the minimum of $2,500 ($10,000 when porting Dependent Spouse/Domestic Partner Life Insurance alone) to a maximum of the lesser of your total dependent spouse/domestic partner life insurance in effect at date of termination or $300,000.

Dependent Child Supplemental Life Insurance:

You may convert the coverage to an individual policy; or

You may port your dependent child supplemental life insurance coverage at a minimum of $1,000 to a maximum of the lesser of the total amount in effect at the date of termination or $20,000.

* If you die while in your conversion or portability period, within 31 days of your termination date, MetLife will consider a claim for benefits made by your designated beneficiar(ies).