ING Term Life Insurance

This program is sponsored by the State of North Carolina as part of the NCFlex benefits program. ING is the plan administrator for the State; the plan is underwritten by ReliaStar Life Insurance Company.

This is a group term life insurance program that can help provide income security for you and your family while you are employed by the University.

All permanent part-time (20-29 hours per week) and full-time (30 or more hours per week) employees can elect coverage. Dependent coverage is not available under this program.

Coverage: You can elect life insurance coverage in increments of $10,000. A minimum of $20,000 is available, up to a maximum of $500,000 in coverage. Your coverage amount may not exceed five times your base annual earnings. If you enroll in this plan the first time it is offered to you, you may elect coverage up to $100,000 without providing Evidence of Insurability (EOI). If you elect coverage over $100,000, or decide to enroll at a later time, you will need to submit Evidence of Insurability, which will be reviewed by ING.

Premiums: Premiums for this plan are paid solely through employee contribution as a pre-tax payroll deduction.

Your Age	Monthly Rates/ $1,000 Coverage
Under 25	$0.049
25-29	$0.059
30-34	$0.079
35-39	$0.089
40-44	$0.139
45-49	$0.198
50-54	$0.337
55-59	$0.564
60-64	$0.84
65-69	$1.73
70 and above	$2.52

If you are paid on a monthly basis, the full monthly contribution is deducted from each paycheck. If you are paid on a biweekly basis, half of your monthly contribution is deducted from the first two paychecks of the month.  

You must enroll within 30 days of your hire date or a qualifying family status change, or during annual enrollment. You may be subject to Evidence of Insurability if you are a late enrollee.

If you have questions about the benefits offered through this plan, please contact your department's Benefit Specialist.

If you have questions about processing a claim, contact ING at 888-238-4840, or at www.ingemployeebenefits-us.com.

Benefits Services in the Office of Human Resources is responsible for reviewing and revising as needed the content of this page.

The information contained in this website is not a contract and is subject to change. It should be understood that explanations in this summary cannot alter, modify or otherwise change the controlling legal documents or general statutes in any way, nor can any right accrue by reason of any inclusion or omission of any statement in this presentation. The most current information will always be found at the benefit carrier's home page. The Office of Human Resources designs these pages to be as current as possible; however, the benefit information provided herein is always subject to change.