In addition to Life and Accident Insurance provided to you, Locke Lord has designed the Group Term Life Insurance to allow you the option to purchase voluntary Dependent Life Insurance for your spouse and dependent children.
Spouse Voluntary Life Insurance is available in increments of $5,000 to a maximum of $500,000 and may be purchased for your spouse (Evidence of Insurability required for amounts over $50,000) and may not exceed 100% of your own total Life. Your spouse is defined as your lawful spouse, including a legally separated spouse, Domestic Partner, and Civil Union.
You may also purchase Child Voluntary Life Insurance for a flat $10,000 for each dependent child. For the Child Voluntary Life, your dependent children are defined as your unmarried children, stepchildren, legally adopted children, and foster children from live birth to age 28 regardless of student status.
If there is ever a question about this benefit, or if there is a conflict between the information in this summary and the formal language of the Plan documents, the formal wording in the Plan documents will govern. Please note the benefits described in this summary may be changed at any time and do not represent a contractual obligation on the part of Locke Lord LLP.
