In addition to your Partner Basic Group Term Life and Accident Insurance, Locke Lord has designed the Supplemental Group Variable Universal Life (GVUL) Insurance to allow you the option to purchase voluntary Dependent Life Insurance for your spouse and dependent children. Note: You must elect Supplemental Life insurance for yourself in order to ensure your spouse and/or children.
Voluntary Dependent Life Insurance in increments of $5,000 to a maximum of $250,000 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 Dependent Life Insurance in increments of $2,000 to a maximum of $10,000 for each dependent child. For the GVUL, your dependent children are defined as your natural children, stepchildren, legally adopted children, and foster children at least 15 days old through age 20 or through age 25 if a registered student in a full-time accredited educational institution.
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.
