2019 PEBB open enrollment has begun. You have until November 30, 2018 to make changes to your coverage.

Life insurance

The PEBB Program provides life insurance to eligible members through Metropolitan Life Insurance Company (MetLife). As a PEBB retiree, you may be eligible to purchase retiree term life insurance on a self-pay basis or continue your employee life insurance coverage under the Portability or Conversion provisions.

What amount of insurance can I buy?

Eligible PEBB retirees have the option to purchase $5,000, $10,000, $15,000, or $20,000 of coverage.

How much does retiree term life insurance cost?

See Retiree Term Life Insurance Monthly Premiums.

Your cost depends on the amount of coverage you select and your age. The monthly premiums increase as your age increases and may change each calendar year. Your coverage does not decrease as you age.

As a PEBB retiree, you may be eligible to enroll in PEBB retiree term life insurance on a self-pay basis.

Am I eligible for PEBB retiree term life insurance?

Retiree term life insurance is available to subscribers who:

  • Meet PEBB retiree eligibility requirements,
  • Were enrolled in PEBB Program life insurance as an active employee,
  • Are not on a waiver of premium due to disability, and
  • Return the required forms to the PEBB Program no later than 60 days after the date their PEBB employee life insurance ended. For elected and full-time appointed officials, the PEBB Program must receive the required forms no later than 60 days after the official leaves public office.

Your dependents are not eligible for retiree term life insurance and you cannot have a break in life insurance coverage.

How do I enroll?

To enroll in PEBB retiree term life insurance

To enroll in retiree term life insurance you will need to complete the Retiree Coverage Election/Change form (Form A) and the MetLife Enrollment/Change form for Retiree plan.
Note: It may take up to 30 days to process the MetLife enrollment/change form.

The PEBB Program must receive these forms no later than 60 days after your PEBB employee life insurance ends, or no later than 60 days after the date you leave public office if you are an elected or full-time appointed official. If you enroll when eligible and pay premiums on time, insurance becomes effective the first day of the month following the date your PEBB employee life insurance coverage ended.

Deferring life insurance

If you have deferred your PEBB retiree health coverage and become eligible for the employer contribution toward PEBB Program life insurance (for example, by returning to state service), you may keep or cancel your retiree term life insurance.

How do I continue my employee life insurance coverage?

If your PEBB employee life insurance ends due to retirement, you may have an opportunity to continue all or part of your coverage through a portability or conversion option. If you are eligible for these options, MetLife will send you information and an application. For more information, please contact MetLife at 1-877-275-6387.

Can I continue PEBB retiree life insurance if coverage ends?

You have the option to convert if your life insurance:

  • ends because:
    • the group policy ends, provided you have been enrolled in life insurance for at least 5 continuous years; or
    • the group policy is amended to end all life insurance for an eligible class of which you are a member, provided you have been enrolled for at least 5 continuous years; or
  • is reduced due to a change to this group policy.

If you decide not to convert a reduction in the amount of your life insurance as described above, you will not have the option to convert that amount at a later date.

MetLife Advantages

Retirees enrolled in retiree term life insurance through MetLife can take advantage of MetLife’s comprehensive suite of services including will preparation and estate planning services at no additional cost.

Will preparation

MetLife’s Will Preparation Service provides telephone and in-person access to a participating Hyatt Legal Plans attorney to prepare or update a will, living will, and powers of attorney.

For more information call (800)-821-6400.

Estate resolution services

MetLife’s Estate Resolution ServicesSM (ERS) provides probate services to the representative (executor or administrator) of a deceased employee’s estate and the estate of the employee’s spouse or state-registered domestic partner. Examples of probate services covered under ERS include participating plan attorneys’ fees for phone and in-person consultations, preparation of documents, and representation at necessary court proceedings.

For more information call (800) 821-6400.

Delivering the Promise

The Delivering the Promise program is designed to provide beneficiaries with the support and guidance they need during this difficult time. Beneficiaries receive one-on-one assistance when they need it most, including help with filing claims and government benefits, locating support resources and identifying any other important issues associated with the loss of a loved one.

For more information call (877) 275-6387.

Willcenter.com

Self-service online legal document preparation. Visit Willcenter.com to register as a new user.

MetLife Infinity

Digital storage for deeds, wills, executor instructions, and financial and life stage planning documents. Visit MetLife Infinity to register and learn more.

Total control account

An option allowing immediate access to the life insurance fund without usage fees.

For more information call (800) 638-7283.

Questions and answers

Who can I name as my beneficiary?

You can name any beneficiary you wish when you complete the MetLife retiree enrollment/change form, or anytime during the year through MyBenefits, or submitting a completed beneficiary form to MetLife. If you die with no named living beneficiary, payment will generally be made to your survivors in this order:

  1. Spouse* or state-registered domestic partner
  2. Children
  3. Parents
  4. Siblings
  5. Estate

*If you're married and want to name someone other than your spouse as beneficiary, or if you have special estate planning needs, please seek legal/tax advice before you complete your beneficiary designation.

What if I become disabled?

If you become disabled after the effective date of this insurance, you must continue making premium payments to keep your insurance in force.

How do my survivors file a claim?

If you die, your beneficiary should call MetLife at 1-866-548-7139. Your beneficiary should also notify the PEBB Program of your death. We may share this information with the Department of Retirement Systems to better serve your survivors.

How can I cancel my Retiree Term Life Insurance?

To cancel your Retiree Term Life Insurance you must complete MetLife’s Retiree Cancellation Form and send it to:

MetLife Recordkeeping Center
PO Box 14406
Lexington, KY 40512-4406

Note: If you are a retiree, cancelling Retiree Term Life coverage is permanent. You may not reapply to Retiree Term Life in the future.

Contact

MetLife

Phone: 1-866-548-7139, benefits specialists available Monday through Friday, 5 a.m. to 8 p.m. Pacific Time (except for the major holidays).

  • Customer support for questions about your account, benefit options, claims, beneficiaries, and billing.
  • 24/7 automated customer support to order forms, confirm coverage, and verify beneficiaries.

Online: MetLife