Basic Life & AD&D

Carroll County Schools provides all full-time employees with Basic Life and Accidental Death and Dismemberment coverage at no cost to the employee. Your Basic Life insurance benefit will be at least $21,250. Your specific benefit is determined by your job title (see the chart below). 

 

The life insurance also provides what is commonly referred to as an Accelerated Death Benefit. If you are diagnosed with a terminal illness with a life expectancy of less than 12 months, you may collect up to 80% of your life insurance prior to your death as an advanced payment. When you die, the amount that you have already received will be deducted from the total amount of life insurance that was in effect. 

 

To receive the Accelerated Death Benefit, you must provide proof of your terminal illness. You will be required to provide: 

1. A completed accelerated benefit claim form; 

2. A signed Physician’s certification that you are terminally ill; and 

3. An examination by a Physician of OneAmerica’s choice, at OneAmerica’s expense, if OneAmerica requests it.