Do I need Evidence of Insurability (EOI) to enroll for coverage?
A medical history statement verifies your general health and serves as your EOI for Life and AD&D coverage. It provides the insurance company with information to determine if you can enroll.
• If you enroll when you’re first eligible, you don’t have to submit EOI for coverage up to the guaranteed issue limit (five times your salary or $600,000, whichever is less).
• If you didn’t select coverage when you were first eligible, you must submit EOI.
• If you have coverage, you may increase your coverage by one times your annual base salary each year without providing EOI, up to the plan's guaranteed issue limit of five times your annual base pay or $600,000, whichever is less.
• If you have spouse coverage now, you may increase your spouse coverage by one times your annual salary each year without providing EOI, up to the amount of coverage you have for yourself or the plan's guaranteed issue limit of $100,000, whichever is less. Your spouse is not allowed to have more coverage than you do.
• For increases greater than your one times base salary, you or your spouse must provide EOI.
• When the insurance company requires EOI, you can complete and submit your form through the insurance company’s website. Coverage that requires EOI is effective the first of the month after the company approves your EOI.