City of Yukon
Voluntary Insurance Options
By choosing to participate in supplemental plans through your employer, you have some advantages compared to buying the plans direct.
1. Discounted Rates
2. Convenient Payroll Deductions
3. Pre-taxing of qualified plans
4. Simplified Underwriting Questions/Guaranteed Issue on some plans
5. Most plans are portable (Keep them when you leave employment or retire)
6. Rate Stability
Benefits Management
The only time that you can make elections or changes is during Open Enrollment or as a new hire, unless you have a Qualified Life Event. Please feel free to contact us or your HR with questions.
Leaders Life - Term to 100 Life Insurance
Leaders Life can be added or changed anytime of the year. As a new hire, it is important to review this Life Insurance option, because you will have limited health underwriting.
New Hires can purchase the following Contingent Guaranteed Issue amounts:
Employee $100,000
Spouse $50,000
Child $50,000
Grandchild $50,000
(only answer the CGI questions on the first page of the application)
Existing employees must apply for coverage by answering all health questions during the application process.
For more information please contact your agent at the bottom of this page.
Accident Insurance
How can Accident Insurance help?
Accidents can happen at any time and treating them can be costly. Even with health insurance there may be out-of-pocket costs - causing everyday expenses to suddenly seem overwhelming. Accident Insurance helps provide financial protection if a covered accidental injury occurs.
Hospital Insurance
Understand the difference Colonial Life makes in your financial security
The Hospital Plan pays cash benefits directly to you, unless otherwise assigned, for covered hospital expenses. It provides you with financial resources to help you overcome some of the unexpected expenses associated with a visit to the hospital, giving you less to worry about so you can focus your energy on getting better.
Cancer Insurance
Helps with the high cost of cancer care
Treating cancer can be expensive. From deductible and copays to treatment, transportation and childcare, there are expenses that health insurance may not cover. Cancer Insurance offers financial protection by providing robust benefits that help cover the patient from initial diagnosis, through treatment and beyond. And benefits are paid directly to them to use as they see fit.
Group Critical Illness Insurance
Helps with the high cost of a Critical Illness
Treating a Critical Illness, such as a Heart-Attack or Stroke, can be expensive. From your deductible and copays, transportation and childcare, there are expenses that health insurance may not cover. Critical Illness Insurance offers financial protection by providing a lump sum benefit that can help you stay financially secure.
Term Life Insurance
Is your family protected if something happens to you?
Make sure you've done all you can to help protect their way of life by having term life insurance that will help your loved ones through the tough times.
We have options for 10-year, 20-year or 30-year term life coverage with varying face amounts. This allows you to choose the life insurance protection that fits your family.
If you need assistance or have questions about your claim please contact our office.
405-996-0888
