Louisiana Administrative Code
Title 32 - EMPLOYEE BENEFITS
Part I - General Provisions
Chapter 15 - Participation by Active or Retired Members of the Louisiana National Guard
Section I-1511 - Term Life Insurance
Universal Citation: LA Admin Code I-1511
Current through Register Vol. 50, No. 9, September 20, 2024
A. Evidence of Insurability. Any active or retired member of the Louisiana National Guard or dependent(s) of such member for whom application for life insurance is made shall, in addition to all other required documentation, provide evidence of insurability acceptable to the insurer providing the OGB sponsored term life insurance. Such evidence of insurability shall be provided at no cost to OGB and/or the insurer providing the OGB sponsored term life insurance.
B. Effective Date
1. Unless delayed as set forth below, the
effective date of life insurance will be the first of the month next following
OGB's receipt of approval of the application for coverage from the insurer
providing the OGB sponsored term life insurance.
2. Delay of Effective Date. If an active or
retired member of the Louisiana National Guard, or dependent(s) of such member,
is/are confined for medical care or treatment at home or elsewhere on the date
that life insurance coverage would otherwise be effective, coverage for such
individual(s) will take effect upon final medical release from such
confinement.
C. Amount of Life Insurance
1. Option 1-Basic Life
Insurance:
a. active or retired member of the
Louisiana National Guard-$5,000;
b.
dependent(s) of active or retired member of the Louisiana National Guard:
i. spouse-$2,000 and $1,000 per eligible
child; or
ii. spouse-$1,000 and
$500 per eligible child.
2. Option 2-Basic Life Insurance plus
Supplemental Life Insurance:
a. active or
retired member of the Louisiana National Guard-$20,000;
b. dependent(s) of active or retired member
of the Louisiana National Guard:
i.
spouse-$4,000 and $2,000 per eligible child; or
ii. spouse-$2,000 and $1,000 per eligible
child.
AUTHORITY NOTE: Promulgated in accordance with R.S. 42:801(C), 802(B)(2), and 42:808.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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