Dependant Child Life Insurance: Hartford's Essential Coverage

what is dependant child life insurance hartford

Employees can purchase dependent life insurance for their spouse and eligible children (under 26 years of age) from The Hartford. The cost is $1.00 per month to purchase $10,000 coverage for a spouse, and $5,000 coverage for each eligible child. Employees can also purchase voluntary child life insurance for their eligible children (under 26 years of age). This can be purchased in increments of $5,000, up to a $20,000 maximum, at the cost of $1.15 per $5,000 of coverage purchased. The Hartford's Life Insurance also provides other services to an employee and their family, like will preparation, funeral planning, and travel assistance.

Characteristics Values
Cost $1.00 per month for $10,000 coverage for a spouse, and $5,000 coverage for each eligible child
Maximum coverage $20,000
Maximum monthly cost $4.60 per month for $20,000 coverage for all eligible children
Child coverage amount Up to $15K (standard is $10K)
Annual buy-up option Without Evidence of Insurability (EOI)
Protection For children, spouses and employees

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Employees can purchase dependent life insurance for their spouse and eligible children (under 26 years of age)

The Hartford's dependent life insurance is a benefit that pays a beneficiary (a person chosen by the employee) a lump sum upon the employee's death. This can help to relieve financial strain for families and beneficiaries after an employee's death. Payouts can range from a flat dollar amount to multiples of an employee's salary (e.g. 3x the salary). The Hartford also provides other services to an employee and their family, such as will preparation, funeral planning, and travel assistance.

The Hartford's Life Form Series includes GBD-1000, GBD-1100, or state equivalent. Employees may also have access to resources and services that can support their life holistically. The standard child coverage amount is $10,000, with an annual buy-up option of up to $15,000 without Evidence of Insurability (EOI).

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The cost is $1.00 per month for $10,000 coverage for a spouse and $5,000 coverage for each eligible child

Employees are able to purchase dependent life insurance for their spouse and eligible children (under 26 years of age). The cost is $1.00 per month for $10,000 coverage for a spouse and $5,000 coverage for each eligible child. This means that for $12 a year, employees can ensure that their spouse and children will be provided for in the event of their death. This is a small price to pay for peace of mind.

The Hartford's dependent life insurance is a valuable benefit that can help relieve financial strain for families. In the event of an employee's death, their spouse and children will receive a lump sum payout. This money can be used to cover funeral costs, support the family's day-to-day expenses, or fund the children's education.

In addition to the dependent life insurance, employees can also purchase voluntary child life insurance for their eligible children. This coverage can be purchased in increments of $5,000, up to a maximum of $20,000. For example, $20,000 of coverage for all eligible children in a family would cost the employee $4.60 per month. This additional coverage can provide even more financial security for families with children.

The Hartford also offers other services to employees and their families, such as will preparation, funeral planning, and travel assistance. These services can help employees plan for the future and ensure that their loved ones are taken care of, no matter what happens. Overall, The Hartford's life insurance options provide comprehensive protection and support for employees and their families.

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Employees can also purchase voluntary child life insurance for their eligible children (under 26 years of age)

The Hartford's Life Insurance can help protect your employees and their families in the event of an unexpected death. It can relieve financial strain for families and beneficiaries by paying a lump sum to a chosen beneficiary upon an employee's death. This payout can range from a flat dollar amount to multiples of an employee's salary (e.g., 3x the salary).

The Hartford also offers Accidental Loss of Life and Severe Injury Benefits coverage, which includes protection for children, spouses, and employees. This coverage can provide peace of mind and financial support in the event of an accident or severe injury.

Additionally, employees may have access to resources and services that can support their holistic well-being. For example, The Hartford offers a standard child coverage amount of $10,000, with an annual buy-up option of up to $15,000 without Evidence of Insurability (EOI). This flexibility allows employees to choose the level of coverage that best suits their needs and provides an additional layer of protection for their children.

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This can be purchased in increments of $5,000, up to a $20,000 maximum, at the cost of $1.15 per $5,000 of coverage purchased

Employees are able to purchase dependent life insurance for their spouse and eligible children (under 26 years of age). The cost is $1.00 per month to purchase $10,000 coverage for a spouse, and $5,000 coverage for each eligible child. Employees are also able to purchase voluntary child life insurance for their eligible children (under 26 years of age). This can be purchased in increments of $5,000, up to a $20,000 maximum, at the cost of $1.15 per $5,000 of coverage purchased. For example, $20,000 of coverage for all eligible children in your family would cost the employee $4.60 per month.

The Hartford's Life Insurance offers a range of services to an employee and their family, including will preparation, funeral planning, and travel assistance. The benefit pays a beneficiary (a person an employee chooses) a lump sum amount upon an employee’s death. The insurance can help relieve financial strain for families and beneficiaries after an employee’s death. Payouts can range from a flat dollar amount to multiples of an employee’s salary (e.g. 3x the salary).

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The Hartford's Life Insurance also provides other services to an employee and their family, like will preparation, funeral planning, and travel assistance

The Hartford's Life Insurance offers a range of services to employees and their families, including will preparation, funeral planning, and travel assistance. Employees are able to purchase dependent life insurance for their spouse and eligible children (under 26 years of age). The cost is $1.00 per month to purchase $10,000 coverage for a spouse, and $5,000 coverage for each eligible child. Employees are also able to purchase voluntary child life insurance for their eligible children (under 26 years of age). This can be purchased in increments of $5,000, up to a $20,000 maximum, at the cost of $1.15 per $5,000 of coverage purchased. For example, $20,000 of coverage for all eligible children in your family would cost the employee $4.60 per month. The Hartford also offers a standard child coverage amount of up to $10,000, with an annual buy-up option to increase this to $15,000 without Evidence of Insurability (EOI).

Frequently asked questions

Dependent child life insurance is a type of insurance that pays a beneficiary a lump sum upon the death of the policyholder.

Employees can purchase $5,000 coverage for each eligible child for $1.00 per month. Employees can also purchase voluntary child life insurance for their eligible children (under 26 years of age). This can be purchased in increments of $5,000, up to a $20,000 maximum, at a cost of $1.15 per $5,000 of coverage purchased.

The maximum coverage amount for a dependent child life insurance policy from Hartford is $20,000.

In addition to life insurance, Hartford offers will preparation, funeral planning, and travel assistance. They also provide accidental loss of life and severe injury benefits coverage, which includes protection for children, spouses, and employees.

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