Young Texan Life Insurance Plan
Life Moves Fast. Is your child protected?
Introducing the Young Texan's Life Insurance Plan. |
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An investment in your child's future.You can get $10,000 of life insurance for your child1 for only $1.00 every month - |
Under the Young Texan Plan your child1 is eligible for Life Insurance coverage of $10,000 underwritten by MetLife - with no medical questions to answer.2
Life Benefits
If the child dies while covered for life benefits, the designated beneficiary will be paid the amount of life benefits that is in effect on the date of death.
Ability to Continue Coverage
If an insured member under the Young Texan Plan has his or her life insurance benefits terminated, then the insured may be eligible to apply for an individual life insurance policy without the need to provide evidence of insurability.
Accidental Death and Dismemberment Benefits
If the child dies as a result of a covered accident, an additional benefit will be paid equal to the life insurance benefit. The amount that may be paid for losses other than death are described in the Table of Covered Losses and Benefit Amounts below. This Accidental Death and Dismemberment benefit is paid if the loss occurs within 3 months of the accident. No more than the full amount of the Accidental Death and Dismemberment benefit will be paid for a covered loss that results from injuries sustained in one accident. Accordingly, the maximum payout under the policy will be two times the amount of the basic life insurance coverage (life benefit plus the full amount of the Accidental Death and Dismemberment benefit) plus the Seat Belt and Air Bag benefits, if applicable.
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Now is the time to consider how to protect the people who are most important to you -
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Table of Covered Losses and Benefit Amounts
Covered Losses Benefit Amounts
All amounts listed are stated as percentages of the Full Amount
| Loss of life | 100% |
| Loss of an arm permanently severed at or above the elbow | 75% |
| Loss of a leg permanently severed at or above the knee | 75% |
| Loss of a hand permanently severed at or above the wrist but below the elbow | 50% |
| Loss of a foot permanently severed at or above the ankle but below the knee | 50% |
| Loss of sight in one eye | 50% |
| Loss of any combination of hand, foot, or sight of one eye, as defined above | 100% |
| Loss of the thumb and index finger of same hand | 25% |
| Loss of speech and loss of hearing | 100% |
| Loss of speech or loss of hearing | 50% |
| Paralysis of both arms and both legs | 100% |
| Paralysis of both legs | 50% |
| Paralysis of the arm and leg on either side of the body | 50% |
| Paralysis of one arm or leg | 25% |
| Brain Damage | 100% |
| Coma | 100% |
Additional Benefits for Seat Belts and Air Bags
The Seat Belt benefit provides an additional 10% (minimum of $1,000 and a maximum of $10,000) and the Air Bag benefit provides an additional 5% (minimum of $100 and a maximum of $10,000) of the full amount of the accidental death and dismemberment benefit. These benefits are payable if the insured member dies as a result of injuries sustained in an accident while driving or riding in a registered vehicle equipped with an Air Bag(s) and/or wearing a properly fastened seat belt.
Common Carrier Benefit
If an insured member's loss of life results from riding as a fare-paying passenger in any public common carrier, such as a bus, train or airplane, the company will pay a total benefit payout, of three times the life benefit amount, which is composed of the Life benefits, plus the full amount of the Accidental Death and Dismemberment benefit, plus the full amount of the Common Carrier benefit.
Accidental Death and Dismemberment Exclusions
Benefits will not be paid for any loss caused or contributed to by: physical or mental illness or infirmity, or the diagnosis or treatment of such illness or infirmity; infection, other than infection occurring in an external accidental wound; suicide or attempted suicide; intentionally self-inflicted injury; committing or attempting to commit a felony; the voluntary intake or use by any means of: any drug, medication, or sedative, unless it is: taken or used as prescribed by a Physician, or an "over the counter" drug, medication or sedative taken as directed, or alcohol in combination with any drug, medication, or sedative; or poison, gas, or fumes; or war, whether declared or undeclared, while in military service; or act of war, or participation in an insurrection, rebellion, riot, or terrorist act. Benefits will not be paid for any loss if the injured party is intoxicated at the time of the incident and is the operator of a vehicle or other device involved in the incident.
Contract Terms & Conditions
This benefits description is based on the contractual provisions contained in the Master Group Policy Form GPNP99-DSC-SWM-LIFE issued in Texas to Scott & White Health Plan. Coverage will be provided through member participation in the Master Group Policy, with certificates of insurance (Form GCERT2000 DSC-SWM-LIFE-CH) issued to each insured active member. For members residing in any state other than Texas that validly exercises extraterritorial jurisdiction with respect to the coverage provided under the Scott & White Young Texan Plan, the plan will be modified to meet all applicable laws.
Effective Date - IMPORTANT:
Coverage becomes effective on the date set by the Scott & White Health Plan after the initial premium has been paid, subject to evidence of good health as necessary.
| 1The child must be 18 years of age or younger and be on the Yuong Texan Plan in order to be eligible for life insurance coverage. 2Late entrants may be subject to medical underwriting. |
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Like most life insurance policies, MetLife group life insurance policies contain certain exceptions, waiting periods, reductions, limitations and terms for keeping them in force. For costs and complete details of coverage, call or write your MetLife Representative. |
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| 210000000000003347 PEANUTS © United Feature Syndicate, Inc., www.snoopy.com |
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