La. Admin. Code tit. 32 § I-1511

Current through Register Vol. 50, No. 11, November 20, 2024

Section I-1511 - Term Life Insurance

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.

La. Admin. Code tit. 32, § I-1511

Promulgated by the Office of the Governor, Division of Administration, Office of Group Benefits, LR 31:2010 (August 2005).

AUTHORITY NOTE: Promulgated in accordance with R.S. 42:801(C), 802(B)(2), and 42:808.