Colonial Life to offer policies, with enrollment starting in June
By Michael Pramik, Ohio Public Employees Retirement System
May 31, 2018 — The Ohio Public Employees Retirement System has announced that the Colonial Life & Accident Insurance Co. will begin offering term life and whole life policies to OPERS members.
Enrollment will be conducted directly with the Columbia, S.C., insurer. The policies will be available to active members, their spouses and children, and may be extended to grandchildren. The voluntary insurance would be in addition to life insurance that members’ employers might offer, and OPERS members would bear the cost.
Please watch your mail in the next couple of weeks for an introductory letter from Colonial Life that explains coverage details.
The policies will be guaranteed issue, within certain limits, during this year’s initial enrollment period. That means no health questions will be asked during the initial enrollment.
The open enrollment period will be June 1 through Aug. 31. Our members can enroll online or talk with a local Colonial Life benefits counselor over the phone, and they can initiate coverage before the end of the open enrollment period.
For more information, visit the OPERS page on the Colonial Life website.