Colonial Life to offer policies, with enrollment starting in June
By Michael Pramik, Ohio Public Employees Retirement System
May 11, 2020 — The Ohio Public Employees Retirement System has announced that Colonial Life will again offer term life and whole life policies to OPERS members during an open enrollment period this year.
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 email in the next couple of weeks for information from Colonial Life with links to videos explaining the coverage options and details on how to connect with a benefit counselor to discuss coverage options and enroll.
The policies are currently being offered with guaranteed issue during this year’s enrollment period. Guaranteed issue is available only up to certain limits, and eligibility questions still apply.
The open enrollment period will be June 1 through Sept. 30.
Our members can enroll in a policy by speaking with a local Colonial Life benefits counselor using a virtual enrollment option or over the phone with a representative at Colonial Life’s home office. The virtual enrollment option allows members the flexibility of connecting with their benefit counselor via conference call, video chat or screen-share, with one click of a link. Colonial Life benefits counselors will be available once the open enrollment period begins on June 1.
For more information, visit http://www.visityouville.com/en/opers.