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When your Basic Life and Supplemental Life Coverage Ends

When your employment with the State ends for any reason, you have the option to convert or port your basic and supplemental life insurance--and your dependents' supplemental life coverage. Prudential will contact you within 31 days of you leaving State employment with information about the conversion and portability options including the cost associated with each option.

The amount that may be ported or converted is the amount of coverage you, your spouse and dependent children carry at the time you leave State employment. For additional information, refer to your plan booklets or contact Prudential at 800-778-3827.

The conversion and portability plans are administered though an insurance contact between you (the member) and The Prudential Life Insurance Company of America. While the Trust or your former Human Resources Officer can try to assist you, it is generally easier for you to contact Prudential directly.



 

 

Employee and Dependent Spouse 1

To qualify for preferred rates, you must submit proof of good health satisfactory to The Prudential Insurance Company of America.

Attained Age Preferred Standard

Under 30

$0.194

$0.221

30-34

$0.217

$0.247

35-39

$0.268

$0.305

40-44

$0.391

$0.445

45-49

$0.588

$0.669

50-54

$0.979

$1.114

55-59

$1.667

$1.897

60-64

$2.750

$3.129

65-69

$4.677

$5.322

70-74

$4.574

$8.619

75-79

$12.627

$14.369

Dependent Term Life monthly rate per thousand for all children covered

$0.220


1 Rates based on employee's age.
Rates are monthly per $1000.

In addition to the rate, a quarterly administration charge of $3.00 applies. Prudential reserves the right to change the premium rate at any time for reasons that affect the risk Prudential has assumed.

The Basic Term Life, Optional Term Life and Insurance coverages are issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102. The Booklet-Certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply. Life Claims: 800-524-0542.

Prudential Financial and the Rock are registered service marks of The Prudential Insurance Company of America and its affiliates.