Life & DISABILITY insurances

BASIC LIFE INSURANCE FOR YOURSELF

Revolution provides $25,000 Basic Term Life coverage for all full-time employees, and all eligible employees are automatically enrolled. Basic Life coverage includes Accidental Death and Dismemberment coverage, equal to one times your life benefits. Benefits will be paid out to beneficiaries you designate when enrolling in or waiving insurances under the Benefits section in Paycom, The option to purchase additional insurances will be available in this section, as well.

OPTIONAL INSURANCES ADD-ONS

Additional voluntary life insurance for yourself can be purchased in $10,000 increments, with rates concerning the premium increments in the Life Benefit Summary Cost Illustration page. Dependents can have voluntary life insurance purchased on their behalf in $5,000 increments, available for spouses, domestic partners, and dependent children up to age 26.

Rates for additional insurances are available in the Life Benefit Summary Cost Illustration page. For all life insurances, there are portability and conversion options, meaning you can take your coverage with you or continue your coverage if your employment at Revolution ends. There are age and other restrictions that must be met, including evidence of insurability.

DISABILITY INSURANCES

If you are injured outside of work and unable to work, you may be covered for Short Term Disability Benefits (maternity qualifies as a Short Term Disability). If your disability prevents you from returning to work prior to the end of the Short Term Disability coverage period, then you may be covered under Long Term Disability coverage. These benefits are provided by Revolution at no cost; all eligible employees are automatically enrolled.

WILLPREP SERVICES

Employees that purchase additional voluntary life insurance have WillPrep Services available, offering support and guidance to help prepare the documents needed to preserve their beneficiary’s financial security. Services include online planning documents, resource library, and (for a small fee) access to professionals and attorney prepared wills. You can plan for you and your family: 

Call 1-877-433-6789 or go to www.ibhwillprep.com for more information and log-in with the following information:

Username: WillPrep

Password: GLIC09