A plan's guaranteed issue (GI) is the amount of life insurance available to an employee without having to provide Evidence of Insurability, or EOI. GI is terminology used primarily with Supplementary (Voluntary) Life Insurance policies.Additional Notes on GI:
- Guarantee Issue amounts may vary, so be sure to check the benefit summary for your plan regarding specific details.
- Plans with Minimum and Maximum GI will default to the minimum offering if an enrollment is made for a late entrant. Late entrant period begins on the 32nd day from the initial start date of the plan or effective date of the member.
- Minimum GI amounts will also be issued to members enrolled during later renewals or Open enrollments unless they complete EOI forms to become eligible for the maximum GI amount.
For members with questions about their policy, you may reach out to: support@beambenefits.com
For Administrators with questions about the group's policy, you may reach out to: adminsupport@beambenefits.com (edited)
For Administrators with questions about the group's policy, you may reach out to: adminsupport@beambenefits.com (edited)