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MetLife Voluntary Life Insurance

How much does the plan cost?EmployEE 10-month 11-month 12-monthonly (20 Deductions) (24 Deductions) (26 Deductions)

$10,000 $1.80 $1.50 $1.38

$20,000 $3.60 $3.00 $2.77

$30,000 $5.40 $4.50 $4.15

$40,000 $7.20 $6.00 $5.54

$50,000 $9.00 $7.50 $6.92

$60,000 $10.80 $9.00 $8.31

$70,000 $12.60 $10.50 $9.69

$80,000 $14.40 $12.00 $11.08

$90,000 $16.20 $13.50 $12.46

$100,000 $18.00 $15.00 $13.85

you may purchase $10,000 to $100,000 (in $10,000 increments) of group term life insurance. this insurance supplements your Board-provided life insurance. you can have up to $50,000 in tax-free life insurance.

Under Section 79 of the IRS Code, employees are liable to pay federal income taxes on Group term life insurance amounts in excess of $50,000, to the extent that the costs for amounts in excess of $50,000, less any employee contributions for the entire coverage amount, is included in the employee's gross income. this additional amount will be listed as imputed income on your W-2.

Who is eligible?All full-time employees are eligible; however, if you are totally disabled or not in active service for other reasons, your effective date of insurance or change in coverage will be delayed until the date of your return to Active Service.

how do I obtain claim forms?to obtain claim forms, call the metlife onsite representative at 305.995.7029.

Are the premiums taxable?Under current Internal Revenue Code rules and regulations, employees whose life insurance is more than $50,000 will have premiums for any amount more than $50,000 included as taxable income on their W-2 forms. please refer all tax-related questions to your tax advisor.

must I still pay my premiums if I’m disabled and unable to work?If you become totally disabled prior to age 60 and that disability lasts for nine consecutive months, during which time premiums are paid, the insurance company will continue your life insurance in force without further payment of premiums if proof of such disability is provided and waiver is approved.

Is there any situation that would exclude my benefits?If you commit suicide while you are sane or insane within two years of the effective date of coverage, benefits will not be paid; however, your beneficiary will receive a refund of the premiums you have paid for this insurance.

Also, if coverage was elected while you were on a leave of absence due to a disability and you did not return to work, benefits will not be paid. However, your beneficiary will receive a refund of the premiums you have paid for this insurance.

Does the plan pay any benefits if I am terminally ill ?The plan will pay a lump sum—50 percent of the life insurance benefit amount in force to a maximum of $50,000 if you are terminally ill and your life expectancy is six months or less. Your benefits paid to you will reduce the death benefit. This benefit is payable only once in your lifetime.

Is there any situation that would reduce my benefit amount?All benefits are subject to reduction after age 64 as follows:• At age 65, to 65 percent of the original face value of

coverage in force• At age 70, to 45 percent of the original face value of

coverage amount in force• At age 75, to 30 percent of the original face value of

coverage amount in force• At age 80, to 20 percent of the original face value of

coverage amount in force

Can I convert my Employee-paid life insurance if I terminate employment?yes. you may apply for a conversion policy for all or any portion of life insurance in effect at termination, if you make a request. you must complete a conversion application within 31 days of termination. to request a conversion application, contact the metlife onsite representative at 305.995.7029.

* Disability is defined as the inability to perform all the essential duties of any occupation for which you may reasonably become qualified based on training, education or experience.

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MetLife Voluntary Life Insurance

Can I continue my Employee-paid life insurance if I retire?yes. Upon retirement, employees may continue their coverage at their current level of coverage subject to the maximum of their class. You may not add or increase your existing coverage. If at any time of your retirement you do not elect to continue this coverage, you will no longer be eligible for coverage under this plan and your group life coverage will be terminated. the maximum for actives is $100,000. the maximum for retirees is $100,000.

Additional Features:If you participate in metlife's optional life Insurance, you will receive the following additional plan features: • Will Preparation. This feature is offered by Hyatt Legal Plans, a MetLife

company that will provide you access to a participating plan attorney to help you prepare or update your or your spouse's will at no cost if you choose to use an attorney that participates in the network.

• Estate Resolution Services. This is offered by Hyatt Legal Plans, Inc., a MetLife company and provides probate services to beneficiaries who are executors or administrators of the deceased employee's estate at no additional cost. These services include telephone and office consultations to discuss matters of probate, document preparation and representation at court proceedings needed to transfer the probate assets and the completion of correspondence necessary to transfer non-probate assets.

What insurance company makes this plan available to me?metropolitan life Insurance Company. A.m. Best’s Reports, which compares and rates the financial strength and performance of insurance companies, rates metlife "A+, Superior."

NOTE: this product description does not constitute an insurance certificate or policy. The information provided is intended only to assist in the selection of benefits. Final determination of benefits, exact terms and exclusion of coverage for each benefit plan are contained in the certificates of coverage.

Certificate(s) of Coverage for your insurance benefits are available to you online throughout the year. A hard copy of these certificates will not be mailed to you automatically. Your Certificate(s) of Coverage are document(s) issued by the insurance company for benefits registered with the State of Florida. These documents are available for the benefits you selected during open Enrollment or as a new employee. to view or print a copy of a Certificate of Coverage for any benefit, log on to www.dadeschools.net under highlights click on “Employee Benefits,” and then under the m-DCpS new/Current Employees column, click on "Certificates of Coverage." If you prefer to have a hard copy mailed to your home address, please contact the appropriate insurance company directly. their phone numbers are listed on the m-DCpS website under “Important Phone Numbers.”

this information is a brief description of the important features of the plan. It is not a contract. terms and conditions of life insurance coverage are set forth in Group policy no 24400, issued in Florida. the group policy is subject to the laws of the jurisdiction in which it is issued. the availability of this offer may change. please keep this material as a reference.