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HomeMy WebLinkAbout2000-02-14 City Council (7)TO: City of Palo Alto City Manager’s Report HONORABLE CITY COUNCIL FROM:CITY MANAGER DEPARTMENT: HUMAN RESOURCES DATE:FEBRUARY 14, 2000 CMR: 137: t)~ SUBJECT:APPROVAL OF CONTRACT IN THE AMOUNT OF $750,000 WITH STANDARD INSURANCE COMPANY FOR THE CITY OF PALO ALTO’S GROUP LIFE,ACCIDENTAL DEATH AND DISMEMBERMENT (AD&D), AND LONG TERM INSURANCE (LTD) PLANS RECOMMENDATION Staff recommends that Council: Approve and authorize the Mayor to execute .the attached contract with Standard Insurance Company in the amount of $750,000 for one year to provide group life, accidental death and dismemberment (AD&D) and long term disability (LTD) insurance benefits. Authorize the City Manager or designee to exercise the option, to renew the contract for the second and third years, provided Standard Insurance Company is responsive to the City’s needs, and the quality of its work is acceptable during the term of the contract. DISCUSSION Project Description The work to be performed under this contract is for underwriting the City’s group life, AD&D and LTD benefits. Existing agreements with City employee bargaining units provide for maintaining these benefits. On March 1, 1990, the City entered into a contract with Group America to underwrite the City’s group life, AD&D and LTD benefits. On January 1, 1993, Blue Cross of Pennsylvania purchased Group America. Since that time, the entity has merged with three other companies: Veritas, TransGeneral and now Highmark Insurance Company. On each occasion there have been cutbacks in staff and costs, resulting in the deterioration of claims and other administrative services. In July 1999, staff determined that Highmark Life Insurance Company did not provide the level of quality demanded by the City. CMR:137~0 Page 1 of 3 Selection Process Staffsent a Request For Proposal (RFP) to 20 insurance companies on September 22, 1999. The proposal response period was 30 days. Four companies submitted proposals: Minnesota Mutual, UNUM, CIGNA and Standard Insurance. The current underwriter did not submit a proposal. The proposals ranged from $659,628 to $804,408. The high and low bids did not meet the specifications and could not be considered. Those companies not responding indicated that they either were not underwriting public agency business or they would not be competitive. A selection advisory committee, consisting of representatives from employee bargaining units and Human Resources staff, reviewed the proposals. CIGNA and Standard Insurance were selected as finalists and invited to participate in oral interviews. The committee carefully reviewed each finns qualifications relative to the following criteria: Claims paying administration Vocational rehabilitation capabilities Knowledge of and experience in working with public agencies and the Public Employees’ Retirement System Customer service capabilities Plan administration Underwriting capabilities Worker’s compensation interface Statistical reports Standard Insurance was selected because it demonstrated its ability to provide the highest level of claims administration services required by the City at a very competitive cost. RESOURCE IMPACT The City of Palo Alto will save approximately $89,500 per year in premium payments. There will be a decrease in the funds for the group life, AD&D and LTD insurance in the 1999-2000 Proposed Budget, and a decrease in funding in the General Benefits and Insurance Internal Service Fund. POLICY IMPLICATIONS This request does not represent a change in existing policies. ENVIRONMENTAL REVIEW This is not a project under the California Environmental Quality Act CMR:137:99 Page 2 of 3 ATTACHMENTS Attachment A:Contract with Managed Health Network, Inc. PREPARED BY: Leonard Manager of Employee Benefits DEPARTMENT HEAD: CITY MANAGER APPROVAL of Human Resources ~ FLEI~NManager ( CMR: 137:99 Page 3 of 3 AGREEMENT BY THIS AGREEMENT MADE AND ENTERED INTO ON THE DAY OF BY AND BE’I3NEEN THE CITY OF PALO ALTO "CITY", AND RrP~,N]~’RO TNRURANCECOMPANY NO,- ~ 2000 /DATE TO BE ENTERED ~ I.BY CITY PURCHASING ,ajn Oregon corporation (Local) (ADDRESS) 1100 .qW Rixth Avenue (cl7~3Portland; OR (ZIP) 97204 (PHONE~925) 947- "CONTRACTOR"~ IN CONSIDERATION OF THEIR MUTUAL COVENANTS, THE PARTIES HERETO AGREE AS FOLLOWS:3 9 5 0 e CONTRACTOR SHALL PROV,DE OR FURNISH THE FOLLOWING SPECIFED 1) GOODS AND MATERIALS, 2) SERVICES OR 3) A COMBINATION THEREOF AS SPECIFIED IN THE EXHIBITS NAMED BELOW AND ATTACHED HERETO AND INCORPORATED HEREIN BY THIS REFERENCE: TITLE: (DESCRIPTION) GROUP LIFE INSURANCE; ACCIDENTAL DEATH AND DISMEMBERMENT -INSURANCE; GROUP LONG TERM DISABILITY INSURANCE EXHIBITS THE FO~OW,NG ATTACHED EXH,S,TS HEREBYAREMADE RARTOF TH,S AGREEMENT: ***SEE ATTACHED LIST*** insuranceTERMTHE~I~I~II~ND/ORMATERIALSFURNISHEDUNDERTHISAGREEMENTSHALLCOMMENCE~ in accordance with X~W~X~K~ Exhibits A & Bo One y~ar initial term and two-one year renewal terms to be exercised at City’s option in accordance with RFP#119602°COMPENSATION FOR THE FU~ PERFORMANCE OF THIS AG~EMENT: ~ CI~SHA~PAYCONTRACTOR: in accordance with Exhibit C, Insurance benefits in accordance With Exhibits A & B. ® ® PAYMENT RECORD (DEPARTMENT USE REVERSE SIDE) CITY ACCOUNT NUMBER: KEY CODE OBJECT I PROJECT PHASE NO. DOLLAR AMOUNT I GENERAL TERMS AND CONDITIONS ARE INCLUDED ON BOTH SIDES OF THIS AGREEMENT. THIS AGREEMENT SHALL BECOME EFFECTIVE UPON ITS APPROVAL AND EXECUTION BY CITY. IN WITNESS THEREOF, THE PARTIES HAVE EXECUTED THIS AGREEMENT THE DAY, MONTH, AND YEAR FIRST WRrl-rEN ABOVE.HOLD HARMLESS. CONTRACTOR agrees to indemnify, defend and hold harmless CITY, its Council Members, officers, employe~s, and agents from any and all demands, claims or liability of any nature, including wrongful death, caused by or arising out of CONTRACTOR’S, its officers’, directors’, employees’ or agents’ negligent acts, errors, or omissions, or willful misconduct, or conduct for which the law imposes strict liability on CONTRACTOR in the performance of or failure to perform this agreement by CONTRACTOR. ENTIRE AGREEMENT. This agreement and the terms and conditions on the reverse hereof represent the entire agreement between the parties with respect to the purchaseand sale of the goods, equipment, materials or supplies or payment for services which may be the subject of this agreement. All prior agreements, representations, statements, negotiations and undertakings whether oral or written are superseded hereby. PROJECT MANAGER AND REPRESENTATIVE FOR C~TY NAME Len Zucker DEPT. Human Resources Chairman, .President and C~O P.O.BOX 1O25O PALOALTO, CA94303~, ,.,. ~,z / ~. ~ " Telephone ( 6 ~ ~ ) ~ ? =.9_=2.2.3 5 By~~~~ INVOICING SENDALLINVOICESTOTHECI~’A~N:PROJECTMANAGER~itl~:~Vice President & Corporate CITY OF PALO ALTO APPROVALS:(ROUTE FOR SIGNATURES ACCORDING TO NUMBERS IN APPROVAL3OXES BELOW) Secretar~ CI~ DEPARTMENT ~ FundsBudgetedHave Been INSURANCE REVIEW PURCHASING &CONTRACT_ ADMINISTRATION. (1)(2)(3) ATTACHMENT Exhibits: Group Life Insurance Policy (30 pages); Group Long Term Disability Insurance Policy (24 pages) Rate Schedules (i0 pages) Non-Discrimination Certificate Insurance Requirements (4 pages) To the extent of any conflict with this Agreement and Exhibits 1 and 2, the exhibits will control. EXHIBIT "A" STANDARD INSURANCE COMPANY A Stock Life Insurance Company 900 SW Fifth Avenue Portland, Oregon 97204-1282 (503) 321.-7000 P~opk. Not ]ust Po~’d~.® GROUP UFE INSURANCE POLICY Policyowner: Policy Number: Effective Date: City of Palo Alto 639022-A January I, 2000 The consideration for this Group Policy is the application of the Policyowner and the payment by the Policyowner of premiums as provided herein. Subject to the Pollcyowner Provisions and the Incontestability Provisions, this Group Policy (a) is issued for the Initial Rate Guarantee Period shown in the Coverage Features, and (b) may be renewed for successige renewal periods by the payment of the premium set by us on each renewal date. The length of each renewal period will be set by us, but will not be less than 12 months. For purposes of effective dates and ending dates under this Group Policy, all days begin and end at 12:00 midnight Standard Time at the Policyowner’s address. This policy includes an Accelerated Benefit. Death benefits will be reduced if an Accelerated Benefit is paid. The receipt of this benefit may be taxable and may affect your eligibility for Medicaid or other government benefits or entitlements. However, if you meet the definition of "terminally ill individual" according to the Internal Revenue Code Section 101, your Accelerated Benefit may be non-taxable. You should consult your personal tax and]or legal advisor before you apply for an Accelerated Benefit. All provisions on thi’s and the following pages are part of this Group Policy. ’Tou" and "your" mean the Member. ’We", "us", and "our" mean Standard Insurance Company. Other defined terms appear with their initial letters capitalized. Section headings, and references to them, appear in boldface type. President STANDARD INSURANCE COMPANY By Corporate Secretary GP190-LIFE/S399 cALIFORNIA LIFE AND HEALTH INSURANCE GUARANTEE ASSOCIATION ACT SUMMARY DOCUMENT AND DISCLAIMER Residents of California who purch s life and health insurance and annuities should know that the insurance companies licensed in th’is state to write these types of insurance are members of the California Life and Health Insurance Guarantee Association ("CLHIGA").. The purpose of this Association is to assure that policyholders will be protected, within limits, in the unlikely event that a member insurer becomes flnanciall~ unable to meet its obligations. If this should happen, the Guarantee Association will assess its other member insurance companies for the money to pay the claims of the insured persons who live in this state and, in some cases, to keep coverage in force. The valuable extra protection provided by these insurers through the Guarantee Association is not unlimited, however, as noted below, and is not a substitute for consumers’ care in selecting insurers. The California Life and Health Insurance Guarantee Association may not provide coverage for this ¯ policy. If coverage i’s provided, it may be subject to substantial limitations or exclusions, and require continued residency in California. You should not rely on coverage by the Association in selecting an insurance company or in selecting an insurance policy, Coverage is NOT provided for your policy or any portion of it that is not guaranteed by the insurer or for which you have assumed the risk, such as a variable contract sold by prospectus. Insurance companies or their agents are required by law to give or send you this notice. However, insurance companies and their agents are pro ,hiblted by law from using the ex/stence of the guarantee association to induce ~you to purchase any kind of insurance policy. Policyholders with additional questions should first contact their insurer or agent or may then contact: TheCalifornia Life and Health Insurance Guarantee Association PO Box 17319 Beverly Hills CA 90209-3319 OR Consumer Services Division California Department of Insurance 300 S Spring St, 14th F1 Los Angeles CA 90013 The state law that provides for this safety-net coverage is called the California Life and Health Guarantee Association Act. Below is a brief summary of this law’s coverages, exclusions and limits. This summary does not cover all provisions of the law; nor does it in any way change anyone’s rights or obligations under the Act or the rights or obligations of the Association. COVERAGE Generally, individuals will be protected by the California Life and H~alth Insurance Guarantee Association if they live in this state trod hold a life or health insurance contract, or an annuity, or if they are insured under a group insurance contract, issued by a member insurer. The beneficiaries, payees or assignees of insured persons are protected as well, even if they live in another state. EXCLUSIONS FROM COVERAGE ~’- However, persons holding Such policies are not protected by this Guarantffe Association if: Their insurer was not authorized to do business in this state when it issued the policy or contract; Their policy was issued by a health care service plan (HMO, Blue Cross, Blue Shield), a charitable organ~lzation, a fraternal benefit society, a mandatory state pooling plan, a mutual assessment company, an insurance exchange, or a grants and annuities society; They are eligible for protection under the laws of another state. This may occur when the insolvent insurer was incorporated in another state whose guaranty association protects insureds who live outside that state. The Guarantee Association also does not provide coverage for: Unallocated annuity contracts; that is, contracts which are not issued to and owned by an individual and which guarantee rights to group contract holders, not individuals; Employer or association plans, to the extenf they are self-funded or uninsured; Any policy or portion of a policy which is not guaranteed ’by the insurer or for which the individual has assumed the risk, such as a variable contract sold by prospectus; Any policy of reinsurance unless an assumption certificate was issued; Interest rate yields that exceed an average rate; Any portion of a contract that provides dividends or experience rating credits. LIMITS ON AMOUNT OFCOVERAGE The Act limits the Association to pay benefits as follows: LIFE AND ANNUITY BENEFITS 80% of what the insurance company would owe under a policy or contract up to $I00,000 in cash surrender values, $100,000 in present value of annuities, or $250,000 in life insurance death henefits. A maximum of $250,000 for any one insured life no matter how many policies and contracts there were with the same company, even ff the policies provided different types of coverages. HEALTH BENEFITS A maximum of $200,000 of the contractual obligations that the health insurance company would owe were it not insolvent. The maximum may increase or decrease annually based upon changes in the health care cost component of the consumer price index. PREMIUM SURCHARGE Member insurers are required to recoup assessments paid to the Association by way of a surcharge on premiums charged for health insurance policies to which the Act applies. CALIFORNIA NOTICE OF COMPLAINT PROCEDURE Should any dispute arise about your premium or about a claim that you have filed, write to the company that issued the group policy. If the problem is not resolved, you may also write to the State-of Callfornia~ Department of Insurance, Consumer Services Division, 300 S. Spring Street, 14th FL, Los Angeles, CA 90013, or~ call toll-free 1-800-927-HELP (4357). This notice of complaint procedure is for information only and does not become a part or condition of this group policy/certificate. Table of Contents COVERAGE FEATURES .- ........................................................................................ GENERAL POLICY INFORMATION ..................................................................... BECOMING INSURED ..........~ ............................................................................1 PREMIUM CONTRIBUTIONS .............................................................’ ................2 SCHEDULE OF INSURANCE .............................................................................2 ’ REDUCTIONS IN INSURANCE ...........................................................................4 OTHER BENEFITS ............................................................................................4 OTHER PROVISIONS .........................................................................................4 PREMIUM RATES AND RENEWALS ...................................................’ ...............5 LIFE INSURANCE ...................................................................................................6 A.Insuring Clause ..........................................................................................6 B.Amount Of Life Insurance ...........................................................................6 C.Changes In Life Insurance ..........................................................................6 D.Repatriation Benefit ...................................................................................6 E.Suicide Exclusion: Life Insurance ...............................................................6 F.When Life Insurance Become Effective .........................................................6 G.When Life Insurance Ends ..........................................................................7 H.Reinstatement Of Life Insurance ......: ..........................................................7 ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE ...................................7 A.Insuring Clause ..............~ ...........................................................................7 B.Definition Of Loss For AD&D Insurance ......................................................8 C.Amount Payable .........................................................................................8 D.Changes In AD&D Insurance ......................................................................8 E.AD&D Insurance Exclusions .......................................................................8 F.Other AD&D Benefits ..................................................................................9 G.Becoming Insured For AD&D Insurance ......................................................10 H.When AD&D Insurance Ends ......................................................................11 ACTIVE WORK PROVISIONS .i ................................................................................11 CONTINUITY OF COVERAGE..~ ................................................................................11 STRIKE CONTINUATION ........! ................................................................................12 WAIVER OF PREMIUM I ACCELERATED BENEFIT ]13 RIGHT TO CONVERT ..............................................................................................15 CLAIMS ....................., ............................................................................................16 ASSIGNMENT ........................................................................................................17 BENEFIT PAYMENT AND BENEFICIARY PROVISIONS .............................................17 ALLOCATION OF AUTHORITY .................................................................................19 TIME LIMITS ON LEGAL ACTIONS ..........................................................................20 INCONTESTABILITY PROVISIONS ...........................................................................20 DEFINITIONS ....................: ....................................................................................20 POLICYOWNER PROVISIONS .................................................................................22 ]Index of Defined Terms Accelerated Benefit, 13 Active Work, Actively At Work, 11 AD&D Insurance, 20 Annual Earnings, 20 Automobile, 9 Beneficiary,, 18 Child, 21 Class Definition, 1 Contributory, 21 Conversion Period, 15 Disabled, 21 Eligibility Waiting Period, 21 Employer(s), 1 Evidence Of Insurability, 21 Grace Period, 5 Group Policy, 22 Group Policy Effective Date, 1 Group Policy Number, 1 Initial Rate Guarantee Pe~od’, 5 Injury, 22 Insurance (for Accelerated Benefit), 15 Insurance (for Right to Convert), 15 Insurance (for Waiver Of Premium), 12 Leave Of Absence. Period, 4 Life Insurance, 22 Loss, 8 Maximum Conversion Amount, 4 Member, I Minimum Participation, 5 Minimum Participation Number, 5 Minimum Participation Percentage, 5 Minimum Time Insured, 4 Noncontributory, 22 Notice of Rate Change, 5 Physician, 22 Policyowner, 1 Pregnancy, 22 Premium Due Dates, 5 Premium Rates, 5 Prior Plan, 22 Proof Of Loss, 16 Qualifying Event, 15 Qualifying Medical Condition, 14 Recipient, 18 Right To Convert, 15 Seat Belt System, 9 Sickness, 22 Spouse, 22 Totally Disabled, 12, 15 Waiting Period (for Waiver Of Premium), 12 Waiver Of Premium, 12 War, 8 You, Your(~rRightTo Convert),15 COV~H~GE FF_~TURES This section contains many of the features of your group life insurance. Other provisions, including exclusions and limitations, appear in other sections. Please’ refer to the text of each section for full details. The Table of Contents and the Index of Defined Terms help locate sections and definitions. Group Policy Number: ’ Type of Insurance Provided: Life Insurance: Accidental Death And Dismemberment {AD&D) Insurance: [ Policyowner:’ Employer (s): Group Policy Effective Date: Policy Issued in: GENERAL POLICY INFORMATION 639022-A Yes Yes City of Palo Alto City of Palo Alto January i, 2000 California BECOMING INSURED To become insured for Life Insurance you must: (a) Be a Member; (b} Complete your Eligibility Waiting ThePeriod; and (c) Meet the requirements in Life Insurance and Active Work Provisions. requirements for becoming insured for coverages other than Life Insurance are set out in the text. Definition of Member: Class Definition: Eligibility Waiting Period: Evidence of Insurability: Note: Evidence Of Insurability is not January 1, 2000’. You are a Member if you are: 1. An a~tive employee or council member of the Employer; and 2. Regularly working at least 20 hours each week. You are not a Member if you are: 1. A temporary or seasonal employee; or 2. A full time member of the armed forces of any country. None You are eligible on one of the following dates: If you are a Member on the Group Policy Effective Date,- you are eligible on that date. If you become a Member after the Group Policy Effective Date, you are eligible on the date you become a Member. Required: a. For late application for Plan 2 Life Insurance. b. For reinstatements if r~l~ired. required to become insured for Plan 2 Life Insurance on Printed 12/6/99 1 639022-A Life and AD&D Insurance: Plan I: Plan 2: PREMIUM CONTRIBUTIONS Noncontributory Contributory SCHEDULE OF INSURANCE SCHEDULE OF LIFE INSURANCE Life Insurance Benefit: You will become insured under Plan 1 if you meet the requirements to become insured under the Group Policy. You may also become insured’ under Plan 2 if you meet the requirements to become insured for Plan 2 Life Insurance under the Group Policy. Plan 2 is a Contributory plan requiring premium contributions from Members. Plan 1 (basic):1 times your Annual Earnings, rounded to the next higher multiple of $1,000, if not already a multiple of 81,000. The maximum amount is $325,000. Plan 2 (additional): The Repatriation Benefit: 1 times your Annual Earnings, rounded to the next higher multiple of $1,000, if not already a multiple of 81,000. The maximum amount is $325,000. The expenses incurred to transport your body to a mortuary near your primary place of residence, but not to exceed $5,000 or 10% of the Life Insurance Benefit~ whichever is less. SCHEDULE OF AD&D INSURANCE AD&D Insurance Benefit: Seat Belt Benefit: The amount of your Plan 1 AD&D Insurance Benefit is equal to the amount of your Plan 1 Life Insurance Benefit. The amount payable for certain Losses is less than 100% of the AD&D Insurance Benefit. See AD&D Table Of Losses. The amount of your Plan 2 AD&D Insurance Benefit is equal to the amount of your Plan 2 Life Insurance Benefit. The amount payable for certain Losses is less than 100% of the AD&D Insurance Benefit. See AD&D Table Of Losses. The amount of the Seat Belt Benefit is the lesser of (1) $10,000, or {2) the AD&D Insurance Benefit payable for loss of life. PHnted 12/6/99 -2-639022-A Career Adjustment Benefit: Child Care Benefit: Higher Education Benefit: Occupational Assault Benefit: Public Transportation Benefit: The tuition expenses for trainifig incurred by your Spouse within 36 months after the date of your death, exclusive of room and board, but not to exceed $5,000 per year, or the cumulative total of $10,000 or 25% of the AD&D Insurance Benefit, whichever is less. The total child care expense incurred by your Spouse within 36 months after the date of your death for all Children under age 13, but not to exceed $5,000 per year, or the cumulative total of 810,000 or 25% of the AD&D Insurance Benefit, whichever is less. The tuition expenses incurred per Child within 4 years after the date of your death at an accredited institution of higher education, exclusive of room and board, but not to .exceed $5,000 per year, or the cumulative total of $20,000 or 25% of the AD&D Insurance Benefit, whichever is less. The lesser of (i) $25,000, or (2) 50% of the AD&D Insurance Benefit otherwise payable for the Loss. The lesser of (I) $200,000, or (2) 100% of the AD&D Insurance Benefit otherwise payable for the Loss of your life. AD&D TABLE OF LOSSES The amount payable is a percentage of the AD&D Insurance Benefit in effect on the date of the accident and is determined by the Loss suffered as shown in the following table:, Loss:Percentage Payable: a.Life 100% . b.One hand or one foot ’50% c.Sight in one eye, speech, or hearing in both ears 50% d.Two or more of the Losses listed .in b. and c. above 100% e.Thumb and index finger of the 25% * same hand f.Quadriplegia 100% g.Hemiplegia 50% h.Paraplegia 50% No more than 100% of your AD&D Insurance will be paid for all Losses resulting from one accident. * No AD&D Insurance Benefit ~’vill be paid for Loss. of thumb and index finger- of, the. same.~ .-. : , hand if an AD&D Insurance Ben~fit :i~ pa~bl~ fo~ the I)o~s of that entire hand. " ’ " " P~nted 12/6/99 -3-639022-A REDUCTIONS IN INSURANCE If you reach an age shown below; the amount 6f insurance will be the amount determined from the Schedule of Insurance, multiplied by the appropriate percentage below: Plan 1 Life and AD&D Insurance: Age 70 through 74 75 or over Plan 2 Life and AD&D Insurance: Age 70 or over Percentage 65% 50% Percentage 0% Waiver Of Premium: Accelerated Benefit: OTHER BENEFITS Yes Yes Limits on Right To Convert if Group Policy terminates or is amended: Minimum Time Insured: Maximum Conversion Amount: Suicide Exclusion: Leave Of Absence Period: Continuity of Coverage; Strike Continuation: Annual Earnings based on: OTHER PROVISIONS 5 years $2,000 Applies to: a. Plan 2 Life Insurance b. AD&D Insurance 60 days Yes Yes. The Strike Continuation premium percentage is 120% of the Premium Rate. Earnings in effect on your last full day of Active Work. Printed 12/6/99 4 639022-A Premium R~tes: Plan l~Life Insm:ance: Plan 2 Life Insurance: Plan 1 AD&D Insurance." Plan 2 AD&D Insurance: Premium Due Dates: Grace Period: Initial Rate Guarantee Period: Notice of Rate Change: Minimum Participation: Life Insurance: Number: Percentage: PREMIUM RATES AND RENEWALS $0.22 monthly per $I,000 of Plan 1 Life Insurance $0.30 monthly per $I,000 of Plan 2 Life Insurance $0.03 monthly per $1,000 of Plan 1 AD&D Insurance $0.03 monthly per $.1,000 of Plan 2 AD&D Insurance January 1, 2000 and the first day of each calendar month thereafter. 31 days . January 1, 2000 to January 1, 2003 60 days 10 insured Members Plan 1: 100% of eligible Members Plan 2: 25% of eligible Members Printed 12/6/99 -5-639022-A LIFE INSURANCE A.Insuring Clause If you-die while insured for Life Insurance, we will pay benefits according to the terms of the Group Policy after we receive satisfactory Proof Of Loss. B. Amount Of Life Insurance See the Coverage Features for the Life Insurance schedule. ¯ C,Changes In Life Insurance A change in your Life Insurance because of a change in your classification, age or Annual Earnings becomes effective on the first day of the calendar month coinc~iding with or next following the date of the change. D.Repatriation Benefit The amount of the Repatriation B~neflt is shown in the Coverage Features. We will pay a Repatriation Benefit! if all of the following requirements are met. 1. A Life Insurance Benefit is p able because of your death. 2. You die more than 200 miles from your primary place of residence. 3.Expenses are incurred to transport your body to a mortuary near your primary place of residence. E. Suicide Exclusion: Life Insurance The Coverage features states which Life Insurance plan is subject to this suicide exclusion. If your death results from suicide or other i.ntentionally self-inflicted Injury, while sane or insane, 1 and 2 below apply. The amount payable will exclude the amount of your Life Insurance which is subject to this ’ suicide exclusion and which has not been continuously in effect for at least 2 years on the date of your death. In computing the 2-year period, we will include time you were insured under the Prior Plan. 2.We will refund all premiums paid for that portion of your Life Insurance which is excluded from payment under this suicide exclusion. F.When Life Insurance Become Effective Subject to the Active Work Provisions, your Life Insurance becomes effective as follows: 1. Plan 1 Life Insurance Plan 1 Life Insurance becomes effective on the date you become eligible. 2. Plan 2 Life Insurance You must apply in writing for Plan 2 Life Insurance and agree fo pay premiums. Plan 2 Life Insurance becomes effective on:(i) ._The date you become el.ig.ib!e", i..f.you apply on o~ before th..at. date. (ii) The date you apply, if you apply within 31 days after you become eligible. Printed 12/6/99 -6-639022-A (iii}The date we approve your Evidence Of Insurability, if you apply more than 31 you become eligible. ,~ When Life Insurance Ends days after’ Life I. o Insurance ends automatically on the earliest of: The date the last period ends ~for which you made a premium contribfition, if your insurance isContributory; ~n~ The date the Group Policy te inates; The date your employment terminates; and The date you cease to be a Member. However, if you cease to be a Member because you are working less than the required minimum number of hours, your Life Insurance will be continued with premium payment during the followingperiods, unless it ends under 1 through 3 above. a.While your Employer is paying you at least the same Annual Earnings paid to you immediately before you ceased to be a Member. b.While your ability to work is limited because of Sickness, Injury, or Pregnancy. c.During the first 60 days of a temporary layoff. d.During a leave of absence if continuation of your insurance under the Group Policy is required by a state-mandated family or medical leave act or law. e.During any other scheduled leave of absence approved by your Employer in advance and in writing and lasting not more than the period shown in the Coverage Features. Reinstatement Of Life Insurance if your Life Insurance ends, you may become insured again as a new Member. However, I through 4 below will apply. 1.If your Life Insurance ends because you cease to be a Member, and if you becomea Member again within 90 days, the Eligibility Waiting Period will be waived. 2. If your Life Insurance ends because you fail to make a required premium contribution, you must provide Evidence Of Insurability to become insured again. 3. If you exercised your Right To Convert, you must provide Evidence Of Insurability to become insured again. o If your Life Insurance ends because you are on a federal or state-mandated family or medical leave of absence, and you become a Member again immediately following the period allowed, your insurance will be reinstated pursuant to the federal or state-mandated family or medical leave act or law. (REPAT_SUIC)LI.LF.~.J~ IX ACCIDENTAL DEA.TH AND DISMEMBERMENT INSURANCE A.Insuring Clause If you have an accident, including accidental exposure to adverse conditions, while insured for. .AD&D .Insur .ance_, .and .t~e. accident r.esul.ts" .i.n a L0. ss, .we ..will.pay benefit.s., according to theterms of the Group Policy after we receive satisfactory Proof Of Loss, ~ " . , .... Printed 12/6/99 - 7 -639022-A Definition Of Loss For AD&IJ Insurance Loss means Io~s of life, hand, foot, sight, speech, hearing in both ears, thumb and index finger of the same hand and Quadriplegia, Hemiplegia or Paraplegia which meets all of the follswing requirements: I.Is caused solely and directly by an accident. 2.Occurs independently of all other causes. 3.Occurs within 365 days of the accident. 4.With respect to Loss of life, is evidenced by a certified copy of the death certificate.’ 5.With respect to all other Losses, is certified by a Physician in the appropriate specialty as determined by us. With respect to Loss of life, death will be presumed if you disappear and the disappearance: 1.Is caused solely and directly by an accident that reasonably could have caused Loss Of life; 2.Occurs independently of all other causes; and 3.Continued for a period of 365 days after the date of the accident, despite reasonable search efforts. With respect to a hand or foot, Loss means actual and permanent severance from the body at or above the wrist or ankle joint, whether or not surgically reattached. With respect to sight, Loss means entire, uncorrectabie, and irrecoverable loss of sight. With respect to speech, Loss means entire, uncorrectable, and irrecoverable loss of audible speech. With respect to hearing, Loss means entire, uncorrectable~ and irrecoverable loss of hearing in both ears. With respect to thumb and index finger of the same hand, Loss means actual and ~permanent severance from the body at or above the metacarpophalangeal joints. With respect to Quadriplegia, Herniplegia, and Paraplegia, Loss must be permanent, complete, and irreversible. Quadriplegia means total paralysis of both upper and lower limbs. Hemiplegia means total paralysis of the upper and lower limbs on the same side of the body. Paraplegia means total paralysis of both lower limbs. C.Amount Payable See Coverage Features for the AD&D Insurance schedule. The amount payable is a percentage of the AD&D Insurance Benefit in effect on the date of the accident and is determined by the Loss suffered. See AD&D Table Of Losses in the Co, verage Features. D. Changes In AD&D Insurance Changes in your AD&D Insurance will become effective on the date your Life Insurance changes. E. AD&D Insurance Exclusions No AD&D Insurance benefit is payable if the accident or Loss is caused or contributed to by any of the following: I. War or act ~f War.. War means declared ok undeclared was, whefller° civil’ or international, and any substantial armed conflict between o.rganized forces of a military nature. 2. Suicide or other intentionally self-inflicted Injury, while sane or insane. Printed 12/6/99 8 639022-A Committing or attempting to commit an assault or felony, or actively participating in a violent disorder or riot. " Actively participating does not include being at the scene of a violent disorder or riot while performing your official duties, 4. The voluntary use or consumption of any poison, chemical compound or drug, unless used or consumed according to the directions of a physician. 5.Sickness or Pregnancy existing at the time of the accident. 6.Heart attack or stroke. 7.Medical or surgical treatment for any of the above. F.Other AD&D Benefits Seat Belt Benefit The We 1. amount of the Seat Belt Benefit is shown in the Coverage Features. ’ will pay a Seat Belt Benefit if all of the following requirements are met: You die as a result of an Automobile accident for which an AD&D Insurance Benefit is payable for Loss of your Life; and 2. You are wearing and properly utilizing a Seat Belt System at the time of the accident, as evidenced by a police accklent report. Seat Belt System means a properly installed combination lap and shoulder restraint system that meets the Federal Vehicle Safety Standards of the National Highway Traffic Safety Administration. Seat Belt System will include a lap belt alone, but only if the Automobile did not have a combination lap and shoulder restraint system when manufactured. Seat Belt System does not include a shoulder restraint alone. Automobile means a motor vehicle licensed for use on public highways. Career Adjustment Benefit The amount of the Career Adjustment Benefit is shown in the Coverage Features. We will pay a Career Adjustment Benefit to your Spouse if all of the following req{tirements are met: I. You are insured under the Group Policy. 2. You die as a result of an accident for which an AD&D Insurance Benefit is payable for Loss of your llfe. 3, Your Spouse is, within 36 months after the date of your death, registered and in attendance at a professional or trades training program for the purpose of obtaining employment or increasing earnings. No Career Adjustment Benefit will be paid if you have no surviving Spouse. ’ Child Care Benefit The amount of the Child Care Benefit is shown in the Coverage Features. We will pay a Child Care Bene~fit to your Spouse if all of the following requirements are met: 1. You are insured under theI Group Policy. ’ 2.~ Yoti die as a result, of at{ a~"identfor which a~. AD&D’!nsurarice. Benefit’ i~ ’payable for LO~, of your life. 3. Your Spouse pays a licensed child care provider who is not a member o~ your family for Printed 12/6/99 - 9 -639022-A child care provided to your Child(ren} under age 13 within 36 months of your death. 4. The child care is necessary in order for your Spouse to work, or to obtain training for work or to increase earnings. No Child Care Benefit will be paid if you have no surviving spouse. Highe~Education Benefit The amount of the Higher Education Benefit is shown in the Coverage Features. We will pay-a Higher Education Benefit to your Child if all of the following requirements are met: 1. You are insured under the Group Policy. 2. You die as a result of an accident, for which an AD&D Insurance Benefit ispayable for Loss of your life. 3. Your Child is, within 12 months after the date of your death, registered and in full-time attendance at an accredited institution of higher education beyond high school. The Higher Education ’Benefit will be paid annually to each Child who meets the requirements of item 3 above, for a maximum of 4 consecutive years beginning on the date of your death, No Higher Education Benefit will be paid if there is no Child eligible to receive it. Occupational Assault Benefit The amount of the Occupational Assault Benefit is shown in the Coverage Features. We will pay an Occupational Assault Benefit if all of the following requirements are met: I. While Actively At Work you suffer a Loss for which an AD&D Insurance Benefit is payable. 2.The Loss is the result of an act of physical violence against you that is punishable by law and is evidenced by a police report. Public Transportation Benefit The amount of the Public Transportation Benefit is shown in the Coverage Features. We will pay a Public Transportation Benefit if all of the following requirements are met: 1.You die as a result of an a~ccident for which an AD&D Insurance Benefit is payable for Loss of your life. l 2. The accident occurs wl~ile you are riding as a fare-paying passenger on Public Transportation. Public Transportation means a public passenger conveyance operated by a licensed common carrier for the transportation of the general public for a fare and operating on regular passenger routes with a definite schedule of departures and arrivals. Becoming Insured For AD&D Insurance 1. Eligibility You become eligible for AD&D Insurance on the date your Life Insurance is effective, Effective Date Subje. ct.to the, Active Work Provis.10ns, AD&D insurafic~, be~c0mes effective:as..follows.: .::~ ~ ~. ~..,:..~ ~. =.~ " a. Plan 1 AD&D Insurance Plan 1 AD&D Insurance becomes effective on the date you become eligible. Printed 12/6/99 - 10-639022-A Ho Plan 2 AD&D Insurance You must apply in writing for Plan 2 AD&D Insurance and agree to pay premiums. Plan 2 AD&D Insurance becomes effective on the later of: (i) The date you become eligible, if you apply on oi- before that date. - (ii) The date you apply, if you apply after you become eligible. When AD&D Insurance Ends . AD&D Insurance ends automatic,ally on the earliest of: The date your Life Insurance ends. The date your Waiver Of Premium begins. The date AD&D Insurance terminates under the Group Policy. (FB_NO DEP REQD_FULL XP PKG)LI.AD,OT.RX ACTIVE WORK PROVISIONS If you are incapable of Active Work because of Sickness, Injury or Pregn~incy on the day before the scheduled effective date of your insurance or an increase in your insurance, your insurance or increase will not become effective until the day after you complete one full day of Active Work as an eligible Memberl Active Work and Actively At Work mean performing the material duties of your own occupation at your Employer’s usual place of business. You will also meet the Active Work re,quirement if: 1. You were absent from Active Work because of a regularly scheduled day off, holiday, or vacation day; You were Actively At Work on your last scheduled work day before the date of your absence; and You were capable of Active Work on the day before the scheduled effective date of your insurance or increase in your insurance. LI.AW.OT.I CONTINUITY OF COVERAGE Waiver Of Active Work Requirement If you were insured under the Prior Plan on the day before the effective date of your Employer’s coverage under the Group Policy, you can become insured on the effective date of your Employer’s coverage without meeting the Active Work requirement. See Active Work Provisions. B. Payment Of Benefit The benefits payable before you meet the Active Work requirement will be: 1.The benefits which would have been payable under the terms of the Prior Plan if it had remained in force; reduced by 2. Any benefits payable under the Prior Plan. U.CC.01 PHnted !2/6/99 -il-639022-A STRIKE CONTINUATION Insurance may be continued for up to 6 months while you are absent from Active Work because of a strike, lockout or other general work stoppage caused by a labor dispute, Rules 1 through 4 below will apply. 1. When your compensation is suspended or terminated because of a work stoppage, your Employer will immediately notify you in writing of your rights under this provision. Your Employer will marl the notice to you at your last address on record with the Employer, 2. Yod must pay the entire premium for your insurance, including the Employer’s share, if any, to your Employer on or before each Premium Due Date. .~ 3. The premiums for your insurance during the work stoppage will equal a percentage of the premium rate in effect on the date the work stoppage began (see Coverage Features). We may change premium rates during the work sfoppage according to the.terms of the Group PolicY. 4. Insurance continued under this p~rovision will end on the earliest of,; Any Premium Due Date if you fail to make the required premium contribution to your Employer on or before that date. The date you have been absent from Active Work for 6 months. On the date you begin full-time employment with another employer. d.At our option, on any .Premium Due Date if less than 75% of the Members eligible to continue insurance under this provision make the required premium payment to the Employer. LI.SK,OT. I WAIVER OF PREMIUM A.Waiver Of Premium Benefit Insurance will be continued without payment of premiums while you are Totally Disabled if: 1. You become Totally Disabled while insured under the Group Policy and under age 60; 2. You complete your Waiting Period; and 3. You give us satisfactory Proof Of Loss. Insurance will be continued for 12 months without payment of premiums while you are Totally Disabled if: 1.You become Totally Disabled while insured under the Group Policy, and while age 60 or older but under age 65; 2, You complete your Waiting Period; and 3. You give us satisfactory Proof Of Loss. B. Definitions For Waiver Of Premium I. Insurance means your Plan 1 and Plan 2 Life Insurance under the Group Policy. 2.Totally Disabled means that, as a result of Sickness,, accidental Injury, or Pregnancy, you are unable to perform with reasonable continuity the material duties of any gainful occupation for ....... whi~h,ybu are reasonably fitted by.educatiisn, training and experienc.e. " 3.Waiting Period means the 180 consecutive day period beginning on the date you become Totally Disabled. Waiver Of Premium begins when you complete the Waiting Period. Printed 12/6/99 -12-639022-A Do Fo Go Premium Payment Premium payment must contlnuei until the later of: 1, The date you complete your Waiting Period; and 2. The date we approve your clai for Waiver Of Premium. Refund Of Premiums We will refund up to 12 months of the premiums that were paid for Insurance after the date you become Totally Disabled. Amount Of Insurance The amount of Insurance continued without payment of premium is the amount in effect on the day before you become Totally Disabled, subject to the following re~ements: ..... 1. Plan 2 Life Insurance will terminate at age 70. 2. If you receive an Accelerated Benefit, Insurance will be reduced according to the Accelerated Benefit provision. Effect Of Death During The Waiting Period If you die during the Waiting Period and are otherwise eligible for Waiver Of Premium,-the Waiting Period will be waived. Termination Or Amendment Of The Group Policy Insurance will not be affected by termination or amendment of the Group Policy after you become Totally Disabled. ik’hen Waiver Of Premium Ends Waiver Of Premium ends on the earliest of: 1.The date you cease to be Totally Disabled; 2.90 days after the date we mail you a request for additional Proof Of Loss, if it is not given; 3.The date you fail to attend an examination or cooperate with the examiner; 4.With respect to the amount of Insurance which an insured has converted, the effective date of the individual life insurance policy issued to the insured; 5. If you became Totally Disabled on or after age 60, 12 months following the date you became Totally Disabled; and 6. With respect to Plan 2 Life Insurance, the date you reach age 70. ~AG~ TE~M) ~X.WP.OT.XX ACCELERATED BENEFIT A. Accelerated Benefit If you qualify for Waiver Of Premium and give us satisfactory proof of having a Qualifying Medical Condition while you are insured under the Group Policy, you may have the right to receive during your lifetime a portion of your Insurance as an Accelerated Benefit. You must have at least $10,000 f i,ligibl ¯ "., ,. = o nsuranoe An effect to be e If your Insurance is scheduled to end within 24 months following the date you apply for the Accelerated Benefit, you will not be eligible for the Accelerated Benefit. Printed 12/6/99 ’ ~- 13- ’639022-A Qualifying Medical Condition means you are terminally ill as a result of an illness or .physical condition which is reasonably expected to result in death within 12 months. We may have you examined at our expense in connection with your claim for an Accelerated Benefit. Any such examination will be conducted by one or more Physicians of our choice. B. Application For Accelerated Benefit You must apply for an Accelerated Benefit. To apply you must give us satisfactory Proof Of Loss on our forms. Proof Of Loss must include a statement from a Physician that you have a Qualifying Medical Condition. C. Amount Of Accelerated Benefit You may receive an Accelerated Benefit of up to 75%0 of your Insurance. The maximum Accelerated Benefit is $500,000.The minimum Accelerated Benefit is $5,000 or 10% of your Insurance, whichever is greater. If the amount of your Insurance is scheduled to reduce within 24 months following the date you apply for the Accelerated Benefit, your Accelerated Benefit will be based on the reduced amount. The Accelerated Benefit will be paid to you once in your lifetime in a lump sum. If you recover from your Qualifying Medical Condition after receiving an Accelerated Benefit, we will not ask you for a refund. D. Effect On Insurance And Other Benefits For any purpose other than premium payment, the amount of your Insurance after payment of the Accelerated Benefit will be the greater of the amounts in (1) and (2) below; however, if you assign ’your rights under the Group Policy, the amount of your Insurance will be the amount in (2) below. (1) 10% of the amount of your Insurance as if no Accelerated Benefit had been paid; or (2) The amount of your Insurance as if no Accelerated Benefit had been paid; minus The amount of the Accelerated Benefit; minus An interest charge calculated as follows: A times B times C divided by 365 = interest charge. A = The amount of the Accelerated Benefit. B = The monthly average of our variable policy loan interestrate. C = The number of days from payment of the Accelerated Benefit to the earlier of (I) the date you die, and (2). the date you have a Right To Convert. Your AD&D Insurance, if any, is not affected by payment of the Accelerated Benefit. E. Exclusions No Accelerated Benefit will be paid if: All or part of your Insurance must be paid to your Child(ren), or your Spouse or former Spouse as part of a court approved divorce decree, separate maintenance agreement, or property settlement agreement. 2.You are married and live in a community property state unless you give us a signed written consent ..frog your S.pouse. . ’3. You have made an assignment ~’f all or part of your Insurance unless you giveus a sigr~ed written, consent from the assignee. I Printed 12/6/99 - 14-639022-A You have filed for bankruptcy, unless you giv8 us written approval from the Bankruptcy Court for payment of the Accelerated Benefit. You are required by a government agency to use the Accelerated Benefit to apply for, receive, or continue a government benefit or entitlement. You have previ0u~ly received ah Accelerated Benefit under the Group Policy. Definitions For Accelerated Benefit Insurance means your Plan 1 and Plan 2 Life Insurance under the Group Policy. LLAB.OT.1X RIGHT TO CONVERT A. Right To Convert You may buy an individual policy of life insurance without Evidence Of Insurability if: 1. Your Insurance ends or is reduced due to a Qualifying Event; and 2. You apply in writing and pay us the first premium during the Conversion Period. Except as limited under C. Limits On Right To Convert, the maximum amount you have a Right To Convert is the amount of your Insurance which ended. Definitions For Right To Convert 1.Conversion Period means the 31-day period after the date of any QualiS!ing Event. 2.Insurance means all your insurance under the Group Policy, including insurance continued under Waiver Of Premium, but excluding AD&D Insurance. 3. Qualifying Event means termination or reduction of your Insurance for any reason except: a. The Member’s failure to make a required premium contribution. b. Payment of an Accelerated Benefit. 4.You and your mean any person insured under the Group Policy. 5.Totally Disabled means that, as a result of Sickness, accidental Injury, or Pregnancy, you are unable to perform with reasonable continuity the material duties of any gainful occupation for which you are reasonably fitted by education, training and experience. C. Limits On Right To Convert If your Insurance ends or is reduhed because of termination or amendment of the Group Policy, 1 and 2 below will apply. ~ 1. You may not convert Insurahce which has been in effect for less than the Minimum Time Features.Insured, See Coverage ~ 2. The maximum amount you have a Right To Convert is the lesser of: a.The amount of your Insurance which ended, minus any other group life insurance for which you become eligible during the Conversibn Period; and The Maximum Conversion Amount. See Coverage Features. Printed 12/6/99 - 15-639022-A D. Investigation Of Claim We may have you examined-at our expense at reasonable intervals. Any such examination will be conducted by specialists of our choice. We may have anautopsy performed at our expense, except where prohibit.ed by law. E. Time Of Payment We will pay benefits within 60 days after Proof Of Loss is satisfied. F. Notice Of Decision On Claim The claimant will receive a written decision on a claim within a reasonable time after we receive the claim. If the claimant does not receive our decision within 90 days after we receive the claim, the claimant will have an immediate right to request a review as if the claim had been denied. If we deny may part of the ~laim, the claimant will receive a written notice of denial containing: I. The reasons for our decision; ’ . 2. Reference to the parts of the Group Policy on which our decision is based; 3~ A description of any additional information needed to Support the Claim; and. 4. Information concerning the cllaimant’s right to a review .of our decision. G. Review Procedure If all or part of a claim is denied, the claimant must request a review in writing within 60 days after receiving notice of the denial. The claimant may send us written comments or other items to support the claim, and may review any nonprivileged information that relates to the request for review We will review the claim promptly after we receive the request. We will send notice of our decision within 60 days after we. receive the request, or within 120 days if special circumstances require an extension. We will state the reasons for our decision and refer to the relevant parts of the Group Policy. LI.(~L,OT. I ASSIGNMENT The rights and benefits under the Group Policy cannot,be assigned.~ BENEFIT PAYMENT AND BENEFICIARY PROVISIONS ¯ A. Payment Of Benefits I.Except as provided in item 4 below, benefits payable because of your death will be paid to the Beneficiary you name. See B through E of this section. 2. AD&D Insurance benefits payable for Losses other than Loss of Life will be paid to you. Any ..such benefits rem~ning unpaid at yoUr.death v~.ll be paid according...t0?:the,.provis!ons ’for payment of adeath benefit. ) Printed 12/6/99 -17-639022-A 3. Accelerated Benefits will be paid to you if you are living. 4. Other Benefits will be paid as follows: The Child Care Benefit will be paid to your surviving Spouse. No Child Care Benefit will be paid if you have no Spouse. The CareerAdjustment Benefit will be paid to your Spouse. No Career Adjustment Benefit will be paid if you have no Spouse! The Higher Education Benefit will be paid annually to each eligible Child. No Higher Education Benefit will be paid if there is no Child eligible to receive it. The Repatriation Benefit will l~e paid to the person who incurs the transportation expenses. B. Naming A Beneficiary Beneficiary means a person you name to receive death benefits. You may name one or more Beneficiaries. Two or more surviving Beneficiaries will share equally, unless you specify otherwise. You may name or change Beneficiaries at any time without the con.sent of a Beneficiary. Your Beneficiary designation must be the same for Life Insurance and AD&D Insurance death benefits. You must name or change Beneficiaries in .writing. Your designation: 1.Must be dated and signed by you; 2.Must be delivered to the Polihyowner or Employer during your lifetime; 3.Must relate to the insurance provided under the Group Policy; and 4.Will take effect on the date it is delivered to the Policyowner or Employer. If we approve it, a written designation signed and dated by you under the Prior Plan will be accepted as your Beneficiary designation under the Group Policy. C. Simultaneous Death Provision If a Beneficiary dies on the same day you die, or within 15 days thereafter, benefits will be paid as if that Beneficiary had died before you, unless Proof Of Loss with respect to your death is delivered to us before the date of the Beneficiary’s death. D. No Surviving Beneficiary ..If you do not name a Beneficiary, or if you are not survived by one, benefits will be paid in equal shares to the first surviving class of the classes below. 1.Your spouse. 2.Your children. 3.Your parents. 4.Your brothers and sisters. 5.Your estate. E. Methods Of Payment ¯ " Recipient means’a person who is entitled to benefits under this B~n~flt Paymenf a~d Ben~fl~larF Provisions section. Printed 12/6/99 - 18-639022-A Lump Sum If the amount payable to a Recipient is less than $10~000, We will pay it in a lump sum. Standard Secure Access Checking Account If the amount payable to a Recipient is $10,000 or more, we will deposit it into a Standard Secure Access checking account which: a. b. Co Bears interest; Is owned by the Recipient; Is subject to the terms and conditions of a confirmation certificate which will be given to the Recipient; and d. Is fully guaranteed by us. 3. Installments Payment to a Recipient may be made in installments if: a. The amount payable is $10,000 or more; b. The Recipient chooses; and c. We agree. To the extent permitted by law, the amount payable to the "Recipient will not be subject to any legal process or to the claims of any creditor or creditor’s representative. ~FB_R~P~T) LI.BB.OT. iX ALLOCATION OF AUTHORITY ¯ Except for those functions which the Group Policy specifically reserves to the Policyowner, we have full and exclusive authority to control and manage the Group Policy, to administer claims, and to interpret the Group Policy and resolve all questions arising in the administration, interpretation, and application of the Group Policy. Our authority includes,¯ but is not limited to: I. 2. The right to resolve all matters when a review has been requested; The right to establish and enforce rules and procedures for the administration of the Group Policy and any claim under it; 3. The right to determine: a.Eligibility for insurance; b.Entitlement to benefits; c.Amount of benefits payable; d.Sufficiency and the amount of information we may reasonably require to determine a., b., or c., above. Subject to the review procedures of the Group Policy, any decision we make in the exercise of our authority is conclusive and binding. .. :’~:’" ~" ’ :"’"’" " "-" ...."’" ’ ’" ""-’ ’;’:: "~ "" ...." "~’~’ ’ ’:" ’~’~" "’" ""- : ’"’~ " ": .....LI.AL.OT.I" Printed 12/6/99 - 19-639022-A r TIME’LIMITS ON LEGAL ACTIONS No action at law or in equity may be brought until 60 days after we have beengiven Proof Of Loss. ’ No such action may be brought more than three years after the earlier of: 1. The date we receive Proof Of Loss; and 2. The time within which Proof Of Loss is required to be given. LI.TL.OT. 1 INCONTESTABILITY PROVISIONS .A.Incontestability Of Insurance Any statement made to obtain insurance is a representation and not a warranty. No misrepresentation will be Used to reduce or deny a claim unless: 1. The insurance would not have been approved if we had known the truth; and 2.We have given you or any other person claiming benefits a copy of the signed written instrument which contains the misrepresentation. We will not use a misrepresentation to reduce or deny a claim afte~ the insured’s insurance has been in effect for two years. Incontestability Of Group Policy Any statement made by the Policyowner or Employer to obtain the Group Policy is a representation and not a warranty. No misrepresentation by the Policyowner or. Employer will be used to deny a claim or to deny the validity of the Group Policy unless: I. The Group Policy would not have been issued if we had known the truth; and 2.We have given the Policyowner or Employer a copy of a written instrument signed by the P~licyowner or Employer which contains the misrepresentation. The validity of the Group Policy will not be contested after it has been in force for two years, except for nonpayment of premiums. LI.IN.OT. I DEFINITIONS AD&D Insurance means accidental death and dismemberment insurance, if any, under the Group Policy. Annual Earnings means your annual rate of earnings from your Employer. Your Annual Earnings will be based on you.r earnings in effect on your last full day of Active Work unless a different date applies (see the Coverage Features). Annual Earnings includes: 1. Contributions you make thro~igh a salary reduction agreement with your Employer to: a. An Internal Revenue C~ode (IRC) Section 401(k), 403(b), 408(k), or 4.57 deferred compensation arrangemenlt; or : b.-’An e~cuti~e~r~i~qijaiified ~deferred c~mpen~tion aiTange~nent: ’ ~ ":’ ~’" ’~ .....:.-:~ " ’ " 2. Shift differential pay. Printed 12/6/99 - 20 -639022-A 3.Amounts contributed to your fringe benefits according to a salary reduction agreement under an IRC Section 125 plan. Annual Earnings does not include: 1.Bonuses. 2.Commissions. 3.Overtime pay. 4.Your Employer’s contributions~ on your behalf to any deferred compensation arrangement or pension plan. 5. Any other extra compensation. Child means: 1. Your unmaITied child fromlive birth through age 20 (through age 24 if a registered student in full time attendance at an accredited educational institution); or 2. Your unmarried child who meets either of the following requirements: a.The child is insured under the Group Policy and, on and after the date on which insurance would otherwise end because of the Child’s age, is continuously Disabled. b. The child was insured under the Prior Plan on the day before the effective date of your Employer’s coverage under the Group Policy and was Disabled on that day, and is continuously Disabled thereafter. Child includes any of the following, if they otherwise meet the definition of Child: i. Your adopted child; or ii. Your stepchild, if living in your home. Your child is Disabled if your child is: 1.Continuously incapable of self-sustaining employment because of mental retardation or physical handicap; and 2.Chiefly dependent upon you for’ support and maintenance, or institutionalized because of mental retardation or physical handicap, You must give us proof your Child is Disabled on our forms within 31 days after a) the date on which insurance would otherwis~ end because qf the Child’s age or b) the effective date of your Employdr’s coverage under the G~roup Policy if your child is Disabled on that date. At reasonabl.e intervals there.after, we may requilre further proof, and have your Child examined at our expense. Contributory means you pay all or part of the premium for insurance. Eligibility Waiting Period means the period you must be a Member before you become eligible for insurance, See Coverage Features. Evidence Of Insurability means an applicant must: 2. 3. 4. Complete and sign our medical history statement; Sign our form authorizing us to obtain information about the applicant’s health; Undergo a physical examination, if re.qu,.ired by us, which may include blood testing; and Provide any additional information about the applicant’s insurability’ that we may reasonably require. Printed 12/6/99 - 21 -639022-A Group Po.licy means the group life insurance policy issued by us to the Po~cyowner and identified by the Group Policy Number. Injury means an injury to your body. Life Insurance means life insurance under the Group Policy. Noncontribut6ry means the Policyowner or Employer pays the entire premium for insurance. Physician means a licensed M.D. or D.O., acting within the scope of the license. Physician does not include you or your spouse, or the brother, sister, parent or Child of either you or your spouse. Pregnancy means your pregnancy, Childbirth, or related.medical conditions, including complications of pregnancy. Prior Plan means your Employer’s group life insurance plan in effect on the day before the effective date of your Employer°s coverage under the Group Policy and which is replaced by the Group Policy. Sickness means your sickness, illness, or disease. Spouse means a person to whom you are legally married. ~ ~o COM~ U.D~.O~.~X POLICYOWNER PROVISIONS A. Premiums The premium due on each Premium Due Date is the sum of the premiums for all persons then insured. Premium Rates are shoran in the Coverage Features. Contributions From Members The Policyowner determines the amount, if any, of each Member’s contribution toward the cost of insur’ance under the Group Policy. Changes In Premium Rates We may change Premium Rates when: 1.A change or clarification in law or governmental regulation affects the amount payable under the Group Policy. Any such change in Premium Rates will reflect only the change in our obligations; or 2. The number of insured Members changes by 25% or more; or 3. We and the Policyowner mutually agree to change Premium Rates. Except as provided above, Premium Rates will not be changed during the Initial Rate Guarantee Period shown, in the Coverage Features. Thereafter, except as provided above, we may "change Premium Rates upon advance written notice to the Policyowner. The minimum advance notice is shown in the Coverage Features as Notice of Rate Change. Any such change in Premium Rates may be made effective on any Premium Due Date, but no such change will be made more than once in any contract year. Contract years are successive 12 month periods computed from the end of the Initial Rate Guarantee Period. D. Payment Of Premiums All premiums are due on the Premium Due Dates shown in the Coverage Features. Eachp~emt~m is payable on 0r before its Premium DUe Date d{z’~ctly to us at our home office. The payment of each premium as it becomes due will maintain the Group Policy in force until the next Premium Due Date. Printed 12/6/99 - 22 -639022-A E. Grace Period And Termination For Nonpayment If a premium is not paid on or before its Premium Due Date, it may be paid during the following Grace Period. The length of the Grace Period is shown in the Coverage Features. The Group Policy will remain in force during the Grace Period. If the-premium is not paid during the Grace Period, the Group Policy will terminate automatically at the end of the Grace Period. The Policyowner is liable for premium for insurance under the Group Policy during the Grace Period. We may charge interest at the legal rate for any premium which is not paid during the Grace Period, beginning with the first day after the Grace Period. F. Termination For Other Reasons The Policyowner may terminate the Group Policy by giving us written notice. termination will be the later of: 1. The date stated in the notice; and 2. The date we receive the notice! We may terminate the Group Policy as follows: The effective date of 1. On any Premium Due Date if the number of persons insured is less than the Minimum Participation Number or less than the Minimum Participation Percentage shown in the Coverage Features. 2.On any Premium Due Date if we determine that the Policyowner has failed to promptly furnish any necessary information requested by us, or has failed to perform any other obligations relating to the Group Policy. The minimum advance notice of such termination by us is the same as the Notice of Rate Change stated in the Coverage Features. G. Premium Adjustments Premium adjustments involving a return of unearned premiums to the Policyowne.r will be limited to the 12 months just before the date we receive a request for premium adjustmen~t. H. Certificates We will issue certificates to the Policyowner showing the coverage under the Group Policy. The Policyowner will distribute a certificate to each insured Member. I.Records And Reports The Policyowner or Employer will furnish on our forms all information reasonably necessary to administer the Group Policy. We have the right at all reasonable times to inspect the payroll and other records of the Policyowner or Employer which relate to insurance under the Group Policy. Clerical error by the Policyowner will not: 1.Cause a person to become insured; 2.Invalidate insurance otherwise validly in force; or 3.Continue insurance otherwise validly terminated. J. Miss .tatement. Of .Ag.e. if a~ person’s age has been misstated, we will make an equitable adjustment of’ premiums, benefits, or both. The adjustment will be based on: 1. The amount of insurance based on the correct age; and Printed 12/6/99 - 23-639022-A 2.The difference between the premiums paid and the premiums which would have been paid if the age had been correctly stated. . . Entire Contract, Changes. The Group Policy and .the application of the Policyowner constitute the entire contract between the parties. A copy of the Policyownet’s application is attached to the Group Policy when issued. The Group Policy may be changed in whole or in part. No change in the Group Policy will be valid unless it is approved in writing by one of our executive officers and given to the Policyowner for attachment to the Group Policy. No agent has authority to change the Group Policy or to waive any of its provisions. L. Effect on.Workers’ Compensation, State Disability Insurance The coverage provided under the Group Policy is not a substitute for coverage under a workers’ compensation or state disability income benefit law and does not relieve the Employer of any obligation to provide such coverage. [No D~’) LLPO.,O’r.’~X ALl99 Printed 12/6/99 -24-639022-A EXHIBIT "B" STANDARD INSURANCE COMPANY A Stock Life Insurance Company , 900 SW Fifth Avenue Portland, Oregon 97204-1282 I (503) 321-7000 CERTIFICATE GROUP LONG TERM DISABIUTY INSURANCE Policyowner:Fleet National Bank, Trustee of The Standard Insurance Company Group Policy Number: 638213-T Policy Effective Date: August 1, 1909 Employer: Group Number: Employer Effective Date: City of Palo Alto 639022-B January 1,2000 The Group Policy has been issued to the Policyowner. The Employer has joined the Standard Insurance Company Group Insurance Trust and been approved for group long term disability insurance coverage under the Group Policy. The Group Policy contains numerous optional and variable provisions. The Employer selects ’the options and variables it requests be approved for its employees. The options and variables we have approved for the Employer’s coverage under the Group Policy are contained in the Statement Of Coverage we provided to the Employer. Only those provisions of the Group Policy which appear in the Statement Of Coverage will apply to the Employer’s coverage under the Group Policy. We certify that you will be insured according to the terms of your Employer’s coverage under the Group Policy. If the terms of this Certificate differ from the terms of your Employer’s coverage under. the Group Policy, the latter will govern. If your insurance is changed by an amendment to your Employer’s coverage under the Group Policy, we will provide the Employer with a revised Certificate or other notice to be given to you. Possession of this Certificate does not necessarily mean you are insured. You are insured only if you meet the requirements set out in this Certificate. The terms "you" and "your" mean the Member: "We", "us", and "our" mean Standard Insurance Company. Other defined terms appear with their initial letters capitalized. Section headings, and references to them, appear in boldface type. GC 190-LTD/TRUST President ~@Printed on reegcled paper. Table of Contents COVERAGE FEATURES .........................................................................................1 -GENERAL POLICY INFORMATION ...............~ .....................................................1 SCHEDULE OF INSURANCE ...: .......................................................................’.. 1 PREMIUM CONTRIBUTIONS .............................................................................4 INSURING CLAUSE .....................................................................¯ ...........................5 BECOMING INSURED ............................................................................................5 WHEN YOUR INSURANCE BECOMES EFFECTIVE ..................................................5 ACTIVE WORK PROVISIONS ..................................................................................6 CONTINUITY OF COVERAGE ..................................................................................7 WHEN YOUR INSURANCE ENDS ......: .....................................................................7 WAIVER OF PREMIUM ...........................................................................................8 REINSTATEMENT OF INSURANCE .............................’ ............................................8 " DEFINITION OF DISABILITY ...................................................................................8 RETURN TO WORK PROVISIONS ............................................................................9 REASONABLE ACCOMMODATION EXPENSE BENEFIT ...........................................11 REHABILITATION PLAN PROVISION .......................................................................11 TEMPORARY RECOVERY ............................................................................~ ..........11 WHEN LTD BENEFITS END ..................................................................................... 12 PREDISABILITY EARNINGS ....................................................................................12 DEDUCTIBLE INCOME ..........................................................................................13 EXCEPTIONS TO DEDUCTIBLE INCOME ................................................................14 RULES FOR DEDUCTIBLE INCOME .......................................................................14 SUBROGATION ......................................................................................................15 SURVIVORS BENEFIT ............................................................................................15 CONVERSION OF INSURANCE .....................’. .........................................................16 BENEFITS AFTER INSURANCE ENDS OR IS CHANGED ..........................................16 EFFECT OF NEW DISABILITY .................................................................................17 DISABILITIES EXCLUDED FROM COVERAGE ........................................................17 DISABILITIES SUBJECT TO LIMITED PAY PERIODS ...............................................1S LIMITATIONS .........................................................................................................19 CLAIMS .................................................................................................................19 ALLOCATION OF AUTHORITY ...........................; ......................................; ..............21 TIME LIMITS ON LEGAL ACTIONS ..........................................................................21 INCONTESTABILITY PROVISIONS ...........................................................................21 CLERICAL ERROR, AGENCY, AND MISSTATEMENT ...............................................22 TERMINATION OR AMENDMENT OF GROUP POLICY OR EMPLOYER COVERAGE ..22 DEFINITIONS .......................................................................................... ’ ............... 23 Index of Defined Terms Active Work, Actively At Work, 6 Allowable Periods, 11 Any Occupation, 9 Any Occupation Period, 2 . Benefit Waiting Period, 2, 3, 4, 23 Class Definition, 1 Contributory, 23 CPI-W, 23 Deductible Income, 13 Disabled, 8 Eligibility Waiting Period, 2 Employer, 23 Employer Effective Date, 1 Employer(s), 1 Evidence Of Insurability, 6 Group Number, 1 Group Policy, 23 Group Policy Effective Date, 1 Group Policy Number, 1 Hosp!tal, 18 Indexed Predisability Earning.,~, 23 Injury, 23 LTD Benefit, 23 Material Duties, 9 Maximum Benefit Period, 2, 3~ 4, 23 Maximum LTD Benefit, 2, 3, 4 Member, 1, 5 Mental Disorder: 18 Minimum LTD Benefit, 2, 3, 4 Noncontributory, 24 Other Limited Conditions, 18 Own Occupation, 9 Own Occupation Period, 2 Physical Disease, 24 Physician, 24 Policyowner, 1 Predisability Earnings, 12 Preexisting Condition, 17 Pregnancy, 24 Prior Plan, 24 Proof Of Loss, 20 Reasonable Accommodation Expense Benefit, 11 Rehabilitation Plan, 11 Social Security Normal Retirement Age {SSNRA), 2, 4 Substance Abuse, 18 Survivors Benefit, 15 Temporary Recovery, 11 War, 17 Work Earnings, I0 COVERAGE FEATUHES This section contains many. of the features of your long term disability (LTD) insurance. Other provisions, including exclusions, limitations, and Deductible Income, appear in other sections. Please refer to the text of each section for full details~ The Table of Contents and the Index of Defined Terms help locate sections and deihaitions. Group Policy Number: Policyowner: Employer{s}: Group Number: Group Poli,cy Effective Date: Employer Effective Date: Policy Issued in: GENERAL POLICY INFORMATION 638213-T Fleet National Bank, Trustee of the Standard Insurance Insurance Company Group Insurance Trust One Constitution Plaza, 14th Floor " Hartford, CT 06115 City ofPaloAlto 639022-B August I, 1999 January1,2000 RhodeIsland Member means: A regular employee of the Employer (excluding a bargaining sworn police or fn-e department employee); i 2. Actively At Work at least 20 h6urs each week (for purposes of the M~mber definition, Actively At Work will Include regularly scl’aeduled days off, holidays, or vacation days, so long as the person is capable of Active Work on those days); and 3. A citizen or resident of the United States or Canada. Member does not include a temporary or seasonal employee, a full-time member of the armed forces of any country, a leased employee, or an independent contractor. Class Definition: Class I: Class 2: Class 3: All Members (other than Management and Confidential Members) Management andConfidential Members wl{ose Predisability Earnings are $6,000 or less Management and Confidential Members whose Predisability Earnings exceed $6,000 Eligibility Waiting Period: SCHEDULE OF INSURANCE Yol.~ are eligible on one of the following dates: ’ ’ If you are a Member on the Employer Effective Date, you are eligible on that date. Printed 12/6/99 - 1 -639022-B If you become a Member after the Employer Effective Date, you are eligible on the date you become a Member. Eligibility a/Caiting Period means the period you must be a Member before you become eligible for insurance. Own Occupation Period: Any Occupation Period: The first 24 months for which LTD. Benefits are payable. From the end of the Own Occupation Period to the end of the Maximum Benefit Period. Class 1: If you are a Class 1 Member and you meet the requirements to become insured under the Group Policy, you may elect insurance under either Plan A or Plan B. Class 2: If you are a Class 2 Member and you meet the requirements to become insured under the Group Policy, you automatically will be insured under Plan C. Class 3: If you are a Class 3 Memb’er and you meet the requirements to become insure.d under the G~-oup Policy, you may elect insurance under either Plan C or Plan D. If you do not elect to become insured under Plan D, you automatically will be insured under Plan C. Classes 1 and 3: If you apply for coverage more than 31 days after becoming eligible, or if you wish to increase your insurance by changing from one plan to another, you will be required to submit satisfactory Evidence Of Insurability. ] Plan A LTD Benefit:. (available to Class 1 Members only) Maximum LTD Benefit: Minimum LTD Benefit: Benefit Waiting Period: Maximum Benefit Period: Age 61 or younger .................................. 66 2/3% of the first 86,000 of your Predisability Earnings, reduced by Deductible Income. $4,000 before reduction by Deductible Income, 8100 60 days Determined by your age when Disability begins, as follows: Maximum Benefit Period To age 65, or to SSNRA, or 3 years 6 months, whichever is longest. 62 ...................................................To SSNRA, or 3 years 6 months, whichever is longer. 63 ...................................................To SSNRA, or 3 years, whichever is longer. 64 ...................................................To SSNRA, or 2 years 6 months, whichever is longer., 65 ...................................................2 years 66 ...................................................I year 9 months 67 .................~ ...............................:. 1 year 6 months 68 ...................................................I year 3 months 69 or older ......................................1 year Social Security Normal Retirement Age (SSNRA) means your normal retirement age under the Federal Social Security Act, as amended. Plan B (available to Class 1 Members ordy) LTD Benefit:60% of the first 83,000 of your Predisability Earnings, reduced by Deductible Income. Printed 12/6/99 - 2~-639022-B Maximum LTD Benefit: Minimum LTD Benefit: Benefit Waiting Period: : Maximum Benefit Period: 81,800 before reduction by Deductible Income. Sloo 60 days Determined by your age when Disability begins and nature o.f your Disability, as shown below. t.he If you are Disabled as a result of a Physical Disease, Pregnancy or Mental Disorder, your Maximum Benefit Period is determined as follows: Maximum Benefit Period 61 or younger ..................................To age’ 65 or for 5 years, whichever is shorter. 62 ...................................................3 years 6 months 63 ....................................................3 years 64 ...................................................2 years 6 months 65 ...................................................2 years 66 ...................................................1 year 9 months 67 ...................................................1 year 6 months 68 ...................................................1 year 3 months 69 or older ..............................................1 year If you are Disabled as a result of an Injury, your Maximum Benefit Period is determined as follows: Age Maximum Benefit Period 61 or younger ..................................To age 65 or 3 years 6 months, whichever is longer. 62 ...................................................3 years 6 months 65 ...................................................2 66 ...................................................1 67 ...................................................1 68 ...................................................1 69 or older ..............................................1 years years 6 months years year 9 months year 6 months year 3 months year Plan C LTD Benefit: Maximum LTD Benefit: Minimum LTD Benefit: Benefit Waiting Period: (available to Class 2 and Class 3 Members only) 66 2/3% of the first $6,000 of your Predisability Earnings, reduced by Deductible Income. $4,000 before reduction by Deductible Income. $100 60 days Printed 12/6/99 -3-639022-B Maximum Benefit Period:.Determined by your age when Disability begins, as follows: Age Maximum Benefit Period 61 or younger ..................................To age 65, or to SSNRA, or 3 years 6 months, whichever is longest. 62 ...................................................To SSNRA, or 3 years 6 months, whichever is longer. 63 ...................................................To SSNRA, or 3 years, whichever is longer. 64 ...................................................To SSNRA, ’or 2 years 6 months, whichever is longer; 65 ...................................................2 years 66 ...................................................~1 year 9 months 67 ...................................................I year 6 months ’ ~ 68 ...................................................1 year 3 months 69 or older .........: ............................1 year Social Security Normal Retirement Age {SSNRA) means your normal retirement age under the Federal Social Security Act,-as amended. Plan D LTD Benefit: (available to Class 3 Members only] .. Maximum LTD Benefit: Minimum LTD Benefit: Benefit Waiting Period: Maximum Benefit Period: Age 61 or younger .................................. 66 ~2/3% of the first $15,000 of your Predisability Earnings, reduced by Deductible Income. $10,000 before reduction by Deductible Income. $1oo 60 days Determined by your age when Disability begins, as follows: Maximum Benefit Period To age 65, or to SSNRA, or 3 years 6 months, whichever is longest. 62 .............~ .....................................To SSNRA, ot 3 years 6 months, which.ever is longer. 63 ......~ ............................................To SSNRA, or 3 years, whichever is longer. 64 ...................................................To SSNRA, or 2 years 6 months, whichever is longer. 65 ..................................................; 2 years 66 ...................................................1 year 9 months 67 ...................................................1 year 6 months 68 ...................................................1 year 3 months 69 or older .................~ ....................1 year Social Security Normal Retirement Age (SSNRA) means your normal retirement age under the Federal Social Security Act, as amended. PREMIUM CONTRIBUTIONS For Plans A, B and D, insurance is:Contributory For Plan C, insurance is:Noncontributory Printed 12/6/99 4 639022-B INSURING CLAUSE If you become Disabled while insured under the Group Policy, we will pay LTD Benefits according to the terms of your Employer’s coverage under the Group Policy after we receive Proof Of Loss satisfactory to us. " LT.IC.OT.2 BECOMING INSURED To become insured you must be a Member, complete your Eligibility Waiting Period, and meet the requirements in Active Work Provisions and When You~ Insurance Becomes Effective. Youare a Member if you are: 1. A regular employee of the Employer (excluding a bargaining sworn police or fire department employee); 2. Actively At Work at least 20 hours each week (for purposes of the Member definition, Actively At Work will include regularly scheduled days off, holidays, or vacatibn days, ’so long as you are capable of Active Work on those days); and 3. A citizen or resident of the United States or Canada. You are not a Member if you are a temporary or seasonal employee, a full-time member of the armed forces of any country, a leased employee, or an independent contractor. Eligibility Waiting Period means the: period you must be a Member before you become eligible for insurance. Your Eligibility Waiting Period is shown in the Cove.rage Features.. WHEN YOUR INSURANCE BECOMES EFFECTIVE When Insurance Becomes Effective Subject to the Active Work Provl.siona, your insurance becomes effective as follows:’ 1.Insurance Subject To Evidence Of Insurability Insurance subject to Evidence Of Insurability becomes effective on the date we approve your Evidence Of Insurability. Insurance Not Subject To Evidence of Insurability The Coverage Features states whether insurance is Contributory or Noncontributory. a. Noncontributory Insurance Noncontributory insurance not subject to Evidence Of Insurability becomes effective on the date you become eligible. b. Contributory Insurance You must apply in writing for Contributory. insurance and agree to pay premiums. Contributory insurance not subject to Evidence Of Insurability becomes effective on: i.The date you become e~ligible if you apply on or before that date; or iL The date you apply if y[ou apply within 3 idays after you become eligible. ¯ Late application: Evidence Of Insurability is required if you apply more than 31 days after you become eligible. Printed 12/6/99 ,-5-639022-B lo Elective increase: Evidence Of insurability is requtred to increase the amount of your LTD Benefit by changing the Plan you have selected. Takeover Provisions 1. If you were insured under the Prior Plan on the day before the effective date of your Emplo3~er’s coverage under the Group Policy, your Eligibility Waiting Period is waived on the effective date of your Employer’s coverage under the Group Policy. 2. You must submit satisfactory Evidence Of Insurability to become insured if you were eligible for insurance under the Prior Plan for more than 31 days but were not insured. 3. You must submit satisfactory Evidence Of insurability to become insured under a Plan which provides an LTD Benefit which exceeds the amount of the benefit for which you were insured on December 31, 1999 under the Prior Plan. Evidence Of Insurability Requirement Evidence Of Insurability satisfactory to us is required: a.For late application for. Contributory insurance, b.For an increase in your LTD Benefit due to a change in the Plan selected.. c.For an LTD Benefit which exceeds the amount of your benefit under the Prior Plan. d.For Members eligible but not insured under the Prior Plan. e.For reinstatements if required. Providing Evidence Of Insurability means you must: 1.Complete and sign our medical history statement; 2.Sign our form authorizing us to obtain lnfo .rmation about your health; 3.Undergo a phy’sical examination, if required by us, which may include blood testing; and 4.Provide any additional information about your insurability that we may reasonably require. WAR EOI~ LT.EF.OT.1X ACTIV~ WORK PROVISIONS Active Work Requirement You must be capable of’ Active iWork on the day before the scheduled effective date of your insurance or your insurance will ,not become effective as scheduled. If you are incapable of Active Woflt because of Physical Disease, Injury, Pregnancy or Mental Disorder on the day before the scheduled effective date of your insurance, your insurance will not become effective until the day after you complete one full day of Active Work as an eligible Member. Active Work and Actively At Work mean performing with reasonable continuity the Material Duties of your Own Occupation at your Employer’s usual place of business. Changes In Insurance This Active Work r~qulrement also applies to any increase in your insurance. LT.AW.OT.1 Printed 12/6/99 - 6 -639022-B CONTINUITY OF COVERAGE If your Disability is subject to the Preexisting Condition Exclusion, LTD Benefits will be payable if: I. You were insured under the Prior Plan on the day before the effective date of your Employer.’s coverage under the Group Policy; You became insured under the Group Policy when your insurance under the Prior Plan ceased; You were continuously insured under the Group Policy from the effective date of your insurance under the Group Policy through the date you became Disabled from the Preexisting Condition; and Benefits would have been payable under the terms of the ’Prior Plan if it had remained in force, taking into account the preexisting condition exclusion, if any, of the Prior Plan. For such a Disability, the amount of your LTD Benefit will be the lesser of: a. The monthly benefit that would have been payable under the terms of the Prior Plan if it had remained in force; or b.The LTD Benefit payable under the terms of your Employer’s coverage under the Group Policy, but without application of the Preexisting Condition Exclusion. Your LTD Benefits for such a Disability will end on the earlier of the following dates: a. The date benefits would have ended under the terms of the Prior Plan if it had remained in force; or b. Under the terms of your Employer’scoverage under the GroupThe date LTD Benefits end Policy. WHEN YOUR INSURANCE ENDS (Px3 Your insurance ends automatically on the earliest of: I. The date the last period ends for which a premium contribution was made for your insurance. 2. The date the Group Policy terminates. 3. The date your Employer’s coverage under the Group Policy terminates. The date your employment terminates. The date you cease to be a Member. However, your insurance will be continued during the following periods when you are absent from Active Work, unless it ends under any of the above. a. During the first 90 days of a temporary or indefinite administrative or involuntary l~ave of absence or sick leave, provided your Employer is paying you at least the same Predisability Earnings paid to you immediately before you ceased to be a Member. A period when you are absent from Active Work as part of a severance or other employment termination agreement is not a leave of absence, even if you are receiving the same Predisability Earnings. b. During a leave of absence if continuation of your insurance under ~he Group Policy is required by a state-mandated family or medical leave act or law. During any other temporary leave of absence approved by your Employer in advance and in writing and scheduled to !ast 30. days or less. A period of Disability i.s not a leave of absence., ¯ LT.EN,OT,2 Printed 12/6/99 -’ 7 -639022-B WAIVER OF PREMIUM Wewill waive payment of premium for your insurance while LTD Benefits are payable. LT.WP.~T. I REINSTATEMENT OF INSURANCE If your insurance ends, you may become insured again as a new Member. However, the following will apply: 1.If you cease to be a Member because of a covered Disability, your insurance will end; however, if you become a Member again immediately after LTD Benefits end, the Eligibility Waiting Period will be waived and, with respect to the condition(s) for which LTD Benefits were payable, the Preexisting Condition Exclusion will be applied as if your insurance had remained in effect during that period of Disability. i ~o be a Member for any reason other than a covered2.If your insurance ends because lyou cease Disability, and if you become a Member again within 90 days,, the Eligibility Waiting Period will be waived. ~ If your insurance ends because you fail to make a required premium contribution, you must provide Evidence Of Insurability to become insured again. If your insurance ends becauseyou are on a federal or state-mandated family Or medical leave of absence, and you become a Member again immediately following the period allowed, your insurance will be reinstated pursuant to-the federal or state-mandated family or medical leave act or law. o The Preexisting Conditions Exclusion will be applied as if insurance had remained in effect in the following instances: a. If you become insured again within 90 days. b. If required by federal or state-mandated family or medical leave act or law and you become insured again immediately following the period allowed under the family or medical leave act or law. 6. In no event will insurance be retroactive. LT.RE.OT.I DEFINITION OF DISABILITY You are Disabled if you meet the following definitions during the periods they apply: A. Own Occupation Definition Of Disability. B.’ Any Occupation Definition Of Disability. A. Own Occupation Definition Of Disability During the Benefit Waiting Period and the Own Occupation Period you are required to be Disabled only from your Own Occupation. You are Disabled from your Own Occupation if, as a result of Physical Disease, Injury, Pregnancy or Mental Disorder: ’i~You are ’unable to~ perform with reasonable contir~uity the Material Duties of your Own Occupation; and ’ Printed 12/6/99 -8-639022-B 2.You suffer a loss of at least 20% in your Indexed Predisability Earnings when working in your Own Occupation. Note: You are not Disabled mgrely because your right to perform your Own Occupation is restricted, including a restrictio!!or loss of license, . . . , During the Own Occupation Pe od you may work in another occupation While you meet the Own Occupation Definition Of Disability. However, you will no longer be Disabled when your Work Eamings from another occupation meet or exceed 80% of your Indexed Predisability Earnings. Your Work Earnings may be Deductible Income. See Return To Work Provisions and Deductible Income. Own Occupation means any employment, business, trade, profession, calling or vocation that involves Material Duties of the same general character as the occupation you are regularly performing for your Employer when Disability begins. In determining your Own. Occupation, we are not limited to looking at the way you perform your job for your Employer, but we may also look at the way the occupation is generally performed in the national economy. If your Own Occupation involves the rendering of professional services and you are required to have a professional or occupational license in order to work, your Own Occupation is as broad as the scope of your license. Material Duties means the essential tasks, functions and ’operations, and the skillsl abilities, knowledge, training and experience, generally required by employers from those engaged in a particular occupation that cannot be reasonably modified or omitted. In no event will we consider working an average of more than 40 hours per week to be a Material Duty. B. Any Occupation Definition Of Disability During the Any Occupation Period you are required to be Disabled from all occupations. You are Disabled from all occupations if, as a result of Physical Disease, Injury, Pregnancy or Mental Disorder, you are unable to perform with reasonable continuity the Material Duties of Any Occupation. Any Occupation means any occupation or employment which you are able to perform, whether due to education, training, or experience, which is available at one or more locations in the national economy and in which you can be expected to earn at least 60% of your Indexed Predisability Earnings within twelve months following your return to work, regardless of whether you are working in that or any other occupation. Material Duties means the essential tasks, functions and operations, and the skills, abilities, knowledge, training and experience, generally required by employers from those engaged in a particular occupation that cannot be reasonably modified or omitted. In no event will we consider working an average of more than 40 hours per week to be a Material Duty. Your Own Occupation Period and Any Occupation Period are shown in ~he Coverage Features. (OWN_ANY_WITH 40) LT.DD.OT. I RETURN TO WORK PROVISIONS A. Return To Work Responsibility During the Own Occupation Period no LTD Benefits will be payable for any period when you are able to work in your Own Occupation and able to earn at least 20% of your Indexed Predisability Earnings, but you elect not to work. During theAny Occupation Period no LTD Benefits will be payable for any period when you are able to work in Any Occupation and able to earn at least 20% of your Indexed Predisability Earnings, but you elect not to work. Printed 12/6/99 - 9 -639022-B B. Return To Work Incentive You may serve your Benefit Waiting Period while working if you meet the Own Occupation Definition Of Disability. You are eligtble for the Return To Work Incentive on the first day you work after the Benefit Waitifig Period- If LTD Benefits are payable on that date. The Return To Work Incentive changes 12 months after that date, as follows: 1.During the first 12 months, your Work Earnings will be Deductible Income as determined tn a., b. and c: a.Determine the amount of your LTD Benefit as if there were no Deductible Income, and add your Work Earnings to that amount. b. Determine 100% of your Indexed Predisability Earnings. c. If a. is greater than b., the difference will be Deductible Income. 2. After those first 12 months, 50% of your Work Earnings will be Deductible Income. Work Earnings Definition Work Earnings means your gross monthly earnings from work you perform while Disabled, plus the earnings you could receive if you worked as much as you are able to, conside.ring your Disability, in work that is reasonably available: a. In your Own Occupation during the Own Occupation Period; and b. In Any Occupation during the Any Occupation Period. Work Earnings includes earnings from your Employer, any other employer, or self-employment, and any sick pay, vacation pay, annual or personal leave pay or other salary continuation earned or accruedwhile working. Earnings from work you perform will be included in Work Earnings when you have the right to receive them. If you are paid in a lump sum or on a basis other than monthly, we will prorate your Work Earnings over the period of time to which they apply. If no period of time is stated, we will use a reasonable one. In determining your Work Eamlngs we: 1. Will use the financial accounting method you use for income tax purposes, if you use that method on a consistent basis. 2. Will not be limited to the taxable income you report to the Internal Revenue Service. 3.May ignore expenses under section 179 of the IRC as a deduction.from your gross earnings. 4.May ignore depreciation as a deduction from your gross earnings. 5.May adjust the financial information you give us in order to clearly reflect your Work Earnings. If we determine that your earnings vary substantially from month to month, we may determine your Work Earnings by averaging your earnings over the most recent three-month period. During the Own Occupation Period you will no longer be Disabled when your average World Earn!ngs over the-last three months exceed 80% of your Indexed Predlsabillty Earnings. During the Any Occupation Period you will no longer be Disabled when your average Work Earnings over the last three months exceed 60% of your Indexed Predisabihty Earnings. . . ’ Printed 12/6/99 -10-639022-B REASONABLE ACCOMMODATION EXPENSE BENEFIT If you return to work in any occupation for any employer, not including self-employment, as a result of a reasonable accommodation made by such employer, we will pay that employer a Reasonable Accommodation Expense Benefit of up to $25,000, but not to exceed the expenses incurred. The Reasonable Accommodation Expense Benefit is payable only.if the reasonable accommodation is approved by us in writing prior to its implementation. REHABILITATION PLAN PROVISION ~While you are Disabled you m,ay qualify to participate in a Rehabilitation Plan. Rehabilitation Plan means a written plan, program or course of vocational training or education that is intended to prepare you to return to work. To participate in a Rehabilitation Plan you must apply on our forms or in a letter to us. The terms, conditions and objectives of the plan must be accepted by.you and approved by us in advance. We have the sole discretion to approve your Rehabilitation Plan. An approved Rehabilitation Plan may include our payment of some or all of the expenses you incur in connection with the plan, including: a. Training and education expenses. b.Family care expenses.~. c.Job-related expenses. d.Job search expenses. LT.RH.OT.1 TEMPORARY RECOVERY You may temporarily recover from your Disability and then become Disabled again from the same cause or causes without having to serve a new Benefit Waiting Period. Temporary Recovery means you cease to be Disabled for no longer than the applicable Allowable Period. See Definition Of Disability. A. Allowable Periods I. During the Benefit Waiting Period: a total of 30 days of recovery. 2. During the Maximum Benefit Period: 180 days for each period of recovery. B. Effect Of Temporary Recovery If your Temporary Recovery does not exceed the Allowable Periods, the following will apply. 1. The Predisability Earnings use~d to determine your LTD Benefit will not change. 2. ,The period of Temporary Reclovery will not count toward your Benefit Waiting Period, your "Maximum Benefit Period or yo~ur Own Occupation Period. 3. No LTD Benefits will be payable for the period of Temporary Recovery. 4,No LTD Benefits will be payable after benefits become payable to you i~nder any other disability ,.insurance plan under which you become insured during your period o.f T9mpor.ary, Recovery., ¯ ,’ " 5.Except as stated above, the provisions of the Group Policy will be applied as if there had been no interruption of your Disability. Printed 12/6/99 -II -639022-B WHEN LTD BENEFITS END Your LTD Benefits end automatically on the earliest of: 2. 3. 4. So LT.TR.OT.I The d~ite you are no longer Disabled. The date your Maximum Benefit Period ends. -The date you die. The date benefits become payable under any other LTD plan under which you become insured through employment during a period of Temporary Recovery. The date you fat to provide proof of continued Disability and entitlement to LTD Benefits. LT.BE.OT.1 an IRC Section 125 plan. Predisability Earnings does not include: PR.EDISABILITY EARNINGS Your Predisability Earnings will be based on your earnings in effect on y.our last full day of Active Work. Any subsequent change in your earnings after that last ftfll dayof Active Work will not affect your Predisability Earnings. Predisability Earnings means your monthly rate of earnings from your Employer, including: 1. Contributions you make through a salary reduction agreement with your Employer to: a. An Internal Revenue Code (IRC) Section 401(k), 403(b), 408(k), 408(p), or 457 deferred compensation arrangement; or b. An executive nonqualified deferred compensation arrangement. Shift differential pay. Amounts contributed to your ,~ringe benefits according to a salary reduction agreement under I. Bonuses. 2. Commissions. 3.. Overtime pay. 4.Your Employer’s contributions on your behalf to any deferred compensation arrangement or pension plan. 5. Any other extra compensation. If you are paid on an annual contract basis, your monthly rate of earnings is one-twelfth (1/12th) of your annual contract salary. If you are paid hourly, your monthly rate of earnings is based on your hourly pay rate multiplied by the number of hours you are regularly scheduled to work per month, but not more than 173 hours. If you do not have regular Work hours, your monthly rate of earnings is based on the average number of hours you worked per month during the preceding 12 calendar months (or during your period of era. ploymentit"less~.than 12months), butnot’mor~tlian I7~hours.. -."-~.~.-~.~:~.:~"..’,., :~. :.~:-.:.’..:~. ::. .... ~ := .,~-~ :~ (REG NO COM)LI.PD.OT.2 Printed 12/6/99 - 12-639022-B DEDUCTIBLE INCOME Subject to Exceptions TO Deductible Income, Deductible Income means: , I. Sick pay, annual or personal leave pay, severance pay, or other salary continuation, Includi.ng donated amounts, (but not vacation pay) payable to you by your Employer, 2. Your Work Earnings, as described in the Retur~ To Work Provisions. 3. Any amount you receive or are eligible to receive because of your disability, including amounts for partial or total disability, whether permanent, temporary, or vocational, under any of the following: a. A workers’ compensation law; b.The Jones Act; o c.Maritime Doctrine of Maintenance, Wages, .or Cure; d.Longshoremen’s and Harbor Worker’s Act; or. e.Any similar act or law. Any amount you, your spouse, or your child under age 18 receive or are eligible to receive because of your disability or retirement under: a.The Federal Social Security Act; b.The Canada Pension Plan; c.The Quebec Pension Plan; d.The Railroad Retirement Act; or e.Any similar plan or act.~ Full offset: Both the primary benefit (the benefit awarded to you) and dependents benefit are Deductible Income. Benefits your spouse or a child receives or are eligible to receive because of your disability are Deductible Income regardless of marital status, custody, or place of residence. The term "child" has the meaning given in the applicabl~e plan or act. Any amount you receive or are eligible to ’receive because of your disability under any state disability income benefit law or similar law. Any amount you receive or are eligible to receive because of your disability under another group insurance coverage. Any disability or retirement benefits you receive or are eligible to receive under your Employer’s retirement plan, including a public employee retirement system, a state teacher retirement system, and a plan arranged and maintained by a union or employee association for the benefit of its members. If any of these plans has two or more payment options, the option which comes closest to providing you a monthly income for life with no survivors benefit will be Deductible Income, even if you choose a different option. 8,Any earnings or compensation included in Predisability Earnings which you receive or are eligible to receive while LTD Benefits are payable. .......L ....~.: 9.,,:~kny amount y~u r~eive or~e ~iigibl~ ~0 ~:e~i~re ~=der: an~ Ui~:e’mpl-6~Tie~t"c-ompens~tion. law or similar act or law. ’P~nted 12/6/99 -13-639022-B I0.Any amount you receive or are eligible t~ receive from or on behalf of a third party because of your disability, whether by judgement, settlement or other method. If you notify us before filing suit or setting your claim against such third party, the. amount used as Deductible Income will be reduced bY a pro rata share of your costs of recovery, including reasonable attorney fees. 11.Any amount you receive by compromise, settlement, or other method as a .result of a claim for any of the above, whether disputed or undisputed. (NO OTHR OFFST..PUB:WITH 3RD) LT.DI.OT.1 EXCEPTIONS TO DEDUCTIBLE INCOME Deductible Income does not include: 1.Any cost of living increase in any Deductible Income other than Work Earnings, if the increase becomes effective while you are Disabled and while you are eligible for the Deductible Income. 2.Reimbursement for hospital, medical, or surgical expense. 3.Reasonable attorneys fees incurred in connectiox~ with a claim for Deductible Income. 4.Benefits from any individual disability insurance policy. 5.Early retirement benefits under the Federal Social Security Act which are not actually received. 6.Group credit or mortgage disability insurance benefits. 7.Accelerated death benefits paid under a life insurance policy. 8.Benefits from the following: a. Profit sharing plan. b. Thrift or savings plan. c.Deferred compensation plan. d.Plan under IRC Section 40 l(k), 408(k), 408(p), or 457. e.Individual Retirement Account (IRA). f.Tax Sheltered Annuity (TSA.) under IRC Section 403(b). g.Stock ownership plan. h.Keogh (HR-10) plan. (PUB_NO OTHR OFFST)LT.ED.OT.1 RULES FOR DEDUCTIBLE INCOME A. Monthly Equivalents Each month we will determine your LTD Benefit using the Deductible Income for the same monthly period, even.if you actually receive the Deductible Income in another month. If you are paid Deductible Income in a lump sum or by a method other than monthly, we will dete .rmine your LTD Benefit using a prorated amount. We will use the period of time to which the Deductible Income applies. If no period of time is stated, we will use a reasonable one. You must pursue Deductible Income for which you may be eligible. We may ask for written documentation of your pursuit of Deductible Income. You must provide it within 60 days after we Printed 12/6/99 -14-639022-B’ Do mail you our request. Otherwise, x’ve may reduce your LTD Benefits by the amount we estimate you would be eligible to receive upon p~roper pursuit of the Deductible Income. " Pending Deductible Income We will not deduct pending Deductible Income until it becomes payable. You must notify us of the amount of the Deductible Income when it is approved.You must repay us for the resulting overpayment of your claim. Overpayment Of Claim We will notify you of the amount of any overpayment of your claim under any group disability insurance policy issued by us. You must immediately repay us. You will not receive any LTD Benefits until we have been repaid in full. In the meantime, any LTD Benefits paid, including the Minimum LTD Benefit, will beapplied’to reduce the amount of the overpayment. We may charge you interest at the legal rate for any overpayment which is not repaid within 30 days after we ~irst mail you notice of the amount of the overpayment. LT.RU.OT. 1 SUBROGATION If LTD Benefits are paid or payable to you under the Group Policy as the result of any act or omission of a third party, we will be subrogated to all rights of recovery you may l~ave in respect to such act or omission. You must execute and deliver to us such instruments and papers as may be required to do whatever else is needed to secure such rights. You must avoid doing anything that would prejudice our rights of subrogation. If you notify us before filing suit or settling your claim against such third party, the amount to which we are subrogated will be reduced by a pro rata share of your costs of recovery, including reasonable attomey fees. If suit or action is filed, we may record a notice of payments of LTD Benefits, and such notice shall constitute a lien on any judgement recovered. If you or your legal representative fail to bring suit or action promptly against such third party, we may institute such suit or action in our name or in your name. We are entitled to retain from any judgement recovered the amount of LTD Benefits paid or to be paid to you or on your behalf, together with our costs of recovery, including attorney fees. The remainder of such recovery, if any, shall be paid to you or as the court may direct. LT.~O.OT.1 SURVIVORS BENEFIT If you die while LTD Benefits are payable, and on the date you die you have been continuously Disabled for at least 180 days, we will pay a Survivors Benefit accgrding to I through 4 below. I. The Survivors Benefit is a lump sum equal to 3 times your LTD Benefit without reduction by Deductible Income. 2. The Survivors Benefit will first be applied to reduce any overpayment of your claim. 3. The Survivors Benefit will be paid at our option to any one or more of the following: a. Your. surviving spouse; b. Your surviving unmarried children, including adopted children, under age 25; d. Any person providing the care and support of any person listed in a., b., or c. above. PHnted 12/6/99 -15-639022-B 4. No Survivors Benefit will be paid if you are not survived by any person listed ina., b., or c. above. LT, SB.OT.1 CONVERSION OF INSURANCE Conversion Of Insuran.ce Benefit, When your insurance ends, you may buy LTD conversion insurance if you meet 1 through 5 below. 1. Your insurance ends for a reason other than: a. Termination or amendment Of the Group Policy; b. Your failure to make a required premium contribution; or c. Your retirement. .~ 2.You were continuously insured under your Employer’s long term disability insurance plan for at least one year as of the date your insurance ended. 3. You are not Disabled on the date your insurance ends. 4. You are a citizen or resident of the United States or Canada. 5.You must apply in writing and pay the first premium to us within 31 days after your insurance ends. Your LTD conversion insurance becomes effective on the day after your insurance ends. The maximum LTD conversion insurance benefit you may select is the smallest of: 1.$4,000 {however, if you provide satisfactory Evidence Of Insurability, this upper limit is $8,000); 2.60% of your insured Predisability Earnings on the date your insurance ended; and 3.The LTD Benefit payable if you had become Disabled on the day before your insurance ended and you had no Deductible Income. The maximum LTD conversion insurance benefit is reduced by deductible income. The certificate we will issue to you when your LTD conversion insurance becomes effective will contain other provisions which will also differ from the Group Policy. LT.CV,OT.I BENEFITS AFTER INSURANCE ENDS OR IS CHANGED During each period of continuous Di.sability, we will pay LTD Benefits according to the terms of your Employer’s coverage under the Group Policy in effect on the date you become Disabled, Your right to receive LTD Benefits will not be affected by: 1.Any amendment to the Group Policy or your Employer’s coverage under the Group Policy that is effective after you become Disabled. Termination of the become Disabled. Group Policy or your Employer’s coverage under the Group Policy after you LT.KOT.2 Printed 12/6/99 - 16-639022-B EFFECT OF NEW DISABILITY ’: If a period of Disability is extended by a new cause while LTD Benefits axe payable, LTD Benefits will continue whil.e you remain Disabled. However, I and 2 apply. 1. LTD Benefits will not continue beyond the end of the original Maximum Benefit Period. 2.The Disabilities Excluded From Coverage, Disabilities Subject To Limited Pay Periods, and Limitations sections will apply to the new cause of Disability. LT.ND,OT.I A. War Bo DISABILITIES EXCLUDED FROM COVERAGE You are not covered fo~ a Disability caused or contributed to by War or any act of War. War means declared or undeclared war, whether civil or international, and any substantial armed conflict between organized forces of a.military nature. Intentionally Self-Inflicted Injury You are not covered for a Disability caused or ’contributed to by an intentionally self-inflicted Injury, while sane or insane. Preexisting Condition 1. Definition Preexisting Condition means a mental or physical condition, whether or not diagnosed or misdiagnosed: a. For which you have done or for which a reasonably prudent person would have done any of the following: i. Consulted a physician or other licensed medical professional; ii, Received medical treatment, services or advice; iii. Undergone diagnostic procedures, including self-administered procedures; iv. TalCen prescribed drugs or medications; b.Which, as a result of any medical examination, including routine examination, was discovered or suspected; at any time during the 90-day period just before your insurance becomes effective. Exclusion You are not covered for a Disability caused or contributed to by a Preexisting Condition or medical or surgical treatment of a Preexisting Condition unless, on the date you become Disabled, you: a.Have been Continuously insured under the Group Policy for 12 months; and b.Have been Actively At Work for at least one full day after the end of that 12 months. D. Loss Of License Or Certification Y0u~ are not covered fo~a~Disability caused or contributed to by-the, loss of..your .p~ofessional. license, occupational license or certification. Printed 12/6/99 - 17-639022-B E. Violent Or Criminal Conduct You are not covered for a Disability caused or contributed to by your committing or attempting to commit an assault or felony, or actively participating in a violent disorder or riot. Actively participating does not include being at the scene of a violent disorder or riot while performing yo.ur official duties. DISABILITIES SUBJECT TO LIMITED PAY PERIODS A. Mental Disorders, Substance Abuse and Other Limited Conditions Payment of LTD Benefits is limited to 24 months during your er~tire lifetime for a Disability caused " or contributed to by any one or more of the following, or medical or surgical treatment of one. or more of the following: 1.Mental Disorders; 2.Substance Abuse; or 3.Other Limited Conditions.- However, if you are confined in a Hospital solely because of a Mental Disorder at the end of the 24 months, this limitation will not apply while you are continuously confined. Mental Disorder means any mental, emotional, behavioral, psychological, personality, cognitive, mood or stress-related abnormality, disorder, disturbance, dysfunction or syndrome, regardless of cause (including any biological oi- biochemical disorder or imbalance of the brain) or the presence of physical symptoms. Mental I~isorder includes, but is not limited to, bipolar affective disorder, organic brain syndrome, schizop!~renia, psychotic illness, manic depressive illness, depression and depressive disorders, anxiety and~ anxiety disorders. Substance Abuse means use of cohol, alcoholism, use of any drug, including hallucinogens, or drug addiction. Other Limited Conditions means chronic fatigue conditions (such as .chronic fa~’igue syndrome, chronic fatigue immunodeficiency syndrome, post viral syndrome, limbic encephalopathy, Epstein- Barr virus infection, herpesvirus type 6 infection, or myalgic encephalomyelitis), any allergy or sensitivity to chemicals or the environment (such as environmental allergies, sick building syndrome, multiple chemical.sensitivity syndrome or chronic toxic encephalopathy), chronic pain conditions (such as fibromyalgia, reflex sympathetic dystrophy or myofascial pain), carpal tunnel or repetitive motion syndrome, temporomandibular joint disorder, or craniomandibular joint disorder. However, Other Limited Conditions does not include neoplastic diseases, neurologic diseases, endocrine diseases, hematologic diseases, asthma, allergy-induced reactive lung disease, tumors, malignancies, or vascular malformations, demyelinating diseases, or lupus. Hospital means a legally operated .hospital providing full-time medical care and treatment under the direction of a full-time staff of licensed physicians. Rest homes, nursing homes, convalescent homes, homes for the aged, and facilities primarily affording custodial, educational, or rehabilitative care are not Hospitals. Printed 12/6799 -18-639022-B Rules For Disabilities Subject, To Limited Pay Periods - i, If you are Disabled as a result of a Mental Disorder or any Physical Disease or Injury for which payment of LTD Benefits is subject to a limited pay period, and at the same time are Disabled as a result of a Physical Disease, Injury, or Pregnancy that is not subject to such limitation, LTD Benefits will be payable first for conditions that are subject to the limitation. 2.No LTD Benefits will be payable after the end of the limited pay period, .unless on that date you continue to be Disabled as a result of a Physical Disease, Injury, or Pregnancy for which payment of LTD Benefits is not. limited. LT.LP. OT. 1 LIMITATIONS A. Care Of A Physlclan Bo You must be under the ongoing tare of a Physician in the appropriate specialty as determined by us during the Benefit Waiting Period. No LTD Benefits will be paid for any period of Disability when you are not under the ongoing care of a Physician in the appropriate specialty as determined by us.IReturn To Work Responsibility During the Own Occupation Period no LTD Benefits will be paid for any period of Disability when you are able to work in your Own Occupation and able to earn at least 20% of your Indexed Predisability Earnings, but you elect not to work. During the Any Occupation Period, no LTD Benefits will be paid for any I~eriod of Disability when you are able to work in Any Occupation and able to earn at least 20% of your Inde~xed Predisability Earnings, but elect not to work. C. Rehabilitation Program No LTD Benefits will be paid for any period of Disability when you are not parti~ipatlng in good faith in a plan, program or course of medical treatment or vocational training or education approved by us unless your Disability prevents you .from participating. D. Foreign Residency Eo Payment of LTD Benefits is limited to 12 months for each period of continuous Disabilitywhile you reside outside of the United States or Canada. Imprisonment No LTD Benefits will be paid for any period of Disability when you are confined for any reason in a penal or correctional institution. LT.LM.OT. 1 CLAIMS Filing A Claim Claims should be filed on our forms. If we do not provide our forms within 15 days after they are requested, you may submit your claim in a letter to us.The letter should include the date disability began, and the cause and nature of the disability. .... fOl~LOSS ’ ..-. , B. Time Limits On Filing Proo " : : -: ..... You must give us Proof Of Loss within 90 days after the end of the Benefit Waiting Period. If you cannot do so, you must give it to us as soon as reasonably possible, but not later than one year Printed 12/6/99 -19-639022-B after that 90-day period. If Proof Of Loss is filed outside these time limits, your claim will be denied. These limits will not apply while you lack legal capacity. Proof Of Loss Proof i)f Loss means writfen prOof that you are Dlsabled and entitled to LTD Benefits. Proof ~)f Loss must be provided at your expense. For claims of Disability due to ~onditions other than Mental Disorders, we may require proof of physical impairment that results from anatomical or physiological abnormalities which are demonstrable by medically acceptable clinical and laboratory diagnostic techniques. D, Documentation Completed Claims statements, a signed authorization for us to obtain information, and any other items we may reasonably require in support of a claim must be submitted at your expense. If the required documentation is not provided within 60 days after we mail our request, your claim may be denied. Eo Investigation Of Claim We may investigate your claim at any time. At our expense, we may have you examined at reasonable inte~-vals by ~peciallsts of our choice. We may deny or suspend LTD Benefits if you fail to attend an examination or cooperate with the examiner. F. Time Of Payment We will pay LTD Benefits within 60 days after you satisfy Proof Of Loss. LTD Benefits will be paid to you at the end of each month you qualify for them. LTD Benefits remaining unpaid at your death will be paid to the person(s) receiving the Survivors Benefit. ,If no Survivors Benefit is paid, the unpaid LTD Benefits will be paid to your estate. G. Notice Of Decision On Claim . You will receive a written decision on your claim within a reasonable time after we receive your claim. If you do not receive our decision within 90 days after we receive your claim, you will have an immediate right to request a review as if your claim had been denied. If we deny any part of your claim, you will receive a written notice of denial containing: 1. The reasons for our decision; Ho 2. Reference tothe parts of the Group Policy on which our decision is based; 3. A description of any additional information needed to support your claim; and 4. Information concerning your right to a review of our decision. Review ProcedUre If all or part of your claim is denied, you may request a review. You must request a review in writing within 60 days after receiving notice of the denial. You may send us written comments or other items to support your klaim, and may review any .non-privileged information that relates to yo.ur request for review. We will review your claim pr~n~ly"aft~ ~e receive your request. :’~’e will send you a notice of our decision within 60 days after we receive your request, or within 120 days if special circumstances Printed 12/6/99 -20-639022-B require an extension. of the Group Policy. We will state the reasons for our decision and refer you to the relevant parts Assignment The rights and benefits under the Group Policy are not assignable. ALLOCATION OF AUTHORITY Except for those functions which the Group Policy specifically reserves to the Policyowner or Employer, we have full and exclusive authority to control and manage the Group Policy, to administer claims, and to interpret the Group Policy and resolve all questions arising in the administration, interpretation, and application of the Group Policy. Our autho.rity includes, but is not limited to: 1. The right to resolve all matters when a review has been requested; 2. The right to establish and enforce rules and procedures for the administration of the Group . Policy and any claim under it; 3. The right to determine: a.Eligibility for insurance; b.Enti’flement to benefits;’ c.The amount of benefits payable; and d.The sufficiency and the amount of information we may reasonably require to determine a., b., or c., above. Subject to the review procedures of t~e Group Policy, any decision we make in the exercise of our authority is conclusive and binding. LT.AL.OT.I TIME LIMITS ON LEGAL ACTIONS No action at law or in equity may be brought until 60 days after you have giver~ us Proof Of Loss. such action may be brought more than three years after the earlier of: 1. The date we receive Proof Of Loss; and 2. The time within which Proof Of Loss is required to be given. LT.TL.OT, I INCONTESTABILITY PROVISIONS A. Incontestability Of Insurance .Any statement made to obtain insurance or to increase insurance is a representation and not a warranty. No mi.srepresenfation will be used to reduce or deny a claim or contest the validity of insurance unless; . .. ,. ...... 1. The insurance ~ould not have been approved if we had known the truth; and Printed 12/6/99 - 21 -639022-B City of Palo Alto EXHIBIT "C" Basic Life and AD&D Plan An active full-tlme or part-time employee or Council Member of the Employer regularly scheduled to work 20 hours perweek Benefit Formula Rounding Maximum Benefit Age Based Benefit Reduction Guarantee Issue Employer Contribution Minimum Participation 1 X Annual Earnings Up to next 81,000 8300,000 To 65% at age 70, To 50% at age 75 Full Benefit 100% 100% Rate: Per MonthlyMembersVolumeX$1,000 --Premium All Eligible Life 997 858,468,000 0.22 $12,863 AD&D 997 $58,468,000 0.03 $1,754 Total 814,617 60 day Notice of Rate Change. Three-year rate guarantee. Includes Accelerated Benefit. Waiver of Premium included. No termination at any age. Scheduled reductions do not apply. Continuity of Coverage is provided. Repatriation benefit included up to 85,000 or 10% of the Life benefit. Expanded AD&D benefit included. Page 2 The Standard Insurance Company 10051 -WD Rate and Plan Feature Pages CJty of Palo Alto o Repatriation up to 5,000 or 10% of the Life benefit. Page 3 The Standard Insurance Company Rate and Plan Feature Pages I0051-WD City of Palo Alto Additional Life Plan An active full-time or part-tlme employee or Council Member of the Employer regularly scheduled to work 20 hours per week Benefit Formula 1 X Annual Eamings Rounding Up to next $1,000 Maximum Benefit $300,000 Age Based Benefit Terminates at Age ,70Reduction Guarantee Issue Full Benefit Employer Contribution 0% Minimum Participation 25% Enrolled Rate: Per.MonthlyMembersVolumeX$1.000 =Premium Life 427 $24,855,000 0.30 $ 7,457 AD&D 427 $24,855,000 0.03 746 Total $ 8,203 Three year rate guarantee. 60 day Notice of Rate Change. Waiver of Premium included. No termination at any age. Scheduled reductions do not apply. Expanded AD&D included. Evidence required for enrolling more than 31 days after eligibility. A one-time open enrollment will be allowed on the effective date ofchange of carriers. Page 4 The Standard Insurance Company 10051 -WD Rate and Plan Feature Pages City of Palo Alto Rates assume 42% enrollment. Assumes census includes participants only. Page 5 The Standard Insurance Company Rate and Plan Feature Pages 10051-WD City of Palo Alto LTD Plan A An active full-time or part-time employee of the Employer other than a sworn member of the police or fire department covered under a Collective Bargaining Agreement working 20 hours per week. (Excludes Management and Confidential employees.) LTD Monthly Benefit 66 2/3% Insured Predisabflity Earnings $6,000 Maximum Monthly Benefit $4,000 Minimum Monthly Benefit $100 Benefit Waiting Period 60 Days Maximum Benefit Period To age 65 Own Occupation Period 24 Months Guarantee Issue (benefit)Full Benefit Employer Contribution 50% Minimum Participation 75% Rate: Percent of MonthlyMembers Volume X =Earnings_Premium 446 $1,764,317 1.35 $23,818 Three-year rate guarantee. 60 day Notice of Rate Change. The Standard pays employer’s portion of a claimant’s FICA and Medicare and prepares W-2’s. Reasonable Accommodation Expense Benefit up to $25,000. Partial disability always covered Consolidated management of LTD and Life Waiver of Premium claims Plan includes Lump Sum, Non-lntegrated Survivors Benefit Page 6 The Standard Insurance Company 10051 -WD Rate and Plan Feature Pages City of Palo Alto 24 month combined limitation for mental disorders, drug, alcohol, and subjective conditions. Includes Rehabilitation Plan provisions. Evidence required for enrolling more than 31 days after eligibility. Full Social Security offset. Social Security Normal Retirement Age Maximum Benefit Period. Includes conversion. 3/12 Preexisting Condition Exclusion. Assumes census includes participants. Rates assume 100% enrollment. Assumes group participates in Public Employee Retirement System. Employer must participate in a Workers’ Compensation Plan. Evidence required for enrolling more than 31 days after eligibility. Page 7 The Standard Insurance Company Rate and Plan Feature Pages 10051-WD City of Palo Alto LTD Plan B An active full-time or part-time employee of the Employer other than a sworn member of the police or fire department covered under a Collective Bargaining Agreement working 20 hours per week. (Excludes Management and Confidential employees.) Class 2 LTD Monthly Benefit 60% Insured Predisabflity Earnings $3,000 Maximum Monthly Benefit $1,800 Minimum Monthly Benefit $ i00 Benefit Waiting Period 60 Days 5 Year Sickness Maximum Benefit Period To Age 65 Accident Own Occupation Period 24 Months Guarantee Issue (benefit)Full Benefit Employer Contribution 50% Minimum Participation 75% Members 109 Volume 8323,917 X Rate: Percent of Earning~ 0.68 Monthly Premium $2,203 Three-year rate guarantee 60 day notice of rate change Page 8 The Standard Insurance Company Rate and Plan Feature Pages 10051 -WD City of Palo Alto The standard pays employer’s portion of a claimant’s FICA and Medicare and prepares W-2°s. Reasonable Accommodation Expense Benefit up to $25,000. Partial disability always covered Consolidated management of LTD and Life waiver of Premium claims Plan includes Lump Sum, Non-Integrated Survivors Benefit 24 month combined limitation for mental disorders, drug, alcohol, and subjective conditions. Includes Rehabilitation Plan provisions. Evidence required for enrolling more than 31 days after eligibility. Full Social Security offset. Includes conversion. 3/12 Preexisting Condition Exclusion. Assumes census includes participants and non-p.articipants. Rates assume 100% enrollment. Assumes group participates in Public Employee Retirement System. Employer must participate in a Workers’ Compensation Plan. Page 9 The Standard Insurance Company Rate and Plan Feature Pages 10051-WD City of Palo Alto LTD Plan C An active full-time or part-time employee of the Employer other than a swom member of the police or fire department covered under a Collective Bargaining Agreement working 20 hours per week Class 1 Management or Confidential Employees with predisabflity earnings of less than $6,000 or not enrolled in Contributory Plan Class 2 Management or Confidential Employees enrolled in LTD plan with $6,000 or more of predisability earnings LTD Monthly Benefit Insured Predisability Earnings Maximum Monthly Benefit Minimum Monthly Benefit Benefit Waiting Period Maximum Benefit Period Own Occupation Period Guarantee Issue (benefit) Employer Contribution Minimum Participation Class 1 66 2/3% S6,OOO 84,000 Szoo 60 Days To age 65 24 Months Full Benefit 100% 100% Class 2 66 2/3% 89,00 86,000 $1oo 60 Days To age 65 24 Months Full Benefit 6O% 75% $I 0,000 Benefit may be offered for the same rate as shown below. (66 2/3%-of $i 5,GO0} Rate: Percent of MonthlyMembers. Volume X =Earnings Premium 223 $1,473,709 0.79 $I 1,642 Three-year rate guarantee. 60 day Notice of Rate Change Page lO The Standard Insurance Company Rate and Plan Feature Pages 10051 -WD City of Palo Alto .The Standard pays employer’s portion of a claimant’s FICA and Medicare and prepares W-2’s. ¯Reasonable Accommodation Expense Benefit up to $25,000. .Partial disability always covered ,Consolidated management of LTD and Life waiver of Premium claims o Plan includes Lump Sum, Non-Integrated Survivors Benefit ¯Includes Rehabilitation Plan provisions. ¯For class 2 Evidence required for enrolling more than 31 days after eligibility. ¯For class 2 evidence required for members eligible but not enrolled. ¯24 month combined limitation for mental disorders, drug, alcohol, and subjective conditions. ¯Includes Rehabilitation Plan provisions. ¯Full Social Security offset. ~Social Security Normal Retirement Age Maximum Benefit Period. ¯Includes conversion. .3/12 Preexisting Condition Exclusion. ¯Assumes group participates in Public Employee Retirement System. ¯Employer must participate in a Workers’ Compensation Plan. Page 11 The Standard Insurance Company 10051 -WD Rate and Plan Feature Pages EXHIBIT "D" PART err FORM 410 PROJECT TITLE: Long Term Disability Administration Certification of Nondiscrimination: As suppliers of goods or services to the City of Palo Alto, the finn and individuals listed below certify that they do not discriminate in employment with regards to age, race, color, religion, sex, national origin, ancesu-y, disabilky, or sexual preference; that they are in compliance with all Federal, State and local directives and executive orders regarding nondiscrimination in employment. Firm: The Standard DATE: October 21, 1999 Signature % ~~. R_FP NO. 119602 PART [[I Page 9 of 11 PART ]II EXHIBIT ~’ "E"¯ ..FORM 650 Insurance Requirements for Contractor/Consultant CONTRACTOR:Standard Insurance Company Leon~dZuc~rPROI~CT MANAGER: CONTRACT NAME:Lo.ng Term Disability Administration GENERAL TERMS AND INSTRUCTIONS THIS INSTRUCTION $HE~’T SHOULD BE GIVEN TO YOUR INSURANCE AGENT/BROKER., THE CONSULTANT,’CONTRACrOR RETAI~I-~,’AT THEIR SOLE E(PENSF- SHALL OBTAIN AND MAINTAIN INSURANCE FOR THE TERM OF THE CONTRACT. CONTRACTORS WILL BE R~QUIR~D TO PROVmE A cmrn~cAr£ mnD~NCING T~E INSUR~NCa AND NAMmG THE CITY AS AN ADDITIONAL ]INSURED. ALL INSURANCE covr~AG~. R~QUIR~D SHALL B~- PROVIDED THROUGH CARRIERS WITH A BEST RATING OF A:X OR HIGHER THAT ARE ADMIITED TO DO BUSINESS ~N THE STATE OF CALIFORNIA. ~ C~RTIHCAT£ OF INSURANCE MUST BE COMPLEI~D AND EXECUTED BY AN AU’I~IORIZED REPK~TrA~£ OP TH~ COMPANY PROVIDING INSURANCE. FILED wrfH THE CITY, AND APPROVED BY THE CITY BHFORB CONTRACT WILL BE CON$1D~RBD COMPLETE AS RSSPSL-fS INSURANCF_ REZIIRN THE COMP~ CERTIFICATE TO THE CITY OF PALO ALTO, PURCHASING & CONTRACT ADMINISTRATION, 250 HAMILTON AVENUE, PALO ALTO 94301. TIlE INSURANCE REQIBRE/vfENTS CHECKED BELOW ARE REQIBRED. TYPe: O~ COV]~RAG~,R~.. t~[R~,~MhW~" .....,LOH(] ~=O~M (Minimum L]m~s) WorkerCs Compe.~afion Automobile Liability Compr~hensiv~ General Liabilit~ INCLUDING: ¯NON-OWNED Professional Li~bKity: ]I~CLUD]I%TG: ¯ ERRORS AND OMISSIONS ¯ MALPRACTICE (IfAlrpltc~ble) DAMAGE COMBEIED THE CITY OF PALO ALTO IS TO BE NAM[ED AS AN ADDITIONAL INSURED $1,000,o00 $1,000,000 RFP NO. 119602 PART lII Page 12 of 11 PART Ill FORM 650 Bo C. D. E. The City of Palo Alto, its officers, agents and employees are named as additional insured, but only as to work performed under contract. Said coverage as to the City of Palo Alto, etc., shall be primary coverage, wkhout ol~et against City’s existing insurance and any other insurance carried by the CitT being excess insurance only. Where the work involves excavating, collapse coverage is provided in the amounts above. _The policy includes a "Severability of Interest" provision. Deductibles over .$5,000 must be indicated and are subj~ to approval. If such policies ar~ canceled or changed during the period of coverage as sta~] herein, in such a manner as to affect the Certificate, thirty (30) days wrk~n notice will be mailed to the City of Palo Alto, Contract Administration, P.O. Box 102.50, 94303 The liability insurance policy includes a conwacmal liability endorseraem provMing insurmce coverage for Conwactor’s agreement to indemnify ~he City. The coverage afforded under the policies is subject to all terms of the policies desi~ated herein and meets all of the provisions called for herein. DATE:CONTRACT. ADMINISTRATOR:Baldernar J. Troche, Contract Manager (650) 329-2162 The Standard is self insured for professional, errors and omissions liability. We have directors and officers insurance of $15 million and product liability insurance of $21 million. Plaase see attached policy RFPNO. 119602 PARTK[ Page 13 ofll Portland. OR 97201 Daniel j. Sloan INSURED StanCorp Financial G~oup, Inc. P.O. Box 711 Portland, Oregon 97207-1093 (503) 248-1207 CERTIFICATE NUMBER 0016001-00198 THIS C~H/iPiCATE IS ISSUED AS A MATrER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER OTHER THAN THOSE PROVIDED IN THE POUCY. THIS CERTIFICATE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POUCIES DESCRIBED HEREIN. COMPANIES AFFORDING COVERAGE COMPANY A AMERICAN MOTORISTS INS CO COMPANY B COMPANY c COMPANY D THIS IS TO CERTIFY THAT POLICIES OF INSURANCE DESCRIBED HEREIN HAVE BEEN ISSUED TO THE INSURED NAMED HEREIN FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THE CERTIFICATE MAY OFBE ISSUED SUCH POLICIES. OR MAY PERTAIN, LIMITS SHOWN THE INSURANCE MAY HAVE AFFORDED BEEN REDUCED BY THE BY PAID POLICIES CLAIMS. DESCRIBED HEREIN IS SUBJECT TO ALL THE TERMS, CONDITIONS AND EXCLUSIONS COLTR A TYPE OF INSURANCE GENERAL UABIUTY~COMMERCIAL GENERAL LIABILITY OWNER’S & CONTRACTOR’S PROT AUTOMOBILE UABIUTY ANY AUTO ! ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON-OWNED AUTOS GARAGE UABIUTY ANY AUTO EXCESS UABIUTY ~UMBREL~ FORM OTHER THAN UMBRELLA FORM WORKER’S COMPENSATION AND EMPLOYERS’ UABIMTY THE PROPRIETOR/F’--’--] INCLPARTNERS/EXECUTIVEOFFICERS ARE:I ! EXCLOTHER POUCY NUMBER 3AB 03955305 F3H 011 917 02 DESCRIPTION OF OPERATIONS / LOCATIONS / VEHICLES / SPECIAL ITEMSFor Informational Use only. POUCY EFFEC3’IVE DATE (MM/DDiYY) 6/30/99 6/30/99 POUCY EXPIRATION DATE IMM/DD/Yy) 7/01/00 7/01/00 UMITS GENERAL AGGREGATE PRODUCTS - COMP/OP AGG PERSONAL & ADV INJURY EACH OCCURRENCE FIRE DAMAGE {Any one fire) MED EXP (Any one person) COMBINED SINGLE UMIT BODILY INJURY(Per person~ BODILY INJURY(Per accidentl PROPERTY DAMAGE AUTO ONLY - EA ACCIDENT OTHER THAN AUTO ONLY: EACH ACCIDENT AGGREGATE EACH OCCURRENCE AGGREGATE TORY UMITSI EL EACH ACCIDENT "EL DISEASE. POUCY LIMIT EL DISEASE - EA EMPLOYEE =3,000,000 =I. 000,000 ~I. 000.000 ~I. 000.000 *500,000 ’1 O, 000 i, 000,000 ~ : (* 10 DAYS FOR NON-PAYMENT) SHOULD ANY OF THE POLICIES DESCRIBED HEREIN BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE INSURER AFFORDING COVERAGE WILL ENDEAVOR TO MAIL 30___~~ DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED HEREIN, BUT FAILURE TO MAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION OR LIABtLI’P( OF ANY KIND UPON THE INSURER AFFORDING COVERAGE, ITS AGENTS OR REPRESENTATIVES.’"’.. Marsh USA Inc." BY: STATE OF CALI~OI~NIA DEPARTMENT OF INSURANCE S~N F~LNCESCO Cerd icate Authority Tx-~s Is ro C~tT"~, That, pursuant to the Insurance Code of the State o[ Cali[ornia, STANDARD INSURANCE COMPAN~ of POR~ID, OREGON , organized under the laws of OREGON , subject to its Articles of Incorporation or other fundamental organizational documents, is hereby authorized to transact within this State, sub~ect to all provisions of Ibis Certificate, the followi,g classes o[ insurance: LIFE AND DISABILITf as such classes are now or may herea[ter be defined in the Inmrance Laws of the State of California. THxs C~caa-~ is expressly conditioned, up~ the holder hereof n~u and hereafter b~ing in full comfliance with all, and not in violati~ of any, of the applicable laws and law[ul requirements made under aulh~ity of the laws of ~he S~a~e of California ~ lo~g as such laws or req~drements are in effect and applicable, and ~ such laws and requirements now are, or may h~eafger be changed or amended. I~ WIx~Ess W~o~, effective as o[ the ...... ~.~ ...... day of ..............~_~. ........................, I95~. , I have bereut~to set my band and caused my o~cld seal to be a~xed this day AUG 2 7 1956of .............................................................Iy ......... I nsurance Coat,missioner Dr~.~y