Voluntary Benefits

Additional voluntary benefits available

Periodically, you may have the opportunity to purchase other benefits through payroll deduction. This employee-paid coverage is offered to you at group rates. If you purchase these policies, you can pay your premiums through convenient payroll deductions. J M Smith Corporation makes available the following voluntary benefits offered by TransAmerica Corporation and Allstate Insurance companies.

Permanent Life Insurance

This Universal life plan can be purchased for yourself, Spouse, Children and Grandchildren under the age of 26.

Death benefits remain the same as you get older. Policy also builds cash values, which gives you future options to cash in policy, borrow against cash values or convert to reduced paid up coverage.

The type of policy is purchased mostly for final expenses or when you need coverage to last a lifetime.

Policy is totally portable when you retire or change jobs at same cost.

Cancer Insurance

Cancer policies pay benefits directly to you and in addition to all other coverage. Most families experience a huge financial loss when confronted with the out of pocket cost associated with the high cost of medical and non-medical expenses associated with the cure and treatment of cancer. These benefits are indeminity benefits based on a pre-defined schedule as outlined in your policy.

Coverage is available for spouse and children.

Policy is totally portable when you retire or change jobs at same cost.

This plan also includes a wellness benefit payable each year.

Accident Insurance

This policy covers you 24 hours a day seven days a week and pays benefits directly to you in addition to all other coverage.

Coverage is available for spouse and children.

Policy is totally portable when you retire or change jobs at same cost.

This plan also includes a wellness benefit payable each year.

Voluntary benefits are only available during the annual Open Enrollment period. New employees employed during the current year may enroll in voluntary benefits during the Open Enrollment period for the next calendar year.

Dropping my Voluntary Benefits during the year

Voluntary Life coverage may be dropped at any time during the year. However, Cancer and AD & D coverage may only be dropped during open enrollment or when you have a qualifying event that would allow you to change your medical or dental insurance.

Designating my beneficiaries

Each provider of voluntary benefits has their own requirements for designating a beneficiary. Contact Johnny Huneycutt for specific information and any required forms if you do not have them.

Voluntary Benefit Forms

ALLSTATE CANCER

Crerate Online Profile for Allstate Wellness Claims
and Filing ONLINE Claims

ALLSTATE CANCER

TRANSAMERICA ACCIDENT

TRANSAMERICA LIFE

Other Resources

Johnny Huneycutt
huneybears@carolina.rr.com
704.562-3287