Benefits Basics
Cincinnati Life is the only carrier
EasySend Production Application Link
Copy and Paste "Legacy Employer Solutions PEO" into Employer field on first page.
Please keep in mind that most EE's from Legacy are 24 or 48 pay. The rate tables are not going to give you those rates. Please use the Weekly rate, multiply by 12, then divide by 24 o 48 to get the correct rate.
Highlights
CinFin offers three comprehensive options:
"IF”: Term Life insurance provides guaranteed protection for a specified time period and pays a benefit if you die in this period of time.
“WHEN” Whole life insurance is permanent life insurance and costs more than term because the policy is designed to cover you for your whole life.
”THEN”ー Return on Premium life insurance with a money-back guarantee after the 20 years.
Employee Guarantee – any combination of WL/Term/Term ROP.
Ages 18 – 50 = $100,000 / Ages 51 – 60 = $75,000/ Ages 61 – 70 = $25,000
Spouse Guarantee Must work outside the home 20 hours or more per week
Ages 18 – 60 = $15,000 WL Products Only / Ages 18 – 60 = $25,000 WL/Term/Term ROP with stipulation that employee purchased on self.
Ages 61 – 70 = Simplified Issue
Dependent Children Guarantee
Ages 15 days – 17 years = $10,000 WL Products Only
Ages 18-25 = $10,000 WL Products or $25,000 of Term/Term ROP.**
**Choose one of these options for Guaranteed Issue
Must be Full-time Students, unmarried, and not in the military.
Grandchildren
Ages 15 days -18 years = Simplified Issue Whole Life Products Only
Legacy for August 1, 2022
Legacy for September 1, 2022
https://docs.google.com/spreadsheets/d/149rPJNyr9WufM_EIkRx22lYvol6s2F6Z/edit#gid=2096479165
Legacy for October 1, 2022