Lie f EMPLOYEE BENEFITS. A product of Southern National Life Insurance Company, Inc.

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1 Lie f EMPLOYEE BENEFITS A product of Southern National Life Insurance Company, Inc. 31SN /11 Southern National Life is an independent licensee of the Blue Cross and Blue Shield Association.

2 PROTECTING DREAMS FOR THE FUTURE TODAY Southern National Life provides Louisiana employers of all sizes a full suite of employee benefits that are among the best in the market today. We work with employers to develop complete and competitive benefit packages that provide employees protection for many unexpected events. Lie f Disability DENTAL MEDICAL WELLNESS HSA/FSA Bundle up & save We know how important the right benefit package can be to recruiting and retaining quality employees. That s why we offer the Blue Bundle. Employers have the option to bundle employee benefits with affordable, high-quality health and wellness benefits. With one team to administer all their benefits, employers save time, and time is money. COMPANY. SOURCE. ONE BILL.

3 Lie f Whether your company has two employees or 10,000, we have plans that fit. Life insurance is something that no one likes to think about. All the same, 86 percent of Americans believe that life insurance is something most people need, and most of us have some. 1 That s the good news. The bad news is that most Americans don t have enough. More than a third don t have any life insurance at all, and those who are insured have coverage equal to less than four times their annual income. 2 Most experts believe that coverage equal to 10 times one s annual income is a more reasonable rule of thumb. Basic Group Term Life/AD&D Employee and dependent life coverage paid for by the employer. Did you know Strong life insurance coverage is essential to creating a robust and competitive benefit package for your employees. Life insurance offers your employees and their families a safeguard from many unexpected expenses if something should happen to them. Employers can offer this high-value benefit at a great price; and, employer-funded plans generally count as a business deduction for employers. VOLUNTARY TERM LIFE/AD&D Optional employee and dependent life coverage paid for by the employee through the convenience of payroll deduction. Did you know Voluntary plans offer extra value to employees at no added cost to the employer s company. Premiums are payroll-deducted, which means benefits are convenient for employees and economical for employers. Voluntary Term Life insurance is a way to provide the same protection as our Basic Group Term Life in a way that is cost-effective to both employers and their employees. Employers can offer Voluntary Term Life coverage with any Basic Life plan or as a stand-alone plan. This option allows employees to purchase additional coverage above what an employer may offer with our Basic Life insurance. This helps provide financial stability and would protect employees families from some unexpected expenses, if something were to happen to them. Voluntary high-limit AD&D Accidental Death & Dismemberment (AD&D) coverage provides protection for accidents. Why add Voluntary High-Limit AD&D? It s a fact of life accidents happen. By choosing Voluntary High-Limit Accidental Death & Dismemberment (AD&D) coverage, employees can give themselves and their family members 24-hour protection in case of accidental loss of life, limb, hearing or sight. We offer Voluntary AD&D coverage to employers and their employees at low, affordable rates. This option can also be offered with any group life insurance coverage or as a stand-alone plan. Just like with our Voluntary Life coverage, premiums are paid for by the employee through payroll deduction. This plan requires no underwriting and it s all guaranteed issue! 1 LIMRA and LIFE Foundation 2011 Insurance Barometer Study 2 LIMRA International, Trends in Life Insuarnce Ownership, 2011

4 Basic Group Term Life Choice of Coverage Rates Employers with 2-9 Eligible Employees Maximum Benefit - Up to $45,000 Minimum Benefit - Up to $10,000 Choose between a flat benefit option or salary-based benefits DEPENDENT LIFE Spouse: $5,000; Child: 14 days old to age 26, $2,500 Spouse: $10,000; Child: 14 days old to age 26, $5,000 Spouse and children coverage is guaranteed issue Age-based Employers with 10 or More Eligible Employees Maximum Benefit - Up to $700,000 Minimum Benefit - Up to $10,000 Choose between a flat benefit option or salary-based benefits DEPENDENT LIFE Spouse: $5,000; Child: 14 days old to age 26, $2,500 Spouse: $10,000; Child: 14 days old to age 26, $5,000 Spouse and children coverage is guaranteed issue Composite Multi-year rate guarantees Guaranteed Issue Up to $45,000 Up to $500,000 Contributions/ Participation Non-Contributory: 100% employer contributions of premiums 100% participation Non-Contributory: 100% employer contributions of premiums 100% participation Contributory: Minimum employer contribution of 25% Requires 75% participation AD&D Living Benefits- Accelerated Death Disability Premium Waiver Conversion Privilege Accident Benefit equal to the amount of basic life for accidents resulting in loss of life, limbs, hearing or sight. Seat Belt Benefit pays an additional 10 percent of the principal sum amount to a maximum of $10,000. Air Bag Benefit pays an additional 5 percent of the principal sum amount to a maximum of $5,000, if seat belt is also used. Exposure and disappearance benefit allows covered benefits to be paid within 12 months of disappearance, if due to a forced landing, stranding, sinking or wrecking of a conveyance. Option for terminally ill employees to receive up to 50 percent of their basic life insurance benefit up to $125,000 while they are still living, if they are given a terminal diagnosis of 12 months or less. Employees or their dependents may continue coverage without paying their premium if the employee becomes disabled prior to age 60. Coverage ceases when the employee is no longer disabled or reaches the Social Security normal retirement age. Employees and their dependents may apply to convert part or all of their group insurance to an individual policy, if they terminate or are no longer eligible for coverage. Employees must apply within 31 days of termination or from the date they are no longer in an eligible class.

5 voluntary Term Life Lie f Employers with 10 or More Eligible Employees Choice of Coverage Rates Guaranteed Issue Enrollment Portability AD&D Living Benefits- Accelerated Death Disability Premium Waiver Conversion Privilege Choose between incremental, flat or salary-based benefit options Maximum benefit Up to $500,000, not to exceed five times salary Spouse coverage Up to 50 percent of employee benefit with up to a guarantee issue of $50,000 and a benefit maximum of $250,000 Dependent children coverage Up to $10,000 benefits Age-based Preferred, Standard and Non-Standard based on Standard Industrial Classification (SIC) Guaranteed issue is available for all active, full-time employees. Evidence of insurability is required for amounts above the guaranteed issue. Greater of 10 enrolled or 25% participation required. schedule participation Eligible Lives 15-24% 25-34% 35-39% 50% or more $30,000 $30, $50,000 $50,000 $100, $30,000 $50,000 $50,000 $100, $30,000 $80,000 $100,000 $100, $30,000 $100,000 $100,000 $100, $30,000 $100,000 $100,000 $200, $30,000 $125,000 $125,000 $200, $30,000 $130,000 $130,000 $300,000 Pre-filled employee applications and summary benefit descriptions are available to assist with enrollment meetings for groups with 50 or more eligible lives. Participation can be modified when a mandatory employee meeting is scheduled with one of our representatives. Employees have the option to continue a portion or all of their voluntary coverage when they leave employment for any reason other than retirement, sickness or injury. Employees must apply within 31 days of termination or from the date they are no longer in an eligible class. Accident benefits are equal to the amount of the voluntary life benefits for accidents resulting in loss of life, limbs, hearing or sight. Seat Belt benefit pays an additional 10 percent of the principal sum amount to a maximum of $10,000. Air Bag benefit pays an additional 5 percent of the principal sum amount to a maximum of $5,000, if seat belt is also used. Exposure and disappearance benefit allows covered benefits to be paid within 12 months of disappearance, if due to a forced landing, stranding, sinking or wrecking of a conveyance. Option for terminally ill employees to receive up to 50 percent of their voluntary life insurance benefit up to $125,000 while they are still living, if they are given a terminal diagnosis of 12 months or less. Employees or their dependents may continue coverage without paying premium if the employee becomes disabled prior to age 60. Coverage ceases when the employee is no longer disabled or reaches the Social Security normal retirement age. Employees and their dependents may apply to convert part or all of their voluntary group insurance to an individual policy, if they terminate or are no longer eligible for coverage. Employees must apply within 31 days of termination or from the date they are no longer in an eligible class.

6 voluntary high-limit ad&d Employers with 10 or More Eligible Employees Choice of Coverage Minimum Benefit $50,000 Maximum Benefit Up to $250,000, not to exceed 10 times salary Rates Employee only Employee and family Participation Participation must be the greater of 15 percent of eligible employees or 10 lives. Sample benefit summary COVERAGE (for covered employees) Loss of Life... Loss of Two or More Members*... Loss of One Member... Loss of Thumb & Index Finger of Same Hand... principal sum principal sum 1/2 the principal sum 1/4 the principal sum * Member means hand, foot or eye BENEFIT MAXIMUMS Employee... Up to $250,000 Spouse... 60% of Employee principal sum up to $125,000 Child(ren)... 10% of Employee principal sum up to $25, % BENEFIT REDUCTIONS (beginning at age 70) % % 85 and over... 85% Employee benefits terminate at retirement Spouse benefits terminate at age 70

7 SIMPLE FROM START TO FINISH Lie f General Conditions for All Life Products For consistency and accuracy, when adding life or disability benefits to existing medical insurance with a first-of-the-month billing date, the new benefits will have a first-of-the-month effective date. The same applies for groups with a 15th-of-the-month billing date. Eligibility for actively at work, full-time employees requires a minimum of 30 hours per week for our medical, life, disability and other ancillary products. Waiting periods are allowed to vary by product within a single group. Employers have the option to tie their life and/or disability coverage to their medical coverage. Evidence of insurability is required for amounts above the guaranteed issue. online tools Administrative forms and guides eenrollment ebill

8 Alexandria Coliseum Blvd., Suite A Alexandria, LA Baton Rouge Reitz Ave. Baton Rouge, LA Lafayette Johnston St., Suite 200 Lafayette, LA Lake Charles West Prien Lake Road Lake Charles, LA New Orleans North Causeway Blvd., Suite 600 Metairie, LA Shreveport Ashley Ridge Blvd. Shreveport, LA This brochure is presented for general information only. It is not a contract, nor intended to be a contract. If there is any discrepancy between this document and the appropriate policy(ies), the provisions of appropriate policy(ies) will govern: 31SN /12; 31SN /12; 31SN /12; 28XX1373 R01/12.