Evidence of Insurability (EOI)
Key Things to Know:
for Plan Year FY2015
- Applying through EOI does not guarantee that coverage will be approved.
- Coverage that requires EOI:
- Optional Term Life Insurance enrollment and benefit increases
- Dependent Term Life Insurance enrollment
- Short-term Disability enrollment
- Long-term Disability enrollment
- Coverage that does NOT require EOI:
- HealthSelect of Texas enrollment
- Waive health insurance and selecting the Opt-Out Credit option
- Dental enrollment and changes
- Voluntary Accidental Death and Dismemberment (AD&D) Insurance enrollment and changes
- Decrease or drop coverage
What is the EOI Process?
- EOI process can only be initiated online
- Paper applications are no longer accepted
- Minnesota Life Insurance will be the underwriter for ALL EOI requests
- When you elect coverage that requires EOI you will receive a pop up EOI message directing you to click the Initiate the EOI Online Request link at the top of the page
- Once the Initiate EOI Online Request link is clicked, you select the coverage you want to enroll in, then you choose how you want to receive information from Minnesota Life.
- Email or U.S. Mail:
- If your email address is in ERS OnLine, you will receive an email from Minnesota Life with log in instructions and a link to their website to complete the online EOI application.
- If your email address is not in ERS OnLine, you will receive a letter with instructions for accessing the online application on Minnesota Life’s website, as well as a pre-populated paper application.
- Email or U.S. Mail:
- You complete and submit either the online or the paper EOI application.
- If you complete the online application, you receive an immediate response of being approved or further underwriting required.
- If you complete a paper application, you mail or fax it to Minnesota Life, using the address or fax number on the application. You will then receive a response within two weeks of being approved or further underwriting required.
- Members will be required to pay for any costs associated with producing the required documents to support the claim including provider charges for medical records.
- ERS receives the EOI approvals and enrolls employee and any dependents in EOI approved coverage.
- Employee approvals prior to 9/1/14, become effective 9/1/14. Coverage approved after 9/1/14, becomes effective the 1st day of the following month.