Changes

All AD&D coverage ceases at retirement.

All AD&D coverage ceases at retirement.

An employee may assign coverage to a third party, only notification is required.

An employee may assign coverage (except under Option C) to a third party, only notification is required.

At death, benefits are paid as follows:

At death, benefits are paid as follows:

*If coverage was assigned (except Option C coverage cannot be assigned), to the beneficiary(ies) designated by the assignee(s), or if none to the assignee(s) directly.

*If coverage was assigned, to the beneficiary(ies) designated by the assignee(s), or if none to the assignee(s) directly.

*If not assigned, under the terms of any court order designating payment.

*If not assigned, under the terms of any court order designating payment.

*If not assigned and no court order, to the beneficiary(ies) designated by the insured.

*If not assigned and no court order, to the beneficiary(ies) designated by the insured.

**To the next of kin as determined under the laws of the state where the insured lived.

**To the next of kin as determined under the laws of the state where the insured lived.

Under Option C, benefits are paid to the insured, but if the insured dies before benefits are paid, they are paid to those who may receive benefits under the insured's Basic coverage (excluding any beneficiary(ies) made invalid by any assignment, as Option C coverage cannot be assigned).

Under Option C, benefits are paid to the insured, but if the insured dies before benefits are paid, they are paid to those who may receive benefits under the insured's Basic coverage (excluding any beneficiary(ies) from an assignee since Option C coverage cannot be assigned).

==Notes==

==Notes==