If you and your spouse are both federal employees and apply separately for employee coverage, neither may take out supplemental spouse coverage on the other and only one parent may insure each dependent child. If you are presently insured under another life insurance plan with Compass Rose Benefits Group, the combined maximum for automatic supplemental spouse coverage is $10,000 and the combined maximum for automatic dependent coverage is $20,000 per child.
1 New York, NY 10010 on policy form GMR-ER-P. New York Life is licensed/authorized to transact business in the 50 United States, District of Columbia and Puerto Rico. New York Life's state of domicile is New York and NAIC ID#66915.
2 2018 Insurance Barometer Study, Life Happens and LIMRA