Your plan under ONE-T uses a rate table, meaning individual premiums will vary based on age, gender and smoking status. This is a common approach used by the vast majority of benefits plans today, to make sure individual premiums accurately reflect the level of risk being taken.

You can end your Optional Life insurance at any time by contacting Cowan. However, Cowan can only process the termination as of the 1^st of the following month; it can’t be done retroactively. For example, if it is November 15, 2021, and you contact Cowan on that date, then they will ensure the termination of your Optional Life insurance is processed for December 1, 2021.