Coverage Changes You Can Make at Any Time

Citi Benefits Handbook

You can enroll in, cancel or change the following coverage at any time.

Long-Term Disability (LTD)

You may enroll in LTD coverage at any time. However, you must provide evidence of insurability except when you enroll as a result of certain qualified changes in status.

The LTD portion of the Disability Plan will not cover any total disability caused by, contributed to or resulting from a pre-existing condition until you have been enrolled in the Disability Plan for 12 consecutive months. A pre-existing condition is an injury, sickness or pregnancy for which — in the three months prior to the effective date of coverage — you received medical treatment, consultation, care or services; took prescription medications or had medications prescribed; or had symptoms that would cause a reasonably prudent person to seek diagnosis, care or treatment.

Group Universal Life (GUL) Insurance

You may enroll in GUL coverage at any time. GUL coverage is administered by MetLife. MetLife does not require evidence of insurability to enroll:

When first eligible (as a new hire or newly eligible for Citi Benefits) if enrolling for up to three times the amount of your benefits eligible pay, not to exceed $500,000, and the total is less than $1.5 million; or

For one times your benefits eligible pay, not to exceed $500,000, as a result of losing Basic Life coverage because your benefits eligible pay has increased to $200,000 or above and certain other qualified changes in status.

However, MetLife will require evidence of insurability if you want:

To enroll at any other time;

To enroll for an amount greater than three times your benefits eligible pay, not to exceed $500,000 or $1.5 million; or

To increase the amount of your current coverage.

You must be actively at work before coverage will be effective.

Supplemental Accidental Death and Dismemberment (AD&D) Insurance

You may enroll for Supplemental AD&D coverage at any time. Enrollment in this coverage does not require evidence of good health.

You must be actively at work before coverage will be effective.

Health Savings Account (HSA)

You must be enrolled in the High Deductible Plan with HSA option under the medical plan to be eligible to establish an HSA. You can stop or change your HSA contributions (within the contribution limits) at any time.

Transportation Reimbursement Incentive Program

You can enroll to purchase a transit and/or parking pass online at any time. Enrollments/changes must be received by the tenth of the month (for LIRR and MNR commuters, no later than the 4th of any month) to be applied to the following benefit month. For example, changes must be completed by 12/10 in order to be applied in January.