It’s Good to Have a Plan – Annual Enrollment Information from Portico

Greetings from Portico!

You recognize the importance of protecting those you care about, as you already supplement the basic group life insurance provided by your ELCA benefits.^* Should your loved ones need help meeting their financial goals, the supplemental coverage you’ve purchased will be there, even if you’re not.

During Annual Enrollment, we invite you to take stock of your benefits and make choices to support your well-being in the year ahead. It’s the easiest time of year to boost your life insurance protection. When you go online to select 2016 ELCA benefits, you’ll have the opportunity to:

  • Increase your coverage — *If you’re not already purchasing the maximum amount, simply complete an Evidence of Insurability (EOI) application for yourself or spouse, and you’ll be contacted if more
    information is needed. Even easier, no EOI is required to increase coverage for children.
  • Review your 2016 premiums — *Rates are set according to five-year age bands.**Will you**or your spouse**be age 25, 30, 40, 45, 50, 55, 60, 65, or 70 on Jan. 1? If so, you’ll see an increase in your premiums for 2016.

The opportunity to purchase term life insurance through Portico reflects our mission to help you serve with greater financial confidence and peace of mind. With that aim, we’ve recently transitioned underwriting for our basic, supplemental, and dependent life insurance from Minnesota Life to Securian Life, both affiliates of Securian Financial Group, to better serve members in all states. Your coverage continues to deliver negotiated ELCA group rates and includes a matching amount of accidental death & dismemberment (AD&D) protection.

Click here to learn more


*Stacy A. Kruse*
Chief Operating and Financial Officer
Portico Benefit Services

*Have any questions?*
Contact Portico Customer Care

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*Basic group life insurance benefit, provided by your sponsoring employer at no cost to you, is two times your annual defined compensation with a minimum benefit of $6,000, and a maximum of $50,000;
if you’re still sponsored at age 70-74, the benefit is 50% of that amount; if you’re still sponsored at age 75+, the benefit is 25% of that amount.

© Portico Benefit Services 800 Marquette Avenue, Minneapolis MN 55402-2892. All rights reserved.

Please visit to learn more about Portico Benefit Services.