Message-ID: <15041027.1075841434589.JavaMail.evans@thyme> Date: Tue, 15 Jan 2002 13:23:35 -0800 (PST) From: amy.fitzpatrick@enron.com To: m..presto@enron.com Subject: FW: Optional Life Insurance Question Cc: jeanie.slone@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: jeanie.slone@enron.com X-From: Fitzpatrick, Amy X-To: Presto, Kevin M. X-cc: Slone, Jeanie X-bcc: X-Folder: \ExMerge - Presto, Kevin M.\Deleted Items X-Origin: PRESTO-K X-FileName: kevin presto 2-7-02.pst Kevin - Please see notes below regarding your life insurance. I will be forwarding you the converstion form in a separate e-mail. Amy -----Original Message----- From: Jarrett, Anthony Sent: Tuesday, January 15, 2002 3:08 PM To: Fitzpatrick, Amy Cc: Davies, Neil; 'Vincent.Raimondi@ubsw.com' Subject: RE: Optional Life Insurance Question Amy, since the Netco employee's would be terminating off of Enron's Payroll they would still have access to converting the current life insurance coverages with Enron over to an individual policy with Metlife as long as they complete the conversion form within 31 days of losing their coverage. They would then have to pay for this expense out of pocket. Thanks, Tony -----Original Message----- From: Vincent.Raimondi@ubsw.com [mailto:Vincent.Raimondi@ubsw.com] Sent: Tuesday, January 15, 2002 3:02 PM To: Jarrett, Anthony Cc: Fitzpatrick, Amy; Davies, Neil Subject: Re: Optional Life Insurance Question Hi Tony...... Unfortunately, I dont think so, since the employees are not transferring. They are considered to be new hires. As a result, the carrier will request their usual EOI requirements. They typically require a blood sample and urine sample. Pending the results of those tests, they may request a physical. Thanks Tony. Vince ______________________________ Reply Separator _________________________________ Subject: Optional Life Insurance Question Author: Anthony\.Jarrett (Anthony.Jarrett@ENRON.com) at unix/o2=mime Date: 1/15/02 2:38 PM Vince, we have a question from one of our employees that has an optional life in surance policy for $1,064,000.00. The employee currently has a base pay of $185 ,004.00. A clause in the UBS Optional Life Insurance policy states "evidence o f insurability is required for coverage of over 3 times your base salary or $700 ,000, whichever is less." What will this employee need to keep their coverage at approximately the same level during the transition to UBS? Would a confirmat ion statement from Enron for 2002 Open Enrollment elections suffice as "evidenceof insurability"? Thanks, Tony Jarrett Enron Benefits (713) 853-7829 E-mail: anthony.jarrett@enron.com ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and maycontain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly p rohibited. If you are not the intended recipient (or authorized to receive for t he recipient), please contact the sender or reply to Enron Corp. at enron.messag ing.administration@enron.com and delete all copies of the message. This e-mail ( and any attachments hereto) are not intended to be an offer (or an acceptance) a nd do not create or evidence a binding and enforceable contract between Enron Co rp. (or any of its affiliates) and the intended recipient or any other party, an d may not be relied on by anyone as the basis of a contract by estoppel or other wise. Thank you. ********************************************************************** Visit our website at http://www.ubswarburg.com This message contains confidential information and is intended only for the individual named. If you are not the named addressee you should not disseminate, distribute or copy this e-mail. Please notify the sender immediately by e-mail if you have received this e-mail by mistake and delete this e-mail from your system. E-mail transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message which arise as a result of e-mail transmission. If verification is required please request a hard-copy version. This message is provided for informational purposes and should not be construed as a solicitation or offer to buy or sell any securities or related financial instruments.