Your Bond Continuation Life Insurance is an important benefit for you and your loved ones. The Bond Continuation program provides that your named beneficiary will continue to receive Savings Bonds in the event of
your death. The program is funded by a life insurance policy and paid for through payroll deduction. The deductions for your life insurance policy are forwarded to the insurance company by National Bond and Trust after your employer remits your payroll deductions. If you elect to enroll in this program, a policy will be mailed to you within two weeks. The death benefit from the policy provides that your beneficiary will receive U.S. Savings
Bonds every month for 10 years if you should pass away.*

Unless you specified otherwise, the beneficiaries of your life insurance policy will be the same beneficiaries that you have identified on your U.S. Savings Bonds. If you list more than one beneficiary, the bonds purchased
with the monthly benefit will be divided equally between them. If you wish to change your beneficiaries you can contact National Bond and Trust directly at 1-800-426-9314.

The beneficiary or beneficiaries you designated on your U.S. Savings Bonds will receive a specified number of bonds each month over the course of 10 years. The number of bonds your beneficiary will receive each month is based on your age at the time you applied for the life insurance and the premium amount. The total number of bonds that will be paid over the 10 year period is listed on the U.S. Savings Bonds application form, a copy of which you received at the time of enrollment. Provided that your policy was issued as applied for by your insurance company, the number of bonds listed on the application form will be the total bond benefit that will be paid to your beneficiaries over a 10 year period.

Unlike other life insurance coverage you may have, the Bond Continuation program offers your family a legacy in that they receive the benefit of your savings plan for years to come. The program is funded by a life insurance
policy to ensure that the funds are available to purchase Savings Bonds for your beneficiaries long after you are gone. Ordinary life insurance is certainly important to help your loved ones recover financially from your death.
The Bond Continuation program is not meant to replace your current life insurance coverage but the Bond Continuation program helps supplement that coverage to continue helping your beneficiaries reach the goals you
set out for them.

You own your policy and it is yours to keep no matter where you work. It cannot be cancelled except for non-payment of premium. If you leave your employer, it is important to contact National Bond and Trust to determine if your new employer offers the U.S. Savings Bond program through NBT. If so, a Customer Service Representative can assist you in transferring your account to your new employer. If not, you can still participate in the Bond Continuation program by speaking with a Customer Service Representative at National Bond and Trust who will arrange a billing method that suits your needs.

If you have questions concerning payroll deductions, address changes, Savings Bonds registrations, receipt of U.S. Savings Bonds or the overall program, you can contact National Bond and Trust toll-free at 1-800-426-9314 7:00 am to 5:00 pm Central Time every business day.