Life Insurance

Basic Life Insurance

Basic Life Insurance is provided to all full-time employees at no charge. In the case of your death, your beneficiary will receive two and a half times your salary up to a $50,000 benefit maximum.


Supplemental Life Insurance

Supplemental Life Insurance allows you to buy additional life insurance above your Basic Life coverage, at a low group rate.

 

With Supplemental Life Insurance, you can choose to increase your current life insurance benefit in increments of $10,000. Rates are based on your age, and the maximum benefit is $500,000. When purchasing Supplemental Life Insurance, evidence of insurability will be required if purchasing more than $20,000. Proof of good health may be required, and your premiums will be deducted from your paycheck on a post-tax basis.

 

You can only enroll in Supplemental Life Insurance every year during open enrollment. Once you enroll in Supplemental Life Insurance, your coverage remains the same from year to year unless you change it. You may increase, decrease or discontinue your coverage every year during open enrollment. You may change your coverage during the year if necessary due to a change in family status such as marriage, divorce or adoption. In these cases, contact the Benefits Office for enrollment information.

 

Supplemental Life Insurance is eligible for accelerated benefits. This means you can collect 50% of your benefit if you are deemed to be terminally ill with twelve months or fewer to live as indicated by a physician. Your Supplemental Life Insurance has no savings or cash-value benefit.


Dependent Life Insurance

With Dependent Life Insurance, you may choose to cover your spouse and children at a low, group rate. Rates for Dependent Life are blended- this means you pay one flat rate regardless of the number of family members you cover.

 

There are three levels of Dependent Life from which to choose:
  • Option A: $10,000 of coverage for your spouse with $5,000 of coverage for each child, or
  • Option B: $5,000 of coverage for your spouse with $2,000 of coverage for each child, or
  • Option C: $20,000 of coverage for your spouse with $10,000 for each child
Individuals eligible for Dependent Life Insurance are your legally married spouse, domestic partner and dependent children. Premiums are deducted on a post-tax basis.

 

You can only enroll in Dependent Life Insurance every year during open enrollment. Once you enroll in Dependent Life Insurance, your coverage remains the same from year to year unless you change it. You may increase, decrease or discontinue your coverage every year during open enrollment. You may change your coverage during the year if necessary due to a change in family status such as marriage, divorce or adoption. In these cases, contact the Benefits Office for enrollment information.

 

When you enroll in Dependent Life Insurance, you automatically become the beneficiary. Dependent Life Insurance is not eligible for accelerated benefits, nor does it have any savings or cash-value benefit.
**AFSCME members: Consult your union contract for details regarding your benefit coverages.