Plan Coverage

You have the option of purchasing your own group supplemental life insurance coverage for yourself, equal to one, two, three, four, or five times the amount of your annual base salary. If that amount is not already an even multiple of $10,000, it is rounded to the next higher $10,000 up to $2,500,000. For example:

  • If your annual base salary is $12,000 and you elect supplemental life insurance equal to one times your annual base salary, you will have an additional $20,000 of insurance for a total amount of $32,000 including the $12,000 basic insurance that the University provides.
  • If your annual base salary is $12,000 and you elect supplemental life insurance equal to two times your annual base salary, you will have an additional $30,000 of insurance for a total amount of $42,000 including the basic insurance that the University provides.
  • If your annual base salary is $12,000 and you elect supplemental life insurance equal to three times your annual base salary, you will have an additional $40,000 of insurance for a total amount of $52,000 including the basic insurance that the University provides.

Coverage for Your Spouse

You may elect to cover your spouse individually for an amount in even multiples of $10,000 only if you enroll for coverage for yourself. The maximum coverage amount you may elect for your spouse is three times your annual base salary (rounded up to the next higher multiple of $10,000) or $100,000, whichever is less.
In the event of divorce, your former spouse will no longer be covered by the spousal coverage.

Coverage for Your Child(ren)

Your dependent children are eligible for coverage in amounts of $5,000 or $10,000 of term insurance for each child.

In order to participate in the Group Supplemental Life Insurance Plan, your child(ren) must be at least 15 days old and less than 19 years old. Dependent child(ren) must be unmarried to be considered eligible. You may enroll your children in the Group Supplemental Life Insurance coverage if you elect supplemental coverage for yourself.