Cost for Personal and Family Accident Insurance

The amount you pay for personal and family accident insurance depends on the amount of coverage you want or whether or not you want coverage for your family. The amount you pay is shown on the Contribution Rate Sheet included on this site.

How Insurance Premiums Are Paid

You pay for the cost of the premiums for both you and your family with tax-free dollars. This is because Boston University automatically takes your payments from your paycheck before federal income, state income, and Social Security taxes are taken out.

Automatic before-tax insurance premium payments are allowed under the provisions of Section 125 of the Internal Revenue Code. These provisions are explained in more detail in the Flexible Benefits section of this site.