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Life insurance

The university offers a number of life insurance plans:

  • Basic Life is available to benefit-eligible faculty and staff. For retirees, Basic Life is available to those retirees who have not yet reached the age of 70 and were enrolled in the plan before retiring.
  • Supplemental Life is available to benefit-eligible faculty and staff, as well as retirees who were enrolled in the plan before retiring.
  • Dependent Life (Spouse, Sponsored Adult Dependent, and/or Child) is available to benefit-eligible faculty and staff, as well as retirees who were enrolled in the plan before retiring.
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Basic Life

Basic Life- Monthly premiums for active employees, 2017

Plan type Employee cost
(per $1,000 of coverage)
UM cost
(per $1,000 of coverage)
Total
(per $1,000 of coverage)
Option A- (1 x base salary & age graded) $0 $0.06 $0.06
Option B- (2 x base salary & age graded) $0.03 $0.06 $0.09


Supplemental Life

Supplemental Life Insurance is 100% employee-paid. Coverage at 1, 2 or 3 times your annual base salary to a maximum of $1,000,000, and a minimum of $20,000 even if you earn less. Monthly premiums vary by age.

Supplemental Life- Monthly premiums, 2017

Age as of January 1 Employee cost
(per $1,000 of coverage)*
< 25 $0.05
25 – 29 $0.06
30 – 34 $0.08
35 – 39 $0.09
40 – 44 $0.10
45 – 49 $0.15
50 – 54 $0.23
55 – 59 $0.43
60 – 64 $0.66
65 – 69 $1.27
70 – 74 $2.06 - $2.76
75 – 79 $3.04 - $4.35
80 – 84 $4.74 - $6.87
85 – 89 $7.53 - $10.43
90 – 94 $11.24 - $16.02


Dependent Life- Spouse or sponsored adult dependent

Dependent Spouse/Sponsored Adult Dependent Life Insurance is 100% employee-paid. Coverage is available in increments of $10,000 up to a maximum of $50,000.

Your opportunities to elect dependent life for a spouse or sponsored adult dependent and the evidence of insurability* (EOI) requirements are as follows:

  • New hire enrollment: You may elect coverage up to $20,000 without EOI, provided you do so within 31 days of your date of hire or benefit eligibility date.
  • Annual enrollment: You may elect to enroll or change the amount of coverage for which you’ve enrolled. EOI is required for newly elected and increases in coverage. EOI is not required for decreases in coverage. 
  • Mid-year qualifying event: You may elect coverage up to $20,000 without EOI, provided you do so within 31 days of the date of marriage. EOI is required for existing spouses/sponsored adult dependents to enroll in any amount of coverage.
    • If your spouse/sponsored adult dependent was a UM benefit-eligible employee who lost their UM basic life coverage and is newly eligible for UM spousal life coverage, then, you may elect up to $20,000 without EOI, provided you do so within 31 days of the date UM employee coverage ended. 

Dependent Life-Spouse or sponsored adult dependent- Monthly premiums, 2017

Age as of January 1 Employee cost
(per $1,000 of coverage)*
< 30 $0.07
30 – 34 $0.08
35 – 39 $0.11
40 – 44 $0.17
45 – 49 $0.25
50 – 54 $0.38
55 – 59 $0.59
60 – 64 $0.92
65 – 69 $1.45
70 – 74 $2.32
75 – 79 $3.79
80 – 84 $5.89
85 – 89 $9.23
90 – 94 $14.26

*The "Group Life Evidence of Insurability" form is available at the bottom of this webpage.

Dependent Life- Child

Dependent Child Life Insurance is 100% employee-paid. Coverage is available in increments of $5,000 up to a maximum of $25,000.

Your opportunities to elect dependent life for a child and the evidence of insurability* (EOI) requirements are as follows:

  • New hire enrollment: You may elect coverage up to $5,000 without EOI, provided you do so within 31 days of your date of hire or benefit eligibility date.
  • Annual enrollment: You may elect to enroll or change the amount of coverage for which you’ve enrolled. EOI is required for newly elected and increases in coverage. EOI is not required for decreases in coverage. 
  • Mid-year qualifying event: You may elect coverage up to $5,000 without EOI, provided you do so within 31 days of the date of birth or adoption. EOI is required for existing children to enroll in any amount of coverage.
    • If your dependent child was a UM benefit-eligible employee who lost their UM basic life coverage and is newly eligible for UM dependent life child coverage; then, you may elect up to $5,000 without EOI, provided you do so within 31 days of the date UM employee coverage ended.

Dependent Life-Child- Monthly premiums, 2017

Coverage amount* Employee cost
(per amount listed)
$5,000 $0.35
$10,000 $0.70
$15,000 $1.05
$20,000 $1.40
$25,000 $1.75

*The "Group Life Evidence of Insurability" form is available at the bottom of this webpage.

Forms and guides

* In the event of a difference between this webpage and the plan document or summary plan description, the plan document and plan description prevail.

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Reviewed July 03, 2017.