Our life insurance program is designed to provide a payment to your beneficiary in the event of your death. The life insurance program has two parts.
Basic Life Insurance
The University provides you with basic life insurance increased to $50,000 at no cost to you effective January 1, 2019.
Optional Life Insurance
You can purchase up to 3 times your basic annual earning up to a maximum of $500,000*.
Accidental Death and Dismemberment (AD&D)
This insurance provides your beneficiary with added protection in case of your accidental death and/or a benefit payable to you in case of a dismemberment.* Coverage will be available if you elect contributory life insurance. The amount of coverage is the same as the amount of coverage for contributory life insurance. Various lesser amounts are paid for dismemberment.
Dependent Life Insurance
This insurance is available to you as follows:
- You can purchase $5,000 of life insurance for a spouse.
- You can purchase $1,000 of life insurance for eligible dependent children.
- Coverage will be available if you elect contributory life insurance.
To increase your Life Insurance, please complete the EOI Application at www.sunlife-usa.net/eoi/. The Group Number needed for the application is 903900.
*Any amount over $300,000 is subject to Evidence of Insurability. If not elected within 31 days after date of hire, employee must provide EOI.