As a benefits-eligible employee, you are eligible for term life insurance coverage beginning on your date of hire. The Human Resources Administrator will supply enrollment information to you. Please consult the applicable insurance booklet or certificate of coverage for more information.

Basic Life Insurance

Summary of Benefits

   Administrative, Hourly and 12 Month Faculty
   9 Month Facutly, and Salary Deferral Faculty

Basic Life Insurance provides protection for your beneficiaries if you die while you are covered under the plan. The College pays the premium for your Basic Life coverage. The College continues to pay your premium during a period of disability up until an extended disability leave. The benefit is 100% of your basic annual salary, rounded to the next higher multiple of $1,000, if it is not already a multiple of $1,000. There is a minimum benefit of $10,000 and a maximum of $500,000.

Additional Life Insurance

   Additional Life Summary
   Additional Life Insurance Rates

Additional Life Insurance is an opportunity for you to provide additional insurance for your beneficiaries up to a maximum benefit of $700,000. You are eligible to apply and become insured on your first day of employment. If you do not apply within 31 days of the date you are first eligible, you will need to submit a Statement of Health form for consideration and approval. The insurance carrier may decline to extend coverage to late enrollees. You pay the premiums for this supplemental protection through payroll deduction on an after-tax basis. You can choose your coverage in $10,000 increments up to $700,000 (with Evidence of Insurability).

Your premium will vary depending on your benefit choice and your age. Please note that premium costs for Additional Life Insurance rise at certain ages. Check with your Human Resources Administrator for more details.

Dependent Life Insurance

   Dependent Life Summary
   Dependent Life Insurance Rates

Dependent Life Insurance Dependent Life insurance for your spouse and children is offered through The Standard. Benefit coverage is a flat dollar amount of $10,000 for your spouse, and $5,000 for your dependent child. Elections may be subject to Evidence of Insurability questions. Premium for this coverage is $2.45/month for your spouse and $.50/month for your child (regardless of how many children you have on the plan). You pay the premiums for this protection through payroll deduction on an after-tax basis.