This voluntary program, available to faculty, professional and scientific, merit supervisory exempt, merit, and house staff, allows you to obtain life insurance for your spouse/domestic partner and/or your children (14 days to the end of the year in which theyreach 26 years old, unless the dependent is disabled; if dependent is disabled and classified as a dependent for tax purposes, there is no maximum age for coverage). Coverage ends at the attainment of age 70 for any spouse covered under this plan.
If you would like to participate you have the choice of six programs. Each selection gives your spouse and/or dependents the life insurance as noted. The employee will always be the beneficiary in case of the death of a spouse and/or dependent.
Coverage
You may choose one of the following plans:
- Spouse/partner only in the amount of $10,000. This coverage is $3.49 per month.
- Spouse/partner only in the amount of $20,000. This coverage is $6.66 per month.
- Dependent only in the amount of $5,000 per child. This coverage is $1.02 per month.
- Dependent only in the amount of $10,000 per child. This coverage is $1.94 per month.
- Spouse/partner and Dependent in the amount of $10,000 for the spouse/partner and $5,000 per child. This coverage is $4.51 per month.
- Spouse/partner and Dependent in the amount of $20,000 for the spouse/partner and $10,000 per child. This coverage is $8.60 per month.
Please note: this premium may only be paid after-tax, as a deduction from your net pay.