UCP 2021 Dual Comp Faculty Benefits Summary 4.8.21

LIFE INSURANCE

BASIC LIFE INSURANC E

65%+ FTE FACULTY 75%+ FTE STAFF

ELIGIBILITY

30%+ FTE EMPLOYEES

ONE (1) TIMES ANNUAL BASE PAY UP TO $50,000 EMPLOYEE MAY ELECT $5,000

$50,000 TERM LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT POLICY

PLAN INFORMATION

EMPLOYEE CONTRIBUTION

NO EMPLOYEE CONTRIBUTION

NO EMPLOYEE CONTRIBUTION

PLAN ADMINISTRATOR

MINNESOTA LIFE

THE HARTFORD

VOLUNTARY LIFE INSURANC E

65%+ FTE FACULTY 75%+ FTE STAFF

ELIGIBILITY

30%+ FTE EMPLOYEES

SUP P LEMENTAL LIFE

EMPLOYEE MAY ELECT THE LESSER OF SIX (6) TIMES ANNUAL UC BASE PAY OR $1 MILLION PERSONAL ACCIDENT INSURANCE PROVIDES A BENEFIT IN THE EVENT YOU DIE AS A RESULT OF A COVERED ACCIDENT WILL ALSO PAY A FULL OR PARTIAL BENEFIT FOR CERTAIN ACCIDENTAL INJURIES COVERAGE LEVELS ($50,000, $100,000, OR $150,000)

$10,000 INCREMENTS UP TO THE LESSER OF FIVE (5) TIMES ANNUAL SALARY OR $1,000,000. INCLUDES AD&D COVERAGE ADDITIONAL COVERAGE IS AVAILABLE FOR SPOUSE/DOMESTIC PARTNER AND ELIGIBLE DEPENDENT CHILDREN GUARANTEED ISSUE, IF ELECTEDWITHIN 30 DAYS OF ELIGIBILITY DATE, UP TO LIMITS OF:

PERSONAL ACCIDENT

PLAN INFORMATION

$150,000 EMPLOYEE COVERAGE $25,000 SPOUSAL COVERAGE $10,000 CHILD(REN) COVERAGE

ADDITIONAL COVERAGE IS AVAILABLE FOR SPOUSE/DOMESTIC PARTNER AND ELIGIBLE DEPENDENT CHILDREN RATES VARY BASED ON AGE AND COVERAGE SELECTION

EMPLOYEE CONTRIBUTION

RATES VARY BASED ON AGE AND COVERAGE SELECTION

PLAN ADMINISTRATOR

MINNESOTA LIFE

THE HARTFORD

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