LIFE INSURANCE
BASIC LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF
ELIGIBILITY
ONE (1) TIMES ANNUAL BASE PAY UP TO $50,000 EMPLOYEE MAY ELECT $5,000
PLAN INFORMATION
EMPLOYEE CONTRIBUTION
NO EMPLOYEE CONTRIBUTION
PLAN ADMINISTRATOR
MINNESOTA LIFE
VOLUNTARY LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF SUP P LEMENTAL LIFE
ELIGIBILITY
EMPLOYEE MAY ELECT THE LESSER OF SIX (6) TIMES ANNUAL UC BASE PAY OR $1 MILLION
PERSONAL ACCIDENT
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) ADDITIONAL COVERAGE IS AVAILABLE FOR SPOUSE/DOMESTIC PARTNER AND ELIGIBLE DEPENDENT CHILDREN
PLAN INFORMATION
EMPLOYEE CONTRIBUTION
RATES VARY BASED ON AGE AND COVERAGE SELECTION
PLAN ADMINISTRATOR
MINNESOTA LIFE
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