LIFE INSURANCE BASIC LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF
ELIGIBILITY
30%+ FTE EMPLOYEES
$50,000 TERM LIFE INSURANCE, ACCIDENTAL DEATH AND DISMEMBERMENT POLICY
PLAN INFORMATION
ONE (1) TIMES ANNUAL BASE PAY UP TO $50,000
EMPLOYEE CONTRIBUTION PLAN ADMINISTRATOR
NO EMPLOYEE CONTRIBUTION
NO EMPLOYEE CONTRIBUTION
MINNESOTA LIFE FOR MORE INFORMATION: www.securian.com/about-us/affiliates/minnesota-life.html
MGIS/SUN LIFE
VOLUNTARY LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF
ELIGIBILITY
30%+ FTE EMPLOYEES
SUPPLEMENTAL LIFE EMPLOYEE MAY ELECT THE LESSER OF SIX (6) TIMES ANNUAL UC BASE PAY OR $1 MILLION ADDITIONAL COVERAGE IS AVAILABLE FOR SPOUSE/DOMESTIC PARTNER AND ELIGIBLE DEPENDENT CHILDREN GUARANTEED ISSUE, IF ELECTED WITHIN ELIGIBILITY DATE, UP TO: • $1,000,000 EMPLOYEE COVERAGE • ALL DEPENDENT INSURANCE IS GUARANTEED ISSUE 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) RATES VARY BASED ON AGE AND COVERAGE SELECTION MINNESOTA LIFE FOR MORE INFORMATION: www.securian.com/about-us/affiliates/minnesota-life.html EMPLOYEES ENROLL VIA UC Flex/ESS IF NO ELECTIONS ARE MADE WITHIN 45 DAYS, EMPLOYEES WILL DEFAULT TO NO COVERAGE
$10,000 INCREMENTS UP TO THE LESSER OF TEN (10) TIMES ANNUAL SALARY OR $1,000,000. ADDITIONAL COVERAGE IS AVAILABLE FOR SPOUSE/DOMESTIC PARTNER AND ELIGIBLE DEPENDENT CHILDREN GUARANTEED ISSUE, IF ELECTED WITHIN 30 DAYS OF ELIGIBILITY DATE, UP TO LIMITS OF: • $250,000 EMPLOYEE COVERAGE • $50,000 SPOUSAL COVERAGE • $10,000 CHILD(REN) COVERAGE ADDITIONAL COVERAGE ABOVE GUARANTEED ISSUE AMOUNTS MAY BE GRANTED BASED ON EVIDENCE OF INSURABILITY
PLAN INFORMATION
EMPLOYEE CONTRIBUTION PLAN ADMINISTRATOR
RATES VARY BASED ON AGE AND COVERAGE SELECTION
MGIS/SUN LIFE
EMPLOYEES WILL RECEIVE AN AUTOMATED ENROLLMENT INVITATION EMAIL FROM PAYCOR ON THEIR START DATE
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