LIFE INSURANCE BASIC LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF
ELIGIBILITY
PLAN INFORMATION
ONE (1) TIMES ANNUAL BASE PAY UP TO $50,000
EMPLOYEE CONTRIBUTION PLAN ADMINISTRATOR
NO EMPLOYEE CONTRIBUTION
MINNESOTA LIFE FOR MORE INFORMATION: www.securian.com/about-us/affiliates/minnesota-life.html
VOLUNTARY LIFE INSURANCE
65%+ FTE FACULTY 75%+ FTE STAFF
ELIGIBILITY
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)
PLAN INFORMATION
EMPLOYEE CONTRIBUTION PLAN ADMINISTRATOR
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
NEXT STEPS
Made with FlippingBook Online newsletter maker