ÌÇÐÄÔ­´´

On this page:

• ÌÇÐÄÔ­´´ Life Insurance
• Basic Life and Accidental Death and Dismemberment (AD&D) Insurance
• Supplemental Term Life Insurance
• Dependent Life Insurance

ÌÇÐÄÔ­´´ Life Insurance

ÌÇÐÄÔ­´´ provides life insurance to benefit-eligible employees (75% FTE or higher). Our life insurance vendor is Unum, and there are three offerings:

1. Basic Life and Accidental Death and Dismemberment (AD&D)
2. Supplement Term Life Insurance
3. Dependent Life Insurance

Basic Life and Accidental Death and Dismemberment (AD&D) Insurance

ÌÇÐÄÔ­´´ provides Basic Life and Accidental Death and Dismemberment (AD&D) insurance at no cost to benefit-eligible employees. The value of basic life insurance (maximum benefit of $400,000) is listed below:

• 2 times the base annual salary for staff and fiscal facultyÌý
• 2.44 times the base annual salary for academic faculty Ìý

Enrollment is automatic. Beneficiaries designated for this benefit must be listed on the . If no beneficiaries are designated, the death benefit will be paid to the employee’s estate. If any issues arise, Unum reserves the right to make payment to the first surviving family members in the following order: spouse, child(ren), mother and/or father, and sisters and/or brothers.Ìý

Supplemental Term Life Insurance

ÌÇÐÄÔ­´´ provides benefit-eligible employees the opportunity to supplement their basic life insurance coverage with term life insurance. During open enrollment, benefit-eligible employees can elect coverage of 1, 2, or 3 times the employee’s base salary up to a maximum of $300,000. If enrolling or increasing existing coverage by more than $200,000, aÌýÌý(Evidence of Insurability) is required.

Take the following action(s) to continue, enroll, increase, decrease, or terminate supplemental life insurance coverage.

Step	Action Required
Continue	No action is required. The benefit will automatically continue.
Enroll	Submit theÌýÌýto HR by November 14, 2025. Submit aÌýÌýto Unum by November 21, 2025.Ìý Use access code V3BIMYW.
Increase policy value that does not exceed $200,000	Submit theÌýÌýto HR by November 14, 2025.
Increase policy value that exceeds $200,000	Submit theÌýÌýto HR by November 14, 2025. Submit aÌýÌýto Unum by November 21, 2025. Use access code V3BIMYW.
Decrease policy value or terminate coverage	Submit theÌýÌýto HR by November 14, 2025.

The beneficiaries designated for supplemental life insurance must be listed on theÌý.ÌýIf no beneficiaries are designated, the death benefit will be paid to the employee’s estate. If any issues arise, Unum reserves the right to make payment to the first surviving family members in the following order:Ìýspouse, child(ren), mother and/or father, and sisters and/or brothers.Ìý

Cost

Supplemental life insurance premiums are based on the employee’s age and the coverage amount,Ìýper the table below.

Age	Monthly rate per $1,000 of BenefitÌý
< 35Ìý	$0.08Ìý
35 – 39Ìý	$0.09Ìý
40 - 44Ìý	$0.14Ìý
45 – 49Ìý	$0.23Ìý
50 - 54Ìý	$0.38Ìý
55 - 59Ìý	$0.60Ìý
60 - 64Ìý	$0.94Ìý
65 - 69Ìý	$1.52Ìý
70 +Ìý	$2.06Ìý

Dependent Life Insurance

ÌÇÐÄÔ­´´ offers dependent life insurance for spouses and/or eligible children up to age 26. The policy value for a spouse is either $10,000 or $25,000 and either $2,000 or $10,000 for child(ren).Ìý

Dependent life insurance can be purchased without purchasing supplemental life insurance. A Statement of Health is not required for this benefit.

During Open Enrollment, benefit-eligible employees can add, change, or terminate dependent life insurance coverage by submitting theÌý.Ìý

Cost

Dependent life insurance premiums are based on the employee’s age and the coverage amount,Ìýper the table below.

Age	Option 1 Spouse $10,000	Option 2 Spouse $25,000	Option 1 Children $2,000	Option 2 Children $10,000
Ìý&±ô³Ù;30Ìý	$1.23Ìý	$1.94Ìý	$0.30Ìý	$1.50Ìý
30 - 34Ìý	$1.23Ìý	$2.25Ìý	$0.30Ìý	$1.50Ìý
35 – 39Ìý	$1.64Ìý	$3.01Ìý	$0.30Ìý	$1.50Ìý
40 - 44Ìý	$2.49Ìý	$4.40Ìý	$0.30Ìý	$1.50Ìý
45 – 49Ìý	$3.57Ìý	$6.80Ìý	$0.30Ìý	$1.50Ìý
50 - 54Ìý	$5.55Ìý	$10.68Ìý	$0.30Ìý	$1.50Ìý
55 - 59Ìý	$8.79Ìý	$17.42Ìý	$0.30Ìý	$1.50Ìý
60 - 64Ìý	$13.56Ìý	$27.65Ìý	$0.30Ìý	$1.50Ìý
65 +Ìý	$21.12Ìý	$51.54Ìý	$0.30Ìý	$1.50Ìý

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