Life Insurance

The state pays the full cost of basic group term life insurance for benefit-eligible employees. The amount of this insurance is determined by the union contract or plan that covers your job and is based on your annual salary. Check your union contract or personnel plan to determine the amount of your state-paid life insurance.

You may purchase additional life insurance for yourself (beyond the basic life insurance) and your spouse. Without providing evidence of good health, you may sign up for life coverage for yourself in an amount equal to twice your annual salary and $5,000 or $10,000 of life coverage for your spouse. You may increase life insurance for yourself or your spouse, up to $500,000, at any time by providing evidence of good health.

You may purchase $10,000 of child life insurance to provide coverage for your insurance-eligible children or grandchildren. One child policy covers all of your dependent children. You need not provide evidence of insurability if you select this coverage within your initial enrollment period. Coverage for newborns begins on the 15th day after birth. You may also add child life insurance without evidence of good health within 30 days of the birth of a child or the placement of a child for adoption.

For additional information including current rates and forms, visit www.lifebenefits.com/plandesign/statemn