• Life Insurance Life Insurance
     
    Basic Life Insurance:
     
    The Basic Life Insurance program provides $3000 life insurance coverage to all eligible employees under the age of 70. If you are an active, permanent, full-time employee who is enrolled in the state health insurance program, you are eligible for this benefit.

    This benefit is provided free of charge to all eligible employees. Enrollment is automatic with enrollment in a state health insurance program for active employees.

    Optional Life Insurance:
     
    If you are an active, permanent, full-time employee, you can enroll in the Optional Life Insurance Program within 31 days of the date you are hired. You may elect coverage in $10,000 increments up to the lesser of three times your basic annual earnings (rounded down to the nearest $10,000) or $500,000 without providing medical evidence of good health. You can select a higher benefit level in increments of $10,000, up to a maximum of $500,000, by providing medical evidence of good health.

    Optional life premiums are determined by your age and the amount of insurance you select. Active employees can pay premiums before taxes thru MoneyPlu$.

    Dependent Life Insurance:

    Dependent Life Spouse Insurance - If you are currently enrolled in Optional Life, you may cover your spouse in increments of $10,000 for up to 50% of your Optional Life coverage or $100,000, whichever is less. (Coverage over $20,000 will require medical evidence of good health.) If you are not enrolled in Optional Life, you may cover your spouse for $10,000 or $20,000. Premiums are the same as Optional Life premiums, which are based on the employee’s age.

    Dependent Life Child Insurance - You can cover your eligible dependent children older than 14 days, but younger than 19, or age 25, if enrolled as a full-time student. The monthly premium for Dependent Life Child coverage is $1.10 per month, regardless of the number children covered.

    All life insurance plans with the state are administered by Securian.