Basic Life Insurance
If you die, Basic Life Insurance pays a benefit equal to your annual salary, up to $50,000. Coverage is provided automatically at no cost to you and is administered by Standard Insurance. You cannot opt out of this coverage.
Optional Life Insurance
You can enroll in additional employee-pay-all life insurance coverage of one, two, three or four times your annual salary, up to $500,000.
Dependent Life Insurance
You can choose to buy life insurance for your spouse—$10,000, $15,000 or $20,000—and eligible dependent children under age 26—$5,000, $7,500 or $10,000 per child.
Enrolling in Coverage
You have 31 days from your initial benefits eligibility date to enroll in Optional Life Insurance and/or Dependent Life Insurance coverage. Otherwise, you can enroll anytime during year, but you must provide Evidence of Insurability (EOI), which will be reviewed by Standard Insurance. Coverage is effective pending Standard Insurance’s approval of your EOI.
To enroll:
- Complete a Group Benefit Change Form and return it to Human Resources.
- Go to the Evidence of Insurability section on Standard Insurance’s website to complete your application. Standard Insurance will notify The University if your request is approved. If approved, payroll deductions will begin in the month following approval.
Enrolling in Coverage
You have 31 days from your initial benefits eligibility date to enroll in Optional Life Insurance and/or Dependent Life Insurance coverage. Otherwise, you can enroll anytime during year, but you must provide Evidence of Insurability (EOI), which will be reviewed by Standard Insurance. Coverage is effective pending Standard Insurance’s approval of your EOI.
To enroll:
- Complete a Group Benefit Change Form and return it to Human Resources.
- Go to the Evidence of Insurability section on Standard Insurance’s website to complete your application. Standard Insurance will notify The University if your request is approved. If approved, payroll deductions will begin in the month following approval.
Enrolling in Coverage
You have 31 days from your initial benefits eligibility date to enroll in Optional Life Insurance and/or Dependent Life Insurance coverage. Otherwise, you can enroll anytime during year, but you must provide Evidence of Insurability (EOI), which will be reviewed by Standard Insurance. Coverage is effective pending Standard Insurance’s approval of your EOI.
To enroll:
- Complete a Group Benefit Change Form and return it to Human Resources.
- Go to the Evidence of Insurability section on Standard Insurance’s website to complete your application. Standard Insurance will notify The University if your request is approved. If approved, payroll deductions will begin in the month following approval.
Enrolling in Coverage
You have 31 days from your initial benefits eligibility date to enroll in Optional Life Insurance and/or Dependent Life Insurance coverage. Otherwise, you can enroll anytime during year, but you must provide Evidence of Insurability (EOI), which will be reviewed by Standard Insurance. Coverage is effective pending Standard Insurance’s approval of your EOI.
To enroll:
- Complete a Group Benefit Change Form and return it to Human Resources.
- Go to the Evidence of Insurability section on Standard Insurance’s website to complete your application. Standard Insurance will notify The University if your request is approved. If approved, payroll deductions will begin in the month following approval.
Enrolling in Coverage
You have 31 days from your initial benefits eligibility date to enroll in Optional Life Insurance and/or Dependent Life Insurance coverage through Workday without requiring any additional medical information.
If you do not enroll within the first 31 days, you can still enroll anytime during the year, but you must provide Evidence of Insurability (EOI). EOI can be completed directly with Standard Insurance. EOI will be reviewed by Standard Insurance. Coverage is effective pending Standard Insurance’s approval of your EOI. You will receive a decision in writing once your application has been reviewed.
