Penn State's Life Insurance is provided by Unum.

The University-paid life insurance options are listed below based on employee type:

• Faculty & Staff - $50,000
• Technical Service - $25,000
• University Police – New levels of coverage based on PSUPOA Agreement
  • $50,000; employer paid, no imputed income tax owed on this amount.
  • $200,000; employer paid, but there will be imputed income tax owed on the amount over $50,000
  • Option elected for January 1, 2025, will remain your elected amount for life PSUPOA Agreement

If you are already enrolled in the voluntary age-graded life insurance plan, you can increase your coverage amount by 1 X your salary during open enrollment, up to a maximum of $1.5 million or 8 X your salary, whichever is less. If you did not enroll as a new hire, you may elect during open enrollment and will be required to complete proof of good health.

Spousal life insurance is also offered in increments of $10,000 up to a maximum of $250,000. Enrollment requires employee optional life election and the spousal life elections are not able to be elected in an amount greater than the employee’s option life election. If you did not select spousal life as a new hire, you will be required to complete proof of good health when electing during open enrollment.

Dependent child coverage is available in the below increments for all employees. Enrollment requires employee optional life election and may cover any number of children through the month they turn age 26.

• $5,000
• $10,000
• $20,000

2025 Life Insurance Premium Contributions

Optional Employee Life and Spousal Life Rates