2019 Life Insurance

Life Insurance is provided by Unum.

Faculty and Staff will be covered for $50,000 in University-paid life insurance. For Technical Service Employees, the University-paid life insurance benefit is $20,000.

If you are already enrolled in the voluntary age-graded life insurance plan, you have the ability to increase your coverage amount by 1 X your salary during Benefits Open Enrollment, up to a maximum of $1.5 million or 8 X your salary, whichever is less.

New Dependent Child Option for 2019!

A new coverage option of $10,000 is available for Dependent child(ren).

2019 Life Insurance Premiums

Contributions are calculated at per $1,000 of coverage.

Employee Rates

Age Range

Bi-Weekly

Monthly

Less than 25

$.0083

$.018

25-29

$.0102

$.022

30-34

$.0134

$.029

35-39

$.0152

$.033

40-44

$.0185

$.040

45-49

$.0268

$.058

50-54

$.0438

$.095

55-59

$.0725

$.157

60-64

$.1108

$.240

65-69

$.2137

$.463

70 and above

$.3462

$.750

 

Spouse Rates

Age Range

Bi-Weekly

Monthly

Less than 25

$.009

$.02

25-29

$.011

$.024

30-34

$.015

$.032

35-39

$.0165

$.036

40-44

$.0205

$.044

45-49

$.0295

$.064

50-54

$.048

$.104

55-59

$.0795

$.172

60-64

$.122

$.264

65-69

$.2345

$.508

70 and above

$.3805

$.824

 

Dependent Child Rates

Coverage Amount

Bi-Weekly

Monthly

$5,000

$.55

$1.20

$10,000

$1.10

$2.40

For questions, contact Unum at 1-800-421-0344