Life, Accident and Disability Insurance

Life Insurance

The University pays the entire premium for group term life insurance for two and one-half times your base contract salary, with a minimum of $75,000 and a maximum of $1,000,000. This benefit is available on the first of the month following 90 days of employment. Within 31 days following the termination of employment, all or part of the life insurance amount may be converted to an individual policy. Applications for this purpose are available in the Office of Human Resources.

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Short Term Disability Insurance

In the event that an accident or illness extends beyond an employee's sick time bank, short-term disability benefits provide a benefit of 60% of basic earnings.   This benefit, funded by the University, is available on the first of the month following 90 days of employment.

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Long Term Disability Insurance

The University maintains a group Long-term Disability Insurance Plan for full-time employees. This benefit is available on the first of the month following 90 days of employment and the premium is paid by the University. Upon approval of the disability claim, the policy provides a monthly benefit of 60 percent of basic monthly earnings up to the maximum monthly benefit, less other income benefits as stated in the Policy.

In the event of long-term disability, the University will continue its contribution to your health insurance and long term care insurance plan (if applicable) for up to one year, provided you maintain your contribution, to the total premium. In certain circumstances, there may be a waiver of premium for life insurance during long term disability.

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Voluntary Benefits

Supplemental Employee Life - Coverage is available up to $300,000 with no medical questions asked up to $150,000. Employees requesting coverage in excess of $150,000 must complete medical questions and be approved by The Standard before coverage begins. Coverage is available in $50,000 increments.

Supplemental Spouse Life - Coverage is available up to $100,000 with no medical questions asked up to $25,000. Employees requesting coverage in excess of $25,000 must complete medical questions and be approved by The Standard before coverage begins. Coverage is available in $25,000 increments.

Supplemental Child Life - Coverage is available in $10,000 or $20,000 amounts with no medical questions asked for children.