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Life InsuranceEmployee Term Life InsuranceUSURF pays the premium for one times annual salary rounded to the nearest $1, 000 to a maximum of $250,000. An employee may enroll in supplemental insurance up to a lesser of five time’s annual salary or $400,000 without evidence of insurability. In addition this can be increased in units of $10,000 to a maximum of $750,000 with evidence of insurability. Dependent Term Life InsuranceYou may enroll your spouse and dependent children in a number of term life insurance programs. Basic life ($1.00/mo): $10,000 of coverage for spouse and Employee and dependent life insurance options include double indemnity in case of accidental death. Voluntary Dependent Life insurance for a spouse may be increased in units of
$10,000 to a maximum of $250,000 (proof of insurability is required after $20,000).
Dependent coverage may be increased in units of $5,000 to a maximum of $20,000
per dependent. |
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