Lincoln Financial is the university’s provider for life insurance, accidental death and dismemberment, short-term disability, and long-term disability insurance.
Top 3 Things to Know
- During Open Enrollment, you can increase your optional life insurance by two increments without Evidence of Insurability. This means you can increase your supplemental life insurance by a maximum of $20,000 and your spousal life insurance by a maximum of $10,000 without completing EOI. Employee maximum coverage amount is $500,000 or 5 times your annual salary, whichever is less. The maximum spouse coverage amount cannot exceed 100% of the employee's approved combined basic and optional life insurance benefit to a maximum of $150,000.
- Basic life insurance is 1.5 times the employee's annual salary and is paid by the university.
- Please make sure to update your beneficiaries for this benefit in Employee Self-Service.