Life Insurance - Voluntary Supplemental Insurance
Full-time employees may purchase additional life insurance coverage through UnumProvident Life Insurance Company. Supplemental life insurance may be purchased through payroll deductions for the employee and his/her spouse up to $500,000 each or five (5) times the employee’s annual salary, whichever is less.
Dependent children may be covered up to $10,000 per child. The amount of life insurance purchased on a spouse and/or dependent must be equivalent to or less than coverage purchased on the employee. The employee may purchase up to $150,000 of guaranteed coverage. A spouse is guaranteed coverage of $25,000.
If desired coverage is greater than $150,000 or $25,000 respectively, a medical questionnaire must be completed and UnumProvident must approve the coverage.
Applications for coverage may be obtained in the Human Resources Office.
Monthly Premium Supplemental Life Rates
| Spouse Rate
per $1000 coverage
per $2,000 coverage
In effect February 13, 2007.
Vice President for Finance and Business Affairs.