YourRFBenefits
Optional Life Insurance

If you work at least 50% of full time, you can purchase additional life and accidental death and dismemberment insurance equal to one, two, three, four, five, six, or seven times your annual salary, rounded to the next higher $1,000, up to $300,000.

The combined maximum coverage limit for both Basic and Optional Life Insurance is therefore $350,000.

Optional Life benefits are reduced, beginning at age 70, in the same way as for Basic Life.

To name or update your beneficiaries, complete parts A, E, and I of the RF Benefits Enrollment Form.  Complete Part F if you wish to elect or change coverage.

You pay the full cost of coverage, which begins six months after your hire date or eligibility date. The cost of Optional Life insurance depends on the option chosen and the salary and age of the insured. 

Note: If you delay enrollment beyond 60 days of your eligibility date, you will be required to complete a Statement of Health and have it approved by the insurance company.  Refer to the Benefits Handbook for information on late enrollment.

The Optional Life Insurance and Accidental Death & Dismemberment benefits are offered through Securian Life Insurance Company.

For additional information, please refer to the Basic and Optional Term Life Insurance and AD&D Plan Handbook.


 

Accelerated Death Benefits
Beneficiaries
Break in Service Employment Termination
File/Appeal a Claim  


 

Optional Life Insurance

   
 

 

Contact your campus benefits office for more information.

 
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