91制片厂 offers basic group life insurance to our classified, A/P faculty and T/R faculty employees. This benefit is an automatic benefit that starts upon the first day of employment. In addition to the basic group life insurance, employees may chose other optional life insurance and long-term care plans to fit their needs. For more information on each plan, click on the plan name for details. Contact the Benefits Department with questions.
Upon employment, full-time classified, A/P faculty and T/R faculty employees automatically are enrolled in a group life insurance policy at no cost to the employee. This plan provides natural death, accidental death and dismemberment coverage. Coverage is the equivalent of two times the employee's annual salary for natural death and four times the employee's annual salary for accidental death. Visit the for information.
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You must fit the criteria listed below to be eligible for basic group life insurance:
State employees covered under the Basic Group Life Insurance Program, are eligible to purchase additional life insurance for themselves as well as their spouse and dependent children through the Optional Group Life Insurance Program. You pay the premiums for this additional coverage through payroll deductions.
Employees have the ability to purchase a minimum $10,000 to a maximum $100,000 of death benefit on a guaranteed issue basis. The benefits include no medical questions or exams, convenient payments through payroll deduction, coverage available for family members, a lifetime of protection, professional service from a New York Life agent, ability to earn dividends and access to cash value through policy loans, and it stays with you if you change jobs or retire. Spouses, domestic partners, children, and grandchildren are eligible for a minimum $10,000 and maximum $50,000 of death benefit with no medical questions if the employee participates.
Your window to add or increase coverage is open now. 91制片厂 is offering all eligible employees Guaranteed Issue Employee鈥檚 Whole Life insurance, which allows you to purchase cash value permanent life insurance to supplement your current benefit program. There are no physical exams or medical questions asked. Your spouse/domestic partner, children, and even grandchildren may be eligible for coverage as well1. Since you own the policy, it remains with you regardless of where you work or even if you retire, as long as premiums are paid when due.
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