Supplemental Life Insurance
Employees may purchase additional life insurance to supplement their basic coverage. Coverage amounts under this plan are in blocks of $50,000 to a maximum of $600,000. Please complete the enrollment form, and if necessary the EOI form (both located below). Once all forms have been completed, please submit the enrollment forms to your regional human resources office. Send your EOI form directly to Securian at the address on the form or fax it to (651) 665-7092.
All regular full-time or regular part-time employees are eligible; however benefit reductions apply to employees age 65 or older. Dependents are not covered.
You may enroll within 30 days of the date of your employment, open enrollment, or after a major life event. If you elect to have more that $200,000 of supplemental life insurance you must complete the Evidence of Insurability Form. Elected amounts of $200,000 or less don't require evidence of insurability.
Evidence of Insurability (EOI)
Any time an employee elects an amount over $200,000 of supplemental life insurance they must submit the EOI form. For example, if you are changing from $50,000 to $300,000, or going from $350,000 to $600,000, you must submit evidence of insurability.
Rates are based upon employee age as of July 1 of each year. Check current life insurance rates or please consult with your regional human resources office. Payments are made through biweekly payroll deductions.
The benefits will be paid to the beneficiary you name on the Beneficiary Designation Form. You may change your beneficiary at any time by completing a new beneficiary form.
Filing a Claim
Life insurance claims should be filed through your regional human resources office. Claims should be returned to that office for final completion and transmittal to the insurance carrier.