Life Insurance

Tools and Resources



LIFE INSURANCE

 

arrow  Basic Life Insurance

Emory provides basic life insurance at no cost to you. The value of the basic life insurance benefit is 1x annual base salary, with a minimum of $10,000 and a maximum of $50,000 (for active employees). Employees on Leave of Absence must first return to active status to qualify for the increase. Enrollment is automatic, but you must select beneficiaries.

Life insurance benefits are administered by The Standard Insurance Company.

 

arrow  Supplemental Life Insurance

Employees can also elect supplemental life insurance coverage in increments of $10,000, up to a maximum of $750,000. Coverage elected up to $500,000 at the time of your initial eligibility does not require Evidence of Insurability (EOI). EOI is required if:

During each benefits annual enrollment period, you can elect to increase your existing coverage up to $20,000 without satisfying EOI.


arrow  Supplemental Life Insurance for Spouse/Same Sex Domestic Partner (SSDP)

You can also elect supplemental life insurance coverage for your spouse/SSDP in increments of $10,000, up to a maximum of $500,000. Coverage elected up to $100,000 at the time of your initial eligibility does not require EOI. If you are increasing your existing coverage by more than $10,000, EOI is required. However, each year, during annual enrollment, you can elect to increase existing Spouse/SSDP coverage up to $10,000 without satisfying EOI. If you initially waived coverage, EOI is required.

 

arrow  Supplemental Life Insurance for Child(ren)

You can elect life insurance for your eligible child(ren) in increments of $2,000, up to a maximum of $10,000. If you initially waived coverage, no EOI form is required.

You can purchase supplemental life insurance for a spouse/SSDP or child(ren) without purchasing employee only coverage.

At age 70, supplemental life insurance coverage reduces to 65% of the original face amount; at age 75 it reduces to 50% of the original face amount.

 

Note: You can purchase supplemental life insurance for a spouse/SSDP or child(ren) without purchasing employee coverage.

At age 70, supplemental life insurance coverage reduces to 65% of the original face amount; at age 75 it reduces to 50% of the original face amount.