Click here to see information about 2024 benefits
Click here to see information about 2024 benefits
No one wants to think about accidents, illness or injury happening to themself or their loved ones. The health system offers several benefits to help you and your family be protected in the event of a worst-case scenario.
To help give you peace of mind, the health system provides benefits-eligible employees basic life insurance (group term life) through The Hartford. This benefit pays your beneficiary 1.5 times your annual salary (rounded up to the next highest $1,000), up to $1.5 million.
Cost to you: $0. The health system pays 100% of basic life insurance.
You may wish to add extra coverage, depending on your needs and circumstances. Buying supplemental life insurance for yourself, spouse and/or children adds an extra layer of protection to what the health system provides. You can only sign up for this benefit during the enrollment period.
Newly eligible employees may elect up to the Guaranteed Issue without evidence of insurability (EOI) when enrolling in coverage within 30 days of initial eligibility or status change of dependent (newly added spouse due to marriage). Any amounts over the Guaranteed Issue are subject to EOI.
Employee: Lesser of 5 times salary or $500,000 (increments of $5,000).
Guaranteed issue: $200,000.
Spouse: $100,000 not to exceed 100% of the employee amount of basic and supplemental life insurance (increments of $5,000).
Guaranteed issue: $30,000.
Dependent children: $5,000 or $10,000 (ages 2 weeks to 26 years). All amounts guaranteed.
Cost to you: To know your cost, click “Enroll Now”. You may only buy this coverage during benefits enrollment or with a qualifying life event.
Benefits-eligible employees have the option to buy whole life insurance through Boston Mutual for you, your spouse, children and/or grandchildren. In addition to providing death benefits to your designated beneficiaries, this coverage builds cash value that can be used while you are living. As long as premiums continue to be paid, your rate is guaranteed never to increase, and your benefit will never decrease.
Cost to you: Call the benefits help line at 888-494-9119 for more information. You can buy this coverage at any time of year.
This benefit is paid by the health system to help protect you and your family if you suffer a debilitating injury or die because of a covered accident. AD&D would give your beneficiary a payment equal to the employee’s basic life insurance amount.
Cost to you: $0. The health system pays 100% of basic AD&D insurance.
Supplemental AD&D provides employees extra protection in the case of an accident or death. You can purchase this coverage in increments of $10,000, up to $500,000 (or 10 times your salary, whichever is less).
Cost to you: To know your cost, click “Enroll Now”. You may only buy this coverage during benefits enrollment or with a qualifying life event.