Life Insurance (Supplemental)
Employees working at least 800 hours per fiscal year are eligible to purchase Voluntary Supplemental Life Insurance beginning on the first day of the month following their date of hire. All employees are eligible for guarantee issue supplemental life insurance and AD&D insurance if they enroll within the first 30 days of their date of hire. “Guarantee issue” is defined as the option to purchase insurance without answering proof of good health questions.
The value of the supplemental life insurance can be up to 5 times your annual salary, up to a maximum of $500,000, whichever comes first. Supplemental life insurance is also offered to spouses/domestic partners and dependent children. Spouses/domestic partners are eligible for up to half of what an employee purchases for coverage; evidence of insurability may be required.
Upon termination from the University, employees are offered the opportunity to convert coverage to a non-group plan.
Maintained by webmaster@wpi.eduLast modified: November 12, 2008 08:55:01