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Employee Benefits

Life Insurance

Four different life insurance programs and one accidental death and dismemberment insurance program are available to eligible university employees. Each program offers some unique features and benefits. Review these programs carefully and make sure to take coverage appropriate to your current and future needs. If you miss your open enrollment opportunity, you may not be able to obtain the insurance if you need it later on.

State Group Life Individual & Family Group Life University Insurance Association (UIA) UW Employees Inc Accidental Death & Dismember (AD&D)

How much life insurance coverage do I need?

If you are young and have (or plan to have) a family, group term life insurance is an inexpensive way to protect your dependents. Coverage equal to five times your annual salary is not excessive, and you may need even more if your salary is low.

Some life insurance programs include extra benefits in the event of accidental death or certain injuries. If you travel frequently or have a hazardous job or hobby, you may want to buy more insurance specifically designed to cover accidental death and dismemberment.

When you no longer need to provide for your dependents or have significant savings and retirement benefits put aside, your need for term insurance may decrease. At older ages the cost of term insurance increases and you may want to reduce your coverage.

Do the life insurance programs build cash value?


No. They are all term insurance policies, which means that they will pay benefits only for covered events and only while the coverage is in effect. When insurance coverage ceases, there is no residual value.

How do the different programs compare?


Feature and Benefit Comparison

State Group Life

All state agencies participate and age is free at age 70 (age 65 if retired) at a reduced level if you meet the service requirements. The University contributes toward the premium.

Individual and Family Group Life Open to university employees and their spouses and children. Participants may annually increase coverage without medical evidence. The university does not contribute toward the premium.
University Insurance Association (UIA) Mandatory for UW faculty and academic staff who meet salary requirements. Coverage amount decreases with age. The University does not contribute toward the premium
UW Employees, Inc. Open to most university employees. Maximum coverage is $25,000, declining with age. Coverage is not offered to spouse or dependents. The University does not contribute toward the premium
Accidental Death & Dismemberment (AD&D) Open to most university employees. Pays benefits for accidental deaths or injuries as defined in the policy. The University does not contribute toward the premium.

Employer Contribution
State Group Life

65% of Basic (level 1) premium
35% of Supplemental (level 2) premium
0% of Additional (level 3, 4, 5) premium
0% of Spouse and Dependent premium

University Insurance Association (UIA) None
Individual and Family Group Life None
UW Employees, Inc. None
Accidental Death & Dismemberment (AD&D) None

Living Benefit Payments for Terminal Illness
State Group Life Yes
Individual and Family Group Life Yes
University Insurance Association (UIA) Yes
Accidental Death & Dismemberment (AD&D) Yes

Accidental Death & Dismemberment Benefit
State Group Life Yes
Individual and Family Group Life No
University Insurance Association (UIA) No
UW Employees, Inc. No
Accidental Death & Dismemberment (AD&D) Yes

Continuation of Group Coverage Available After Employment Ends

State Group Life Yes, for employees who meet a service requirement (generally must be at or near retirement age)
Individual and Family Group Life No
University Insurance Association (UIA) Yes
UW Employees, Inc. No
Accidental Death & Dismemberment (AD&D) Yes, at retirement

Conversion To A Permanent Plan After Employment Ends

State Group Life Yes
Individual and Family Group Life Yes
University Insurance Association (UIA) Yes
UW Employees, Inc. Yes
Accidental Death & Dismemberment (AD&D) Yes

What do I need to know about payment of death benefits?

If you do not designate a beneficiary or if your designated beneficiaries are not living at the time of your death, benefits will be paid according to the standard sequence specified in the plan brochure. The standard sequence of beneficiaries varies from plan to plan. You should contact your campus benefits office for the beneficiary designation form specific to your insurance plan.

See also: Change of beneficiaries

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