Life Insurance Information
- Eligible employees are covered for two (2) times their base salary (rounded up to the highest $1,000), up to $700,000.
- Waiting periods vary based on employment classification. The College pays the full premium cost.
- Eligible employees must complete a Life Insurance Beneficiary Form. Employees may change beneficiaries at any time.
- Coverage ends 31 days after an employee’s termination date or change to an ineligible status. Covered employees who lose coverage are eligible for the conversion option.
Employees eligible for Life Insurance coverage are also eligible for a Travel Assistance Benefit through The Standard.