Life & AD&D

Core Term Life and Accidental Death & Dismemberment Insurance is paid 100% by your employer. Additional Employee Term Life, Spouse Term Life, and Child Term Life options are also available and are paid 100% by the employee through semi-monthly payroll deductions. 

• Core Term Life and Accidental Death & Dismemberment Insurance Benefit is one (1) time the base annual salary rounded up to the next $1,000. The minimum benefit is $20,000, and the maximum benefit is $200,000.
• There is no charge to the employee for the Core Term Life and Accidental Death & Dismemberment Insurance Benefit, it is 100% employer-paid.
• The Core Term Life and Accidental Death & Dismemberment benefit is insured through Minnesota Life Insurance Company - A Securian Company.
• Our Securian Life Insurance policy includes free services related to travel assistance, legal assistance and legacy planning - called LifeSuite Services. Employees with core life or additional life insurance can access great benefits including 30 minute face to face consultations with attorneys, assistance replacing lost or stolen luggage, travel assistance, and Legacy Planning for yourself or a loved one.

Core Term Life Insurance

What Is the Core Term Life Insurance Benefit?

Core Term Life Insurance Benefit is one (1) time base annual salary rounded up to the next $1,000. The minimum benefit is $20,000, and the maximum benefit is $200,000.

When Must An Employee Complete A New Designation Of Beneficiary?

When an employee wishes to change their coverage level or beneficiary designation.

Is Evidence of Insurability Required for Core Term Insurance?

No.

What Are the Other Features of the Core Term Life Benefit Program?

Wavier of Premium, Right to Convert, Portability and Accelerated Benefits are detailed in your Certificate of Insurance.

At Age 75 Will Benefits Be Reduced by 50%?

No.

Is the Amount of My Core Life Insurance in Excess of $50,000 Taxable?

Yes. The premium on the amount over $50,000 is taxable, and included on your W-2 annually.

How Does An Employee Change a Life Insurance Beneficiary?

Log in to Benefit Express, click "Update my beneficiaries", and make the change.

Accidental Death and Dismemberment Benefit

What Is the Accidental Death and Dismemberment Benefit?

Payment for an accident which results in a Loss. Loss means loss of life, hand, foot, sight, speech, hearing in both ears, thumb and index finger of the same hand or quadriplegia, hemiplegia or paraplegia paralysis.

Are There Any Other Core Accidental Death & Dismemberment Benefit Features?

Yes. Additional benefits include seat belt, air bag, career adjustment, child care, higher education, line of duty, occupational assault and public transportation benefits.