Spouse Term Life Insurance

Spouse Term Life Insurance provides the opportunity for individuals to purchase term life insurance protection for his or her spouse or partner.

Summary Plan Description PDF Document.

Coverage

  • Available in $10,000 increments.
  • Cannot exceed the employee’s total basic plus supplemental election.
  • Maximum of $500,000.

Coverage at Hire or Initial Benefits Eligibility

Upon hire employees are guaranteed coverage of $30,000 regardless of health status. If a new employee wishes to elect more than $30,000 coverage for his or her spouse, they must:

  1. Enroll online at $30,000, and
  2. Submit an Evidence of Insurability PDF Document form to the Benefits Division to apply for the additional amount.

Increase Coverage

After initial eligibility employees may increase coverage up to $30,000 within 31 days of a qualifying change in family or employment status without underwriting by completing the Benefits Change Form PDF Document. Coverage amounts greater than $30,000 require underwriting.

Changes during Open Enrollment require the submission of an EOI PDF Document and approval by the sponsoring insurance company.

Premiums

*Premium Rate per $1,000 of Coverage

Age

Rate

Age

Rate

To age 30

$.021

Age 55 through 59

$.217

Age 30 through 34

$.026

Age 60 through 64

$.288

Age 35 through 39

$.040

Age 65 through 69

$.445

Age 40 through 44

$.049

Age 70 through 74

$.712

Age 45 through 49

$.077

Age 75 through 79

$.712

Age 50 through 54

$.117

Age 80 and over

$.712