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Participating in
Group Life Insurance

Cost of Coverage

Basic Life Insurance

The University pays the full cost.

Supplemental Life Insurance

You pay the full cost of your Supplemental Life Insurance at group rates. How much your coverage costs depends on the amount of coverage you elect and your age. You pay for the coverage through after-tax payroll deductions.

For a current list of rates, visit our web site at: http://hr.uchicago.edu or contact the Benefits Office.

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While this Summary Plan Description summarizes the major provisions of this plan, it does not provide you with every plan detail. The plan documents, which govern this plan, provide full details. If there are any discrepancies between this Summary Plan Description and the legal plan documents, the legal plan documents control.

 

 



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