Participating in
Group Life Insurance

When Coverage Ends

Your group life insurance coverage ends on the date when:

You are no longer treated as employed by the University for any reason (See Conversion).

You are no longer a Benefits-Eligible Employee.

You waive coverage (applies to Supplemental Life Insurance only)

You stop paying direct-billed premiums (applies to Supplemental Life Insurance only).

The plan ends.

When You Retire

When you retire, your coverage under Basic and Supplemental Life Insurance ends. However, the University does provide a $1,000 life insurance benefit at no cost to Retired Employees.

Converting to an Individual Policy if Group Life Coverage Ends

You can convert your Group Life Insurance coverage to an individual policy when:

You are no longer a Benefits-Eligible Employee.

Your life insurance coverage is reduced due to age.

You are no longer treated as employed by the University for any reason.

Under the individual policy, you can buy up to the same amount of coverage you have under the Group Life Insurance Plan. You must apply within 31 days after your coverage under the group life insurance policy ends.

If you die during the Conversion Period but before you have applied for an individual life insurance policy, the insurance company will pay the life insurance amount that could have been converted. The amount will be paid to your Beneficiary. However, if you die after applying for an individual policy, the amount will be paid to the Beneficiary you named on your application for an individual policy.

Contact the Benefits Office for a conversion form.

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.