Basic life and AD&D
The City provides basic life insurance equal to $50,000 at no cost to you. Basic life is also available for your dependents in the amount of $1,000 per dependent and is employee-paid.
If you die as the result of an accident - on or off the job - your beneficiary will receive an additional benefit equal to your basic life insurance coverage amount.
You can also purchase supplemental coverage for yourself, your spouse or qualified domestic partner and/or your dependent children. You must elect supplemental life for yourself in order to elect it for
your spouse or qualified domestic partner and/or children. Rates are based on you and your spouse's age or you and your qualified domestic partner's age and whether you and/or your spouse or qualified domestic partner use tobacco products.
Life Insurance at a glance
||$10,000 - $300,000 (in increments of $10,000)
|Your spouse or qualified domestic partner
||$5,000 - $150,000 (in increments of $5,000), up to 100% of employee's supplemental life coverage amount
|Your children ages 6 months to 26 years
||$1,000 per child
|$10,000 per child
Adding or increasing coverage
During annual enrollment, you may increase your supplemental life coverage by $10,000 or $20,000, up to the guaranteed issue limit of $100,000, without answering any medical questions. If you add coverage or make any other changes to your or your spouse's supplemental life coverage, you must provide proof of good health and have it approved by Minnesota Life before any increase in coverage is effective. Proof of good health is not required for child life insurance.
If you are newly eligible and wish to elect more than the guarantee issue amount of $100,000 in coverage for yourself (or more than $30,000 for your spouse), you and/or your spouse will be required to provide proof of good health. Your coverage over the guarantee issue amount will not be effective until your proof of good health is approved by Minnesota Life. In addition, if you decline coverage when first eligible and then elect it later, you must provide proof of good health before coverage goes into effect.