The Dependent Plan is available for your spouse or other qualified adult and any eligible children. You must be enrolled in the University Plan in order to enroll in the Dependent Plan. You, the university employee, are automatically the beneficiary for the Dependent Plan.
Dependent Plan Coverage Options
For your spouse or other qualified adult:
A new $100,000 coverage option will be available effective January 1, 2016.
For your dependent children (covers all children in the household age 15 days through the end of the month they turn age 26):
- $2,000 per child
- $5,000 per child
Enrollment is not automatic for the Dependent Plan. You must be enrolled in the University Plan for your dependents to be eligible for the Dependent Plan.
Enroll by completing the application form and returning it to SSC Benefits Transactions.
Your Spouse or Other Qualified Adult
Your spouse or other qualified adult can enroll in the Dependent Plan at any time. He or she will need to provide a satisfactory health statement. Coverage will go into effect when (1) the Dependent Plan application is received in the Benefits Office and (2) the health statement has been received and approved.
Your Dependent Children
No health statement is required to enroll children in the Dependent Plan. Children may be enrolled in the Dependent Plan at any time.
Dependent Plan coverage for newborns will go into effect at age 15 days or when the Dependent Plan application is received, whichever is later.
Dependent Plan Rates
If you are paid monthly, your premiums will be deducted from your monthly paycheck; if you are paid bi-weekly, your premiums will be deducted from your first and second paycheck of the month. Premiums are deducted on an after-tax basis.
|Covered Dependent||Coverage Amount||2015 Cost Per Month||2016 Cost Per Month|
|Spouse/OQA||$100,000||n/a (New for 2016)||$15.60|
|Children||$2,000 per child||$0.07||$0.10|
|Children||$5,000 per child||$0.17||$0.26|
The cost of coverage for children covers all eligible children in the household.
You do not need to designate a beneficiary for the Dependent Plan. You are automatically the beneficiary as the university employee. If both you and your dependent(s) die, life insurance will be payable to your survivors/estate in the following order: spouse/OQA, children, parents, siblings, estate.
Continuation of Coverage
If your dependent has been enrolled in the Dependent Life Insurance plan, you have the option to convert life insurance for your dependent when coverage ends.
You can terminate dependent coverage at any time. To do so, complete a withdrawal form.
Dependent Spouse/Other Qualified Adult Plan coverage terminates when the faculty or staff member retires, terminates employment with the university for any reason, or dies.
Dependent Spouse Plan coverage will terminate the date the faculty or staff member’s divorce is final.
Coverage for your eligible dependent child or children ends at the end of the month in which the child turns age 26.
You must complete a withdrawal form when you no longer have a child eligible for benefits. There is no continuation or conversion privilege for this coverage.
For More Information
Refer to the University Group Term Life Insurance Plans book complete information.