Optional Term Life Insurance

 

Your medical plan includes $5,000 Basic Term Life Insurance and includes $5,000 of accidental death & dismemberment (AD&D) coverage.  You can buy more life insurance to protect your family in the event of your death.


Optional Term Life Election 1 or 2 (one or two times your annual salary) is available without Evidence of Insurability (EOI) if you enroll within the first 31 days of employment.  You can also apply for Optional Term Life election 3 or 4 (three or four times your annual salary) through EOI.


After your first month on the job, you can apply with EOI during Summer Enrollment or with a qualifying life event (QLE). Election 3 or 4 always requires EOI, coverage is not guaranteed. 

 

You pay a monthly premium for this coverage; premiums are based on your age and level of coverage. 


Life Policy Claim

Report a death to ERS. Beneficiary receives payment based on the employee's selection of life insurance while actively employed.

 

Insurance Links:
Optional Term Life Insurance
Administered by Minnesota Life, an affiliate of Securian Financial Group, Inc.

 

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MichelleMichelle Benvie
Assistant Director, Benefits and HR Support
(972) 599-3164
mbenvie@collin.edu


Benefits Team

Main Line: (972) 599-3152
benefits@collin.edu

TaraTara Rice
HR Generalist, Benefits
(972) 758-3849
Fax (972) 599-3156
tcrice@collin.edu

MiliMili Kim
HR Coordinator, Benefits
(972) 758-3886
Fax (972) 599-3156
mkim@collin.edu

VinnaVinna Cook
HR Generalist, Benefits (Part-time)
(972) 599-3152
Fax (972) 599-3156
vcook@collin.edu

 

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