Life Insurance

Group Term Life Insurance with Accidental Death & Dismemberment (AD&D)

Salaried, benefits eligible employees receive the equivalent of their annual salary in group life insurance coverage, provided by The Standard. This coverage also includes accidental death and dismemberment (AD&D) insurance, identity theft protection, will preparation, and beneficiary assistance.

Supplemental Life with Accidental Death & Dismemberment (AD&D)

Salaried, benefits eligible employees may purchase supplemental life. See additional information about this benefit below:

• Employee coverage: Purchase additional coverage in multiples of salary, increments of 1x, 2x, 3x or 4x, up to the $500,000 maximum, with guarantee issue required over 3x salary
• Spouse coverage: Available in increments of $25,000 up to maximum $100,000, may not exceed employee’s coverage, with guarantee issue required for requests over $50,000
• Dependent Child(ren): Coverage for $10,000 up to age 26 at a rate of .120 per $1,000 of coverage, or $1.20/month; all eligible children are covered, and premium does not increase per child

Employee/Spouse Rate Variations (based on employee’s age)

Age	Rate per $1,000 in coverage	Reduction based on age
29 and under	$0.063	n/a
30–34	$0.068	n/a
35–39	$0.075	n/a
40–44	$0.101	n/a
45–49	$0.147	n/a
50–54	$0.210	n/a
55–59	$0.318	n/a
60–64	$0.468	n/a
65–69	$0.797	65%
70–74	$0.797	50%
75 and up	$0.797	35%

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Contact and Resources

• The Standard: 1.800.843.7979
• Insurance Estimator for UVA Employees
• Coverage Highlights
• Beneficiary Assistance
• Travel Assistance
• Identity Theft Assistance
• The Standard Life Insurance Policy Document