LIFE INSURANCE AND AD&D

UnitedHealthcare Customer Service:
1-888-299-2070

Policy #303972

VISIT UNITEDHEALTHCARE

Prudential Customer Service: 1-800-272-8451
Policy #33624-8

VISIT PRUDENTIAL

RESOURCES

Life Insurance can be added as a New Hire for guaranteed coverage.  

LIST OF QUALIFYING EVENTS

2021 BENEFITS GUIDE

 

PRUDENTIAL FORMS & RESOURCES

Prudential can only be added at annual enrollment and requires Evidence of Insurability.

EVIDENCE OF INSURABILITY FORM

CERTIFICATE OF COVERAGE

ENROLLMENT KIT

BENEFICIARY FORM

PORTABILITY FORM

CONVERSION FORM

CLAIM FORM

Term Life Insurance

No one wants to think about the possibility of death, but it’s important that you ensure your family’s financial security in the event that something happens. Term Life insurance offers financial security for you and your family. Term Life Insurance is offered to eligible employees through two different vendors, UnitedHealthcare and Prudential.   

Enrollment and Effective Date of Coverage

Timely Applicant: If enrolled within first 30 days of full-time employment, coverage will be effective the first of the month following the first full calendar month of employment. 

Late Applicant: If an employee did not enroll coverage within the 30 days of employment, enrollment can occur at any time, but an Evidence of Insurability Application (medical underwriting) must be completed. Effective date of coverage will be first of month after approval. 

 

UnitedHealthCare (UHC)

LSU partners with UnitedHealthcare to provide you and your family with Term Life coverage at affordable rates. This coverage provides affordable financial security for your loved ones, especially when your family depends on your income. This coverage is offered to eligible employees, spouses, and child(ren). This benefit is 100% employee paid.  

Beginning 1/1/2021, the AD&D rider associated with the life insurance will be discontinued. If you are interested in AD&D coverage, you can elect the stand-alone AD&D plan during Annual Enrollment or at anytime throughout the year. Additionally, the life insurance will be capped at 3 times annual salary or $350,000, whichever is less. Anyone currently enrolled with over 3 times annual salary or $350,000 will be grandfathered and allowed to keep that coverage. 

Employee Coverage

This plan provides guaranteed issue of coverage up to 3 times your annual salary or $350,000, whichever is less, if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you can enroll anytime with Evidence of Insurability. Premiums are age-based and will adjust according to age. The coverage amount must be in increments of $10,000. For a listing of rates, please see the enrollment form.

Once elected, you can designate your beneficiary on the enrollment form.

Spouse Coverage

Spouse coverage is available for up to 50% of the amount of employee coverage, with a maximum of $100,000, if you enroll them within 30 days of your benefits eligibility or within 30 days from your date of marriage. If you do not enroll them within 30 days of their benefits eligibility, they can enroll anytime with Evidence of Insurability. Premiums are age-based and will adjust according to age. The coverage amount must be in increments of $5,000. 

Beneficiary designation for spouse coverage is automatically listed as the employee.

Child(ren) Coverage

You may elect child(ren) Life Insurance coverage in the amount(s) of $5,000, $10,000, $15,000 or $20,000 for each eligible dependent child – no medical information required. Dependent Child(ren) are covered from 14 days to 26 years of age. Premiums are based on the amount of coverage and will not adjust based on age.

Beneficiary designation for spouse coverage is automatically listed as the employee.

 

Additional Life Insurance Benefits

Prudential

OGB offers two fully-insured life insurance plans for employees and retirees through The Prudential Insurance Company of America (Prudential). LSU pays half of the life insurance premium for covered employees and retirees.

Basic Plan

The Basic Plan offers a flat $5,000 of coverage for employees/retirees. This amount cannot be adjusted. Spouses and child(ren) can also be covered at varying levels, listed below.

Option 1 Amount Option 2 Amount
Employee $5,000 Employee $5,000
Spouse $1,000 Spouse $2,000
Each child $500 Each child $1,000
Dependent life Employee pays $1.36/month Dependent life Employee pays $2.72/month

Coverage is guaranteed if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you and your spouse can enroll anytime with Evidence of Insurability. Dependent child(ren) do not require Evidence of Insurability. For a full listing of rates, please see the Official Schedule of Monthly Premium Rates.

Once elected, you can designate your beneficiary on the form.

Basic Plus Supplemental Plan

The Basic + Supplemental Plan offers coverage of 1.5 times your salary, up to $50,000. This amount will adjust based on your salary. Spouses and child(ren) can also be covered at varying levels, listed below.

Option 1 Amount Option 2 Amount
Employee Schedule to a max of $50,000*
*Amount based on employee’s annual salary
Employee Schedule to a max of $50,000*
*Amount based on employee’s annual salary
Spouse $2,000 Spouse $4,000
Each child $1,000 Each child $2,000
Dependent life Employee pays $2.72/month Dependent life Employee pays $5.44/month

Coverage is guaranteed if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you and your spouse can enroll anytime with Evidence of Insurability. Dependent child(ren) do not require Evidence of Insurability. For a full listing of rates, please see the Official Schedule of Monthly Premium Rates.

Once elected, you can designate your beneficiary on the enrollment form.


Accidental Death & Dismemberment (AD&D) Insurance

Basic and Basic Plus Supplemental Plans

  • Full-Time Employees
  • Eligible Retirees

If retired, coverage for AD&D automatically terminates on January 1 following the covered person’s 70th birthday. If the plan member is still actively employed at age 70, coverage terminates at midnight on the last day of the month in which retirement occurs.


To File a Life Insurance and/or AD&D Claim

Employee/family member needing to file a claim should contact the Office of Human Resource Management at (504)568-7780.