Life Insurance

Emory provides basic life insurance to eligible employees at no charge. You also have the opportunity to purchase optional supplemental life insurance. Emory's life insurance benefit is administered through The Standard.

About Life Insurance Coverage

Basic Life Insurance (provided automatically)

The value of the basic life insurance benefit is 1x base annual salary, with a minimum of $10,000 and a maximum of $50,000 for active employees.

This benefit is automatically provided when an employee is eligible; there is no enrollment process.

Supplemental Life Insurance (optional)

You also have the option to elect supplemental life insurance coverage in increments of $10,000, up to a maximum of $750,000. Coverage elected up to $500,000 at the time of your initial eligibility does not require Evidence of Insurability (EOI).

EOI is required if:

You increase your existing coverage by more than $20,000*
You initially waive coverage when first eligible

* During each benefits annual enrollment period, you can elect to increase your existing coverage up to $20,000 without satisfying EOI.

Coverage for your spouse

You can elect supplemental life insurance coverage for your spouse in increments of $10,000, up to a maximum of $500,000. Coverage elected up to $100,000 at the time of your initial eligibility does not require EOI.

EOI is required if:

You increase your existing coverage by more than $10,000.*
You initially waive coverage when first eligible

* During each benefits annual enrollment period, you can elect to increase your existing spouse coverage up to $10,000 without satisfying EOI.

Coverage for your child(ren)

You can elect life insurance for your eligible child(ren) in increments of $2,000, up to a maximum of $10,000. If you initially waived coverage, no EOI form is required.

Note: You can purchase supplemental life insurance for a spouse or child(ren) without purchasing employee coverage.

Eligibility

For both Basic and Supplemental Life Insurance

Regular full-time or part-time employees scheduled to work 20 hours or more per week are eligible.
Full-time temporary positions on a six-month or longer assignment are eligible.

If you and your spouse are both employed by Emory, you cannot insure each other, and only one can insure the children.

Coverage begins on the date of hire or upon approval of Evidence of Insurability (EOI) if required.

Cost

Supplemental Life Rates
Age of Employee / Spouse	Monthly Rates Per $10,000
Less than 25	$0.39
25—29	$0.47
30—34	$0.62
35—39	$0.70
40—44	$0.78
45—49	$1.16
50—54	$1.79
55—59	$3.71
60—64	$5.07
65—69	$9.86
70+	$16.00
Dependent Children	Rate
Rate per $2,000 coverage	$0.34
At age 70, supplemental life insurance coverage reduces to 65% of the original face amount; at age 75 it reduces to 50% of the original face amount.

Example

Below is an example of how the cost for a supplemental life insurance policy is calculated for an employee, age 42, who elects a $100,000 supplemental life insurance policy:

Cost = ($100,000/$10,000) x .78 = $7.80 per month

How to Enroll

New Hires

New hires can enroll through Self-Service anytime during the first 31 days of employment. Enrollment after 31 days requires Evidence of Insurability (EOI).

Current Employees

If you waived coverage at the time of your initial eligibility, you can still enroll at any time throughout the year, but you will need to complete EOI:

Evidence of Insurability

If required, complete the online medical Evidence of Insurability (EOI) form. EOI must be approved by The Standard. Approval can take 6-8 weeks. Emory University's policy number is 647271. To inquire on your EOI status, contact The Standard at 866-756-8118.

Go to the online Evidence of Insurability (EOI) form

Designate a Beneficiary

Since Emory provides you with basic life insurance, you should designate a beneficiary even if you do not sign up for supplemental life insurance benefits.

Your beneficiary is the person(s) who will receive your life insurance benefits when you die. Your beneficiary can be one person or multiple people, charitable institutions or your estate.

Once named, your beneficiary remains on file until you make a change. If your family situation changes, you will want to review the beneficiaries on file and make updates if necessary. If you do not name a beneficiary, your life insurance benefits will be distributed in accordance with the policy.

Use Self-Service to designate or make changes your beneficiary at any time. View Step-by-Step Guide to Changing Beneficiaries

Making Changes

If you want to add coverage or increase coverage amounts throughout the year, you must first complete the online medical Evidence of Insurability (EOI) form. EOI must be approved by The Standard. Approval can take 6-8 weeks.

Emory University's policy number is 647271. To inquire on your EOI status, contact The Standard at 866-756-8118.

Each year, during annual enrollment, you also have the option to increase your existing coverage up to $20,000 and your spouse coverage up to $10,000 without satisfying EOI.