Life InsurancePage address: http://www.mnsu.edu/hr/benefits/lifeinsurance.html
The State offers a basic life insurance in which you are automatically enrolled at the time you become a benefits-eligible employee of Minnesota state government. We also offer additional (supplemental) life insurance which you may purchase through SEGIP on an optional basis.
For more information you may contact the plan's customer representatives at:
400 Robert Street, Suite 1880
St. Paul, MN 55101-2015
Minnesota Management & Budget (MMB) also offers information on each of these plans at the following web site: https://web1.lifebenefits.com/grppd/MN006077/StateMinn1.do
The State pays the full cost of basic group term life insurance for employees who are eligible for either the full or partial employer contribution for health/dental coverage. The amount of basic life coverage is determined by the collective bargaining agreement or plan that covers your job, and is based on the amount of your annual salary.
If your job is covered by the Managerial Plan, Medical Specialist Addendum of the Commissioner's Plan, or the MnSCU Administrators Personnel Plan, the State offers an employer paid managerial life insurance benefit equal to 1 1/2 or 2 times your annual salary instead of basic life coverage. Check your personnel plan to determine the amount of your state-paid life insurance and your eligibility for employer-paid coverage.
Additional Life Insurance for Yourself and Your Spouse
You may purchase additional term life insurance for yourself and your spouse. Generally, you may purchase this insurance in increments of $5,000 up to a total of $500,000. Cost depends on your ages and the amount of coverage you purchase. The amount of coverage you may purchase may vary by collective bargaining agreements and plans.
You may purchase life insurance providing $10,000 of coverage for your insurance-eligible children or grandchildren. One child life insurance policy covers all of your eligible dependent children.
Coverage for newborns begins on the 15th day after birth. You may add child life insurance without evidence of good health within 30 days of the birth of a child or the placement of a child for adoption.
How much Life Insurance do I have?
The amount of basic or manager's life insurance is determined by the bargaining agreement or plan that covers your job, and is based on the amount of your annual salary. In addition to your basic or manager's life, you may have elected to enroll in additional employee, spouse, or child life insurance. Go to the Employee Self Service site http://www.state.mn.us/employee. Sign in. Click on "Benefits", then "Benefits Summary". This screen will show your current coverage.