Life and Accidental death & dismemberment (AD&D) Insurance
Michigan State University understands the importance of being prepared, even for the unexpected. That's why we offer you several different types of life insurance to help you through all of life's stages.
Coverage and Eligibility Information
Basic Employer-Paid Life Insurance
The Basic Employer-Paid Life Insurance program provides coverage equal to one year's base annual earnings up to a maximum of $50,000. Beneficiaries are those designated by the employee and may be changed at any time.
Optional Employee-Paid Life Insurance
This program provides multiple options of term life insurance. Coverage may also be selected for spouse/other eligible individual (OEI), and eligible dependents. Benefits are payable to the designated beneficiary in the event of death while the plan is in force. Beneficiaries are designated by the employee and may be changed at any time. The cost of the plan varies according to the plan selected.
Evidence of Insurability (EOI) Requirements
| Event | Employee | Spouse | Child |
| New Hire / Newly Eligible |
EOI is NOT required for amounts UNDER $500,000 EOI IS required for amounts OVER $500,000 |
EOI is NOT required for $10,000 OR $25,000 options EOI IS required for amounts OVER $25,000 |
EOI is NOT required |
| Annual Enrollment |
EOI IS required for all level increases |
EOI IS required for all level increases | EOI is NOT required |
| Salary Changes | EOI is NOT required | EOI is NOT required | EOI is NOT required |
|
Life Events (enrollment within 30 days) |
EOI IS required for all level increases | EOI IS required for all level increases | EOI is NOT required |
Voluntary Accidental Death and Dismemberment (AD&D)
This plan provides various amounts of coverage for accidental death or dismemberment or loss of sight whether in the course of business or pleasure. Optional family coverage is also offered. The cost of the plan varies according to the plan selected. Beneficiaries are those designated by the employee and may be changed at any time.
Retiree - Over 65 Life Insurance Plan
Applies to MSU regular, full-time, faculty/academic staff (FAS) and support staff (SS) who were insured under the Employee-Paid Life plan prior to July 1, 1976, and have maintained continuous coverage in that plan.
Travel Accident Insurance Plan
This benefit is payable in the event of accidental death, dismemberment, or loss of sight due to an accident while traveling on university business or approved activity. This benefit provides coverage up to a maximum amount of $50,000.
