Sorry, you need to enable JavaScript to visit this website.

Group Term Life Insurance - Active Employee

Group Term Life Insurance - Active Employee
Print Friendly PagePrint Friendly PageSend PageSend Page

Life Insurance 

document  RESOURCES

 

Life and AD&D Benefits Video


Dearborn National Website

 


 

mail  CONTACT

Dearborn National CUSTOMER SERVICE
(866) 628-2606 

Claims Address: 
1020 31st Street 
Downers Grove, IL 60515-5591

Group term life (GTL) insurance can help ensure financial security for your family and loved ones upon your death. UT System, through the vendor Dearborn National, provides eligible employees with $20,000 basic GTL as part of the basic coverage package. Benefits-eligible employees enrolled in the UT SELECT Medical Plan are automatically enrolled in this basic coverage.

Regular benefits-eligible active employees also have the opportunity to purchase additional employee and dependent coverage at group rates.

Basic Group Term Life (GTL) Benefits

Basic group term life insurance in the amount of $20,000 is a part of the basic coverage package. Full time eligible employees enrolled in the UT SELECT Medical plan are automatically enrolled in the basic GTL at no cost and without Evidence of Insurability (EOI).

Voluntary Group Term Life Options

Coverage Level Benefit Amount
Employee Voluntary GTL (available with or without Basic GTL) 1 to 6 times Annual Compensation up to a maximum of $1,500,000
Dependent Voluntary GTL* $10,000 (Benefit amount for spouse and each eligible dependent child)
Additional Spouse Voluntary GTL* $15,000 or $40,000 in addition to the $10,000 Dependent Voluntary GTL

*Employee must be enrolled in Employee Voluntary GTL benefits in order to elect benefits for spouse and/or dependent children.

Active employees who participate in an alternative UT System health institution life plan are not eligible to participate in the Voluntary Group Term Life plan offered under Dearborn National.

Evidence of insurability (EOI) is required for:

  • Employee Voluntary coverage of 4, 5, or 6 times annual compensation elected within 31 days of initial eligibility;
  • Additional Spouse Voluntary GTL; or
  • Any amount of Employee Voluntary GTL added or increased after the initial 31 days of eligibility.

The dependent voluntary GTL premium provides coverage of $10,000 for each eligible dependent regardless of how many dependents are covered. Employee Voluntary GTL and Additional Spouse Voluntary GTL premium is based on the enrolled person’s age and benefit coverage level.

http://www.UTSystem.edu © 2014 The University of Texas System.
601 Colorado Street, Austin, Texas 78701-2982. (512)499-4200