life and ad&d

Life and Accidental Death &
Dismemberment (AD&D) Insurance

Life and AD&D insurance help provide for your beneficiary’s
well-being in the event of a serious accident or death.

basic life insurance

The Commonwealth offers $5,000 of Basic Life Insurance.

optional life insurance

You may buy additional coverage of up to eight times your annual salary, to a maximum benefit of $1.5 million. You pay the full cost of this benefit.

This is term insurance, which means that it is in effect for as long as you are eligible for coverage through your employment. It has no cash value.

Benefits are paid to your beneficiary(ies), so it is important to keep your beneficiary designation up to date.

Basic Life Insurance Rates

Monthly GIC Product Rates Effective July 1, 2020

Blank CellBlank CellMONTHLY GIC PRODUCT RATES EFFECTIVE JULY 1, 2020
FOR EMPLOYEES HIRED BEFORE JULY 1, 2003FOR EMPLOYEES HIRED ON OR AFTER JULY 1, 2003
20%25%
EMPLOYEE PAYS MONTHLYEMPLOYEE PAYS MONTHLY
BASIC LIFE INSURANCE ONLY – $5,000 Coverage

 

$1.30$1.63

Pre-Tax Premium
Deductions

Contact your payroll coordinator or the GIC with questions.

The Commonwealth deducts your share of basic life insurance premiums on a pre-tax basis. During Annual Enrollment, or when you experience a qualified status change as outlined on the pre-tax form, you may change the tax status of your premiums:

  • If your deductions are taken on a pre-tax basis, you may elect to have them taxed, effective July 1, 2020.
  • If your deductions are taken on an after-tax basis, you may switch to pre-tax effective July 1, 2020.

Optional Life Insurance

You must be enrolled in basic life insurance in order to be eligible for optional life insurance.

  • New State Employees: You may enroll in optional life insurance within 10 days of employment without providing evidence of good health.
  • Current Employees During the Year: State employees actively at work may apply for the first time or apply to increase their coverage at any time during the year. After you apply, you will receive instructions for completing a personal health application for The Hartford’s review and approval. The GIC will determine the effective date if The Hartford approves your application.
Non-Smoker Benefit

At initial enrollment or during Annual Enrollment, if you have been tobacco-free, you are eligible for reduced non-smoker optional life insurance rates. Tobacco-free means you have not smoked cigarettes, cigars or a pipe, used snuff or chewing tobacco or any nicotine delivery system for the previous 12 months. You will be required to periodically recertify your non-smoking status in order to qualify for the lower rates. Changes in smoking status made during Annual Enrollment take effect July 1, 2020.

Rates (Including AD&D)
MONTHLY GIC LIFE/AD&D PLAN RATES
- Per $1,000 of Coverage
ACTIVE EMPLOYEE AGESMOKER RATENON-SMOKER RATE
Under Age 35$0.10$0.04
35 – 44$0.12$0.05
45 – 49$0.20$0.07
50 – 54$0.33$0.14
55 – 59$0.53$0.21
60 – 64$0.79$0.31
65 – 69$1.45$0.70
70 and over$2.57$1.16

Current Employees with a Qualified Family Status Change

If you experience a qualified family status change during the year, you may enroll in or increase your optional life insurance amount without providing proof of good health. You must provide the GIC with proof of your status change within 31 days. Total option life insurance coverage is limited to up to four times your salary.

READY TO ENROLL?