Dependent Child Life Insurance
Dependent Child Term Life Insurance provides the opportunity for individuals to purchase term life insurance protection for their dependent children. For more information, read the summary plan description.
Coverage
Dependent child coverage is available in $5,000 increments to a maximum coverage of $25,000 per child.
Underwriting
Underwriting is never required for the Dependent Child Life Insurance plan.
Increase coverage
Employees may only change coverage during Open Enrollment or within 31 days of a qualifying change in family or employment status online via myHR.
Premiums
Monthly premium rate is $.128 per $1,000 of coverage. Please note that premiums are taken as an after-tax deduction from your paycheck.
Accessing the benefits enrollment platform
- Login to myHR (using your Net ID and Password)
- Select the “Benefits” tile in “myHR Self Service”
- Select “My Health Benefits Elections” (in the left-hand menu)
- Select “Get Started”