Spouse Term Life Insurance
Spouse Term Life Insurance provides the opportunity for individuals to purchase term life insurance protection for their spouse or partner. For more information, browse the summary plan description.
Coverage
- Available in $10,000 increments.
- Cannot exceed the employee’s total basic plus supplemental election.
- Maximum of $500,000.
Coverage at hire or initial benefits eligibility
Upon hire, you are guaranteed coverage of $30,000 regardless of health status. Staring January 1, 2025, the guaranteed coverage will be $50,000. If you wish to elect more than $30,000 in 2024 or $50,000 in 2025 of coverage for their spouse, you must complete Evidence of Insurability (EOI).
For coverage starting in 2024: After enrollment, you will receive an email at your personal email address from Dearborn/BCBS in 7 -10 days which will include a link to apply for the EOI, which you should complete within 7 days. When EOI is required, to evaluate your request a valid social security number is required for you and/or your dependents to complete the underwriting process.
For coverage starting in 2025: After enrollment, you will be prompted in the system to complete EOI with MetLife. You will be taken to MetLife's secure portal to complete this request. When EOI is required, to evaluate your request a valid social security number is required for you and/or your dependents to complete the underwriting process.
Increase coverage
After initial eligibility, you may increase coverage up to $30,000 within 31 days of a qualifying change in family or employment status without underwriting online via myHR. Coverage amounts greater than $30,000 require underwriting.
Changes during Open Enrollment require the submission of an EOI and approval by the sponsoring insurance company. After enrollment, you will receive an email at your personal email address from Dearborn/BCBS in 7 -10 days which will include a link to apply for the EOI, which you should complete within 7 days.
Premiums
*Premium Rate per $1,000 of Coverage
**Please note that premiums are taken as an after-tax deduction from your paycheck
| Age | Rate |
|---|---|
| To age 30 | $0.021 |
| 30 to 34 | $0.026 |
| 35 to 39 | $0.040 |
| 40 to 44 | $0.049 |
| 45 to 49 | $0.077 |
| 50 to 54 | $0.117 |
| 55 to 59 | $0.217 |
| 60 to 64 | $0.288 |
| 65 to 69 | $0.445 |
| 70 to 79 | $0.712 |
| Age 80 and over | $0.712 |
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”