Optional Life Insurance
Term Life offers a death benefit only. Premiums are age banded, which means the premiums increase as the insured grows older. The employee need not participate in order to purchase spouse coverage. Children's coverage is available as a term rider.
As part of the new contract between the state and Minnesota Life, state and higher education employees will be offered a one-time open enrollment opportunity to enroll or increase coverage in the optional group term life insurance program. Everyone who had Unum coverage has already been transferred to Minnesota Life and can take advantage of this opportunity to increase coverage. Eligible employees not already participating in this plan may enroll during this one time open enrollment period without providing proof of good health. This is an open enrollment period which will also allow your spouse to apply for coverage and you can add coverage for your children to your policy. Enrollment will be online from April 15 – April 28. If you need help enrolling, Minnesota Life’s Customer Service Center is open M-F from 7 am to 6 pm CT at 1-866-881-0631. View the brochure, which describes the benefits available to you, the premiums, and the online enrollment process.
The state has closed enrollment in the Optional Universal Life Insurance
coverage. Any existing policies will stay with Unum. If you are an owner of the Optional Universal Life Insurance, you will continue to contact Unum for any changes at 1-800-635-5597.