Life Insurance - Dependent Life
Dependent Optional Life Insurance for Spouse and/or Children:
Regular, full-time employees may elect optional life insurance in the amounts of $5,000, $10,000, or $15,000* for spouses and/or eligible dependent children. This coverage is available without the employee being required to purchase optional life insurance.
Dependent Life Coverage |
Coverage Amount/ Monthly Cost |
||
Dependent Covered |
$5,000 |
$10,000 |
$15,000* |
Spouse |
$0.86 |
$1.72 |
$2.58 |
Children** |
$0.66 |
$1.32 |
$1.98 |
*$15,000 option available beginning July 1, 2012
** one rate for all eligible children