Accident Insurance

This plan is designed to help take care of unexpected bills related to injury accidents (even sports-related) that occur every day. Accident insurance provides benefits for initial care, injuries and follow-up care that are a result of a covered accident. These benefits are not offset by health insurance benefits, and all payments are paid directly to you. A $100/year health screening benefit is also included. Polices are issued by Trustmark Insurance Company and are portable.

Cancer/Disease Specified Insurance

Regular full-time or regular half-time employees are eligible for Cancer/Disease Specified Insurance. On-call pool nurses with benefits-purchase eligibility may also enroll in this voluntary benefit, which is offered through American Heritage Life Insurance Company.

This plan is designed to help offset the indirect expenses associated with cancer or the other 29 specified diseases covered. The plan pays benefits directly to the person covered. A $100/year wellness benefit is also included. Premiums are paid on a pre-tax basis from your paycheck. Coverage is portable upon leaving the University.

Short-term Disability Insurance

Regular full-time or regular half-time employees are eligible. On-call pool nurses with benefits-purchase eligibility may also enroll in this voluntary benefit. 

The short-term disability plan has two options. The first option pays benefits after you have been away from work for 14 days due to illness, injury or pregnancy. The second option pays benefits after you have been away from work for 30 days due to illness, injury or pregnancy. Both plans pay benefits for up to six months. You select the amount of your monthly short-term disability benefit at enrollment. The monthly benefit you select can be no more than 60% (up to $6,000 per month) of your monthly earnings. You should update your coverage amount each year during Open Enrollment. Premiums are deducted on a pre-tax basis, and coverage is portable. 

Long-Term Care Insurance

Long-term Care Insurance provides coverage for long-term care expenses which are normally not covered by health insurance or Medicare. Covered services may be provided in a nursing home, assisted living facility or your home. Regular employees with at least a 0.5 FTE status or greater are eligibleGuaranteed issue policies are available within the first 60 days of employment for regular employees with a .75 FTE (or greater) assignment. Spouses, siblings, parents, grandparents and UK retirees are also eligible. The application process is simplified, and premiums may be payroll deducted. Coverage is provided by Genworth and is portable.

Universal Life Insurance

Regular employees with an assignment of 50 percent or more (0.5 FTE) are eligible. On-call pool nurses with benefits-purchase eligibility may also enroll in this voluntary benefit. This permanent type of life insurance is designed to be there for you in your retirement years. You may also purchase separate policies for your spouse and your children whether or not you elect coverage for yourself. The voluntary benefit is offered through American Heritage Life Insurance Company.

Universal life insurance offers these benefits:

  • Portability: If you leave the University or retire, you may take your universal life insurance coverage with you.
  • Cash Value: In addition to life insurance protection, universal life offers a cash value account. When you pay your premium, a portion of it goes to the cash value account and grows tax-deferred.
  • Simplified Underwriting: Coverage is easier to obtain due to fewer health questions.
  • Accelerated Benefits: If you or a covered dependent become terminally ill, a percentage of the death benefit may be received immediately.

Auto/Home Insurance

This voluntary benefit is offered for eligible employees with a minimum 20% assignment (.2 FTE) and to retirees through MetLife Auto and Home and allows you to take advantage of special group rates, policy discounts and convenient payment options such as payroll deduction. Other payment options are available. Premium payments are spread over the policy term with no interest charges or service fees. You may enroll in this voluntary benefit anytime. Employees and retirees also may apply to receive insurance coverage for Renter's Property, Landlord's Rental Dwelling, Recreational Vehicle, Boat and Personal Excess Liability (umbrella). Employees and retirees should compare coverage available through MetLife to other options in the marketplace to determine what coverage and insurance provider best meets their individual needs.

Pet Insurance

You are eligible for this program if you have an active assignment. This voluntary benefit is offered through Veterinary Pet Insurance (VPI). Pet owners may visit any licensed veterinarian, veterinary specialist or animal hospital in the world for treatment of many medical problems. Optional coverage is available for routine and preventive care. Rates are based on the age, species of the pet and the plan type selected. 

Contact

For more information on long-term care, universal life, short-term disability or cancer/specified disease insurance, you may contact The MPM Group, LLC at (859) 223-4973, or toll-free at (888) 388-1676 or visit www.thempmgroupllc.com.

For more information on auto and home or veterinary pet insurance, you may call 1-800-GET-MET8 (1-800-438-6388) or visit www.metlife.com/mybenefits.