Supplemental Life Insurance

Full-time faculty and staff can purchase Supplemental Life Insurance of up to five times your benefits base salary. This supplements your Basic Life Insurance. Your combined Basic and Supplemental Life Insurance cannot exceed $1,300,000.

Coverage and Cost

You can purchase Supplemental Life Insurance, in increments of one-half your benefits base salary, for up to five times your salary.

You can elect any amount you want (up to the maximum allowable coverage) when you’re hired or become newly eligible for full-time benefits. After your initial election, you can only increase your insurance by the amount of your benefits base salary once in a plan year (July 1–June 30). So, if you start with Supplemental coverage twice that of your base salary, it would take three years to increase it to five times your salary. Take this into account when considering your initial Supplemental Life Insurance coverage.

If your Supplemental Life Insurance coverage exceeds $750,000, you must provide evidence of insurability (EOI) to the insurance company; you may prefer to limit your coverage so you don't have to submit an EOI. Your combined Basic and Supplemental Life Insurance cannot exceed $1,300,000.

You pay for Supplemental Life Insurance with after-tax dollars; the cost of coverage is based on your age and the amount of coverage you elect.


Contact the Benefits Solution Center


The table below shows the cost per $1,000 of coverage for each age range.

Age as of July 1Rate Per $1,000 of Coverage
Under 30 $0.028
30 - 34 $0.037
35 - 39 $0.042
40 - 44 $0.046
45 - 49 $0.069
50 - 54 $0.106
55 - 59 $0.198
60 - 64 $0.300
65 - 69 $0.576
70 - 74 $1.043
75 and over $1.151