Term Life Insurance and Optional AD&D

No one wants to think about the possibility of death, but it’s important that you ensure your family’s financial security in the event that something happens. Term Life insurance offers financial security for you and your family. Term Life Insurance is offered to eligible employees through two different vendors, UnitedHealthcare and Prudential.   

UnitedHealthCare (UHC)

LSU partners with UnitedHealthcare to provide you and your family with Term Life and Accidental Death and Dismemberment coverage at affordable rates. This coverage provides affordable financial security for your loved ones, especially when your family depends on your income. This coverage is offered to eligible employees, spouses, and child(ren). This benefit is 100% employee paid.

This plan provides guaranteed issue of coverage up to the lessor of 3 times your annual salary or $350,000, if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you can enroll anytime with Evidence of Insurability. Premiums are age-based and will adjust according to age. The coverage amount must be in increments of $10,000. For a listing of rates, please see the Premium Rate Sheet.

Once elected, you can designate your beneficiary in Workday.

Spouse coverage is available on a guaranteed issue basis for up to 50% of the amount of employee coverage, with a maximum of $100,000, if you enroll them within 30 days of your benefits eligibility or within 30 days from your date of marriage. If you do not enroll them within 30 days of their benefits eligibility, they can enroll anytime with Evidence of Insurability. Premiums are age-based and will adjust according to age. The coverage amount must be in increments of $5,000. For a listing of rates, please see the Premium Rate Sheet.

Beneficiary designation for spouse coverage is automatically listed as the employee.

You may elect child(ren) Life Insurance coverage in the amount(s) of $5,000, $10,000, $15,000 or $20,000 for each eligible dependent child – no medical information required. Dependent Child(ren) are covered from 14 days to 26 years of age. Premiums are based on the amount of coverage and will not adjust based on age. For a listing of rates, please see the Premium Rate Sheet.

Beneficiary designation for child(ren) coverage is automatically listed as the employee.

Prudential

OGB offers two fully-insured life insurance plans for employees and retirees through The Prudential Insurance Company of America (Prudential). LSU pays half of the life insurance premium for covered employees and retirees.

Basic Plan

The Basic Plan offers a flat $5,000 of coverage for employees/retirees. This amount cannot be adjusted. Spouses and child(ren) can also be covered at varying levels, listed below.

Option 1 Amount Option 2 Amount
Employee $5,000 Employee $5,000
Spouse $1,000 Spouse $2,000
Each child $500 Each child $1,000
Dependent life Employee pays $1.36/month Dependent life Employee pays $2.72/month

Coverage is guaranteed if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you and your spouse can enroll anytime with Evidence of Insurability. Dependent child(ren) do not require Evidence of Insurability. For a full listing of rates, please see the Official Schedule of Monthly Premium Rates.

Once elected, you can designate your beneficiary in Workday.

Basic Plus Supplemental Plan

The Basic + Supplemental Plan offers coverage of 1.5 times your salary, up to $50,000. This amount will adjust based on your salary. Spouses and child(ren) can also be covered at varying levels, listed below.

Option 1 Amount Option 2 Amount
Employee Schedule to a max of $50,000*
*Amount based on employee’s annual salary
Employee Schedule to a max of $50,000*
*Amount based on employee’s annual salary
Spouse $2,000 Spouse $4,000
Each child $1,000 Each child $2,000
Dependent life Employee pays $2.72/month Dependent life Employee pays $5.44/month

Coverage is guaranteed if you enroll within 30 days of your benefits eligibility. If you do not enroll as a New Hire, you and your spouse can enroll anytime with Evidence of Insurability. Dependent child(ren) do not require Evidence of Insurability. For a full listing of rates, please see the Official Schedule of Monthly Premium Rates.

Once elected, you can designate your beneficiary in Workday.


Accidental Death & Dismemberment (AD&D) Insurance

Basic and Basic Plus Supplemental Plans

  • Full-Time Employees
  • Eligible Retirees

If retired, coverage for AD&D automatically terminates on January 1 following the covered person’s 70th birthday. If the plan member is still actively employed at age 70, coverage terminates at midnight on the last day of the month in which retirement occurs.


To File a Life Insurance and/or AD&D Claim

Employee/family member needing to file a claim should contact the Office of Human Resource Management at 225-578-8200. 

LIFE INSURANCE and AD&D

UnitedHealthcare Customer Service:
1-888-299-2070

Policy #303972

VISIT UnitedHealthCare

Prudential Customer Service: 1-800-272-8451
Policy #33624-8

VISIT PRUDENTIAL

 

UHC FORMS & RESOURCES

Life Insurance can be added as a New Hire for guaranteed coverage or at any time with Evidence of Insurability.

insurance eligibility

list of qualifying events

benefit job aids and forms

SUMMARY OF BENEFITS

Change benefitS Job Aid

EVIDENCE OF INSURABILITY FORM

COVERAGE POLICY FOR EMPLOYEES

COVERAGE POLICY FOR RETIREES

BENEFICiARY FORM

BENEFICiARY JOB AID

PORTABiLITY FORM

CONVERSION FORM

Waiver of Premium

 

2021 UHC Life Insurance Resources

2021 Uhc Life Insurance Summary of Benefits

2021 uhc life insurance premium calculation sheet

prudential FORMS & RESOURCES

 Life Insurance can be added as a New Hire for guaranteed coverage or at any time with Evidence of Insurability.

insurance eligibility

List of Qualifying Events

benefit job aids and forms

EVIDENCE OF INSURABILITY FORM

certificate of coverage

enrollment kit

beneficiary form

PORTABILITY FORM

CONVERSION FORM