Life & Long-Term Disability Insurance

Provided by MetLife

Basic Life and AD&D:
Paid by the University, is a benefit for full-time employees working 30 or more hours per week. The life insurance coverage is equal to two (2) times the annual salary.

Additional Voluntary Life Insurance:
Available for the employee to purchase in $10,000 increments, up to 5 times an employee's annual salary. Guarantee Issue for newly eligible employees is $300,000 if under age 70.

Additional Voluntary Life Insurance

*Benefits will reduce 35% at age 65; Additional 15% of original amount at age 70; Additional 15% of original amount at age 75. Benefits terminate at retirement.
*The monthly rate per $1,000 of insurance is .1100

Dependent life insurance, is available in options of $10,000, $20,000 and $50,000, with or without AD&D is also available.  

Dependent Life Insurance

Long-Term Disability Insurance (LTD), paid for by the University, is a benefit that pays if an employee is sick or hurt and unable to work for 6 months, at the end of the 6 months the employee will begin drawing what equals 60% of their base pay.  The benefit will continue as long as the employee is disabled or age 65.  Each employee must be employed six months, before the Long-Term Disability benefit goes into effect. 

Employees may purchase a 3 month buy-up option, which will reduce the waiting period from six months to only three months before LTD benefits can begin.

Current full-time employees:  If increasing or adding coverage options, complete the Evidence of Insurability Form (EOI) and mail it to:

Metropolitan Life Insurance Company Statement of Health Unit
Statement of Health Unit
P.O. Box 14069
Lexington, KY 40512-4069

Forms can also be faxed or emailed:

Forms & Information: