Skip Navigation

Policies

Life Insurance

Effective Date May 1, 2015

Applicable Employee Classes:

All Benefit Eligible ECLS's

Reviewed Date:

May 2015

Approved by:

Dr. T. Dwayne McCay, President

6.7 Life Insurance

The university provides life insurance to all benefit eligible employees at no cost. The life insurance coverage amount is equivalent to one times the employee's base salary, to a maximum of $150,000. This coverage includes accidental death and dismemberment. Each employee is encouraged to complete a beneficiary designation form. If at any time you wish to change your beneficiary, you should contact the Benefits Section of the Office of Human Resources and record the change on a new designation of beneficiary form, which can also be located on the Human Resources website at http://www.fit.edu/hr.