Accident Insurance

92.1

Policy

It is the policy of the University to make group accident insurance coverage available for all regular full-time employees and other as designated by the University AdministrativeRegulations. The group accident insurance is intended to make available for employees and/or employee’s beneficiary(ies) a benefit in event of accidental death and/or dismemberment.

92.1.1

A regular full-time employee is eligible to enroll at the employee’s own expense in single or family coverage within the initial thirty (30) days of employment.

92.1.1.1

An eligible employee may also enroll within any period of open enrollment.

92.1.2

This plan provides accidental death and dismemberment benefits, as stated in the policy, for employees and their dependents (if family coverage is elected) twenty-four (24) hours a day anywhere in the world. this insurance plan is available to employees in multiples of five thousand dollars ($5,000.00) with a minimum coverage of ten thousand dollars ($10,000.00) and a maximum of one hundred thousand dollars ($100,000.00).

92.1.3

For family coverage purposes, an eligible dependent includes spouse and unmarried children under nineteen (19) years of age and unmarried children under twenty-three (23) years of age who are full-time students and dependent upon the employee for support.

92.1.4

Under the family plan, the dependent spouse is covered for one-half the principal sum for which the employee is enrolled and each eligible child is covered for one-tenth of the amount. Children of a covered employee without a dependent spouse are covered for one-fourth the principal sum for which the employee is enrolled under the family plan.

92.1.5

This insurance will cease upon termination employment, retirement, or death, and is not convertible to an individual plan. a dependent’s insurance also ceases at the time of the insured employee’s termination of employment, retirement, or death.

92.2

Delegation

Administration of the group accident insurance plan is a function of the Employee benefits Office.

92.3

Procedure

92.3.1

An employee seeking information about the accident insurance plan or desiring to enroll should refer to a current brochure or contact the Employee Benefits Office.

92.3.1.1

All enrollments are processed through and recorded by the Employee Benefits Office.

92.3.1.2

The Employ Benefits Office will forward contracts to employees acknowledging enrollment. This may take several weeks and does not impact the date the coverage becomes effective.

92.3.2

Premium payments for employees enrolled in this plan are accomplished through payroll deductions.

92.3.3

An employee going on leave(s) without pay must make special arrangements with the Employee Benefits Office to prepay the accident insurance premiums until active employment is resumed.

92.3.4

An employee may cancel or decrease the amount of coverage by written notification to the Employee Benefits Office; this change will be effective on the first day of the month following receipt of the request.

92.3.5

An employee who marries may apply for family coverage within thirty (30) days after the marriage.