Basic Life and AD&D Insurance and Supplemental Life Insurance

What is Basic Life and Accidental Death and Dismemberment insurance?

Kent State University provides group term life insurance coverage of three times your annual salary up to a maximum of $225,000 to your surviving beneficiary(s) should something happen to you.  This benefit is eligible for full-time employees at NO COST to the employee through The Standard Insurance company.  

What is the cost for the Basic Life and Accidental Death and Dismemberment insurance?

The premiums are employer-paid; however, any amount of employer-paid insurance over the amount of $50,000 is subject to a taxation as IMPUTED INCOME under Section 79 of the Internal Revenue Code.  To calculate the imputed income, please review the imputed income example for better understanding of the imputed income cost versus the overall benefit.   If you choose to refuse the employer-paid basic life insurance, you must complete and submit the Life Insurance Waiver (PDF) form to Kent State University, Benefits Office, Heer Hall, Kent, OH  44242.

Do I need to designate a beneficiary?

Absolutely!  Doing so means they will likely have quicker access to the death benefit’s funds. Payment of any benefit shall be made to the beneficiary of record as of the date of loss.  This beneficiary designation may be changed at any time.  If you would like to make changes to your beneficiaries, download and complete the life insurance Beneficiary Change Form (PDF) and submit it to the Benefits Department located in Heer Hall - Kent Campus.  Beneficiary changes are not effective until received in the Benefits Department.

Is there an age reduction benefit like other insurances?

Yes, once an employee reaches the age of 65, reductions in the level of coverage begins.


Percentage of insurance retained

65 – 69


70 – 74


75 +


More detailed information can be reviewed in the Basic Life Insurance or AD&D brochure or visit The Standard Insurance Company website.

Can I purchase additional Basic Life and AD&D Insurance:

Full-time employees with at least a nine-month assignment who are covered by the Basic Life and AD&D insurance program may also elect to purchase additional group term life insurance protection for themselves a legally married spouse or eligible, registered domestic partner (same or opposite gender) and/or dependent children. This coverage is available through The Standard Insurance Company. The premiums for this additional life insurance are paid through payroll deduction with after-tax dollars.

Employees may elect additional life for themselves in units of one, two or three times their annual base pay, up to a maximum of $500,000.  If an employee elects coverage when first eligible, The Standard shall guarantee issue of amounts up to $200,000. Any amounts elected in excess of $200,000 will be subject to medical evidence of insurability (Medical History Questionnaire).

The monthly premiums and more information can be obtained by viewing the Standard Life Insurance Coverage Highlights (PDF).

Dependent Life Insurance for Spouse/Domestic Partner and Eligible Dependents:

Employees may elect supplemental dependent life insurance for their legally married spouse or eligible domestic partner in increments of $10,000, up to a maximum of $250,000, but not to exceed 100 percent of the amount of additional life the employee could elect.  If an employee elects Dependent Life insurance for their spouse/domestic partner when first eligible, The Standard will guarantee of amounts up to $20,000.  Any amounts elected in excess of $20,000 will be subject to medical evidence of insurability (Medical History Questionnaire).

Also offered through The Standard, a coverage amount of $10,000 for each eligible dependent children is available for only $1 per month--no matter how many children you have.

Monthly premiums and more information regarding Dependent Life insurance and enrollment forms can be viewed in the Standard Life Insurance Coverage Highlights (PDF).


Visit our voluntary supplemental insurances by clicking on the links below.