Dependent Life Insurance Overview

Dependent life insurance provided through Assurity Life Insurance offers you financial protection in the event of the death of your spouse or dependent child. Premiums are withheld on an after-tax basis.

Summary of Dependent Life Insurance Options

Issues to Consider

• New coverage applications for dependent children do not require proof of insurability. Coverage for dependent children may be added or increased at a later date with proof of insurability.
• Coverage for your spouse and dependent children ends when you attain age 70.
• Coverage for a dependent child ends at age 19 or age 24 if a full-time student.
• Your spouse and dependent children are eligible for coverage unless they are legally disabled on the effective date of coverage.
• If not legally disabled on the date your insurance is effective, you may cover your spouse for $10,000 (Option 2) without proof of insurability. Options 3 and 4, however, require your spouse to complete an Assurity Life Insurance Statement of Health form which is included in the appendix. Coverage for your spouse may be added or increased at a later date with proof of insurability.
• If you and your spouse both work for the university, you may not cover your respective spouse for dependent life insurance.
• Only one married spouse (when both work for the university) may cover dependent children.
• Dependent life insurance is not part of the NUFlex benefits program. Enrollment and/or changes will continue, however, to be conducted simultaneously with the NUFlex program as a matter of convenience for both you and the university.