What is voluntary life insurance

what is voluntary life insurance
    Use the Needs Estimator to estimate how much life insurance you should have.

Determine the cost of your life insurance by using the Premium Calculator .

Recognizing that individuals have different financial needs, The CSU provides eligible employees the opportunity to apply for Voluntary Life insurance for themselves and their families at competitive group rates. This is in addition to any employer-paid Basic Life insurance already in force.

Some features of your Voluntary Life insurance coverage include:

To access and print your Life Services Toolkit wallet card, please review the Flyer .

You may be eligible to purchase up to $1.5 million of Voluntary Life insurance for yourself, up to $750,000 for your spouse/domestic partner and/or $5,000, $10,000 or $20,000 for your children.

You can use the Needs Estimator to estimate how much Voluntary Life insurance you should have. Once you know how much Voluntary Life insurance you should have, find out how much it will cost by using the Premium Calculator .

For answers to commonly asked questions, costs, exclusions, limitations and reductions, please review the Voluntary Life Insurance Brochure and Certificate

.

For More Information

If you have additional questions about Voluntary Life insurance, or for more information about how to apply for this important coverage, please contact The Standard at 800.378.5745.

If you become ineligible for coverage through The CSU and have questions regarding conversion or portability of your Voluntary Life insurance, please contact The Standard at 800.378.5745.

It's Easy to Enroll

To apply for Voluntary Life coverage, simply use one of the options listed below.

  1. Complete the enrollment at www.standard.com/enroll. In addition, a dedicated call center is available to assist with your technical questions. You can reach The Standard’s Enrollment Assistance line at 866.623.0622. If you have additional questions or for more information about how to apply for this important coverage, please contact The Standard at 800.378.5745.
  • Complete the Enrollment Form and The California State University Payroll Deduction Authorization form and return them to The Standard at the following address.

    CSU Benefits Team

    Standard Insurance Company

    For answers to commonly asked questions, costs, exclusions, limitations and reductions, please review the Voluntary Life Insurance Brochure .

    Source: www.standard.com

    Category: Insurance

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