Postdoc Life Insurance
Eligible postdoc employees will receive a $10,000 individual basic life insurance and accidental death & dismemberment policy at no cost when they apply for benefits
For any policy amounts above $10K or for dependents, you can purchase additional MetLife spplemental life insurance at affordable group rates for yourself, spouse/domestic partner & children.
If you do not want this policy, you can opt out as part of the regular benefits application.
Within 30 days of the start of employment, eligible postdoc employees who work at least 20 hours per week can elect to purchase optional, 100% employee paid supplemental life insurance for themselves, their spouse / domestic partner, and dependents. This purchased policy would be over and above the $10,000 life insurance and AD&D policy provided as a free benefit to all eligible Postdocs who have an active benefits application on file.
Benefit Highlights include:
You can purchase up to 5 times your salary to a max benefit of $500,000
Spouse & Domestic partner can purchase up to $100,000 (rates based on your age)
Dependent coverage can be purchased at increments up to $10,000
Your first $100,000 of coverage is without medical evidence, $25,000 for spouse, and $10,000 for dependents
Coverage is portable at group rates if you leave UMass
Free, face to face, will preparation service if you participate in the plan
How to Apply for No Cost $10K Basic Life Policy
Complete the regular benefits application at https://portal.hwtf.org/
If we do not receive a beneficiary form from you, there is a legal sequence of legal spouse, kids, parents, siblings, estate. This sequence would be followed if no beneficiary is designated or if the designated beneficiary is not alive at the time of a claim.
How to Apply for Supplemental Life Coverage above the $10K
1) Complete the benefits application and in the life insurance section, choose your coverage preferences.
2) Request a secure email by contacting us at firstname.lastname@example.org
3) Reply to the secure email with Form 1 if you are applying for less than $100,000 of coverage and/or your spouse is applying for less than $25,000 of coverage.
4) Form 2 is ONLY required for those applying for more than $100,000 of coverage. Completed form should be mailed or faxed to MetLife per directions on top of form.
Taking your Policy with You when you Leave UMass
The life insurance plan is portable at group rates, meaning you can take it with you when your tenure at UMass is complete. Contact MetLife for pricing after you leave employment.