It's Your Choice 2016
Wisconsin Public Employers Group Life Insurance Program
Administered by Securian Financial Group
Securian Financial Group
Group Life Insurance
The Wisconsin Public Employers Group Life Insurance Program provides group term life insurance coverage for state employees and local employees whose employers have elected to participate. Detailed information regarding this insurance may be found in the brochure Wisconsin Public Employers Group Life Insurance Plan (ET-2101). To submit these changes use the Life Insurance Application/Cancellation/Refusal (ET-2304) form.
There are three enrollment opportunities for the Group Life Insurance Program: (1) open enrollment, (2) enrollment due to family status change event or (3) enrollment under evidence of insurability.
The first enrollment opportunity occurs around your hire or rehire date. This open enrollment opportunity is limited to 30 days if you meet the eligibility requirements.
The second enrollment opportunity occurs when you have a family status change event. You may enroll for one level of employee coverage OR increase your employee coverage by one level if you have a qualifying family status change event. A family status change event includes marriage, establishment of a domestic partnership as defined in Wis. Stat. §40.02(21d), or the birth, adoption, placement for adoption, or award of legal guardianship of a dependent child. You must submit your application for increased coverage within 30 days of the family status change event.
The third enrollment opportunity allows for you to enroll in life insurance coverage outside of the above listed enrollment opportunities. If you provide Securian Financial Group with satisfactory evidence of insurability at your own expense and meet the eligibility requirements, you can enroll for the amount of coverage that best suits you and your beneficiaries’ needs.
Amount and Type of Life Insurance
The Group Life Insurance Program offers you coverage of up to five times your annual earnings, depending on when and how you enroll. For the Basic, Supplemental and Additional plans, one unit of coverage is equal to your highest prior calendar year’s earnings, rounded up to the next thousand.
*Local government employees: contact your employer to confirm the amount and type of coverage your employer offers. Local government employers may elect to participate in the Group Life Insurance Program, and may file a resolution to offer the Supplemental Plan and up to three units of coverage under the Additional Plan.
Employees should review the following benefits and options associated to the Group Life Insurance Program:
Termination of Employment
For details on how your life insurance amount changes when you reach age 65, 66 and 67, see the Group Life Insurance After You Terminate Employment (ET-4104) brochure.
Evaluate the amount of coverage that works best for you and your beneficiaries. Contact Securian with any inquiries or questions you have about enrolling in or changing the amount of coverage you have under the Wisconsin Public Employers Group Life Insurance Program.
This page was last modified on: 1/27/2016 9:45:51 AM