Voluntary Life Insurance

Bethel University offers participation in a voluntary term life insurance program. The coverage is provided by USAble Life. Employees can elect coverage in increments of $10,000 up to a maximum of $150,000.

Eligibility:

Full time Faculty & Staff (excluding Facilitators)

Waiting Period:

First of the month following or coincidental with date of hire

Contribution Schedule

Voluntary Employee Life Insurance
Employee Age Band	Employee Rate per $10,000 Per Pay Period
0-29	$0.40
30-34	$0.45
35-39	$0.60
40-44	$0.95
45-49	$1.65
50-54	$2.45
55-59	$3.70
60-64	$6.05
65-69	$10.95
70-74	$15.50
75-79	$33.45

Example: Coverage Amount/10,000 x rate = premium (per pay period)

Voluntary Spouse Life Insurance
Coverage based on Employees age	Employee Rate per $5,000 Per Pay Period
0-29	$0.20
30-34	$0.23
35-39	$0.30
40-44	$0.48
45-49	$0.83
50-54	$1.23
55-59	$1.85
60-64	$3.03
65-69	$5.48

Helpful Resources

USAble Life Contact

www.usablelife.com

1-800-370-5856

To submit a claim or change your beneficiary, Contact Marissa Griggs:

Phone: 731-352-6958
Fax : 731-352-4017
email: griggsm@bethelu.edu

USAble Evidence of Insurability Form