Life and AD&D Insurance
Employer-Paid Basic Group Term Life Insurance and Accidental Death and Dismemberment Insurance
Basic Life and AD&D Insurance coverage is automatic and provided at no cost to eligible employees in Units 1, 2, 3, 4, 5, 7, 8, 9, 11 (TA's only), C99, M80, and M98.
Note: The IRS permits an employer to provide tax-free life insurance of up to $50,000. You will incur an income tax liability for employer-paid insurance in excess of $50,000, based on your age, at the end of the taxable year. Those employees, who do not want the additional tax liability, may waive the excess coverage at any time, on a prospective basis, by completing a waiver. Such a waiver is irrevocable for the remainder of your employment with the CSU.
Standard Life Insurance Company
1-800-378-5745
http://www.standard.com/mybenefits/csu/index.html
Life and AD&D Group Number: 603267-C
FrontierMEDEX Travel Assist Group Number: 7088
Voluntary Life and AD&D Insurance