Life Insurance

Life insurance is one of Ball State’s mandatory ancillary benefits, with pretax premiums subsidized 75 percent by the university.

• Life insurance provides a death benefit to your designated beneficiary or beneficiaries.
• Your benefit amount, up to a maximum of $125,000, is calculated using this formula:
  • (your base salary) x 103 percent x 2
  • round to the nearest thousand
• The employee's premium share is $0.066 per $1,000 of coverage.
• Active employees will have their coverage reduced by 40 percent on the July 1 after their 66th birthday.
• An accelerated death benefit is available. It lets employees with a life expectancy of 12 months or less collect up to 80 percent of their life insurance benefit before death.
• Coverage can be converted if it ends for any reason other than nonpayment of premiums.
• The plan includes free access to The Hartford's Beneficiary Assist Services, EstateGuidance Will Services, Travel Assistance and ID Theft Protection Services, and Funeral Planning and Concierge Services.

Accidental Death and Dismemberment (AD&D) insurance is one of Ball State’s mandatory ancillary benefits, with pretax premiums subsidized 75 percent by the university.

• The benefit amount is the same as the life insurance coverage amount for death or loss of both hands or both feet, any combination of foot, hand, or sight in one eye or sight in both eyes due to an accident.
• Employees losing one hand, one foot, or sight in one eye due to an accident will receive half of their benefit amount.
• The employee's premium share is $0.004 per $1,000 of coverage.

• Life Insurance, AD&D and Long Term Disability Benefit Certificate (PDF)—For faculty and professional employees
• Life Insurance, AD&D and Long Term Disability Benefit Certificate (PDF)—For staff and service employees
• The Hartford's Beneficiary Assist (PDF)—Provides you, your eligible beneficiaries, and immediate family members with unlimited 24/7 phone access to counseling services provided by ComPsych. Services include legal advice, financial planning, and emotional counseling for up to one year from the date a claim is filed and up to five face-to-face sessions or equivalent professional time for one of these services or a combination.
• The Hartford's Ability Assist Counseling Services (PDF)—Provides you and your dependents with professional support for everyday issues like job pressures, relationships, retirement planning, or personal effect of grief, loss, or a disability. Face-to-face counseling sessions are available, as well as counseling by phone for legal and financial issues.
• The Hartford's EstateGuidance Will Services (PDF)—Provides you with the tools to create a simple, legally binding will quickly and conveniently online, saving you the time and expense of a private legal consultation.
• The Hartford's Funeral Planning and Concierge Services (PDF)—Provides you and your dependents assistance with funeral planning issues, including a claims payment service that can deliver benefits to your beneficiaries in as little as 48 hours.
• The Hartford's Travel Assistance and ID Theft Protection Services (PDF)—Provides you and your family travel assistance including emergency medical resources, pretrip information, and emergency personal services. It also provides ID theft prevention services, detection services, and resolution guidance and assistance.