All full-time benefit eligible employees are provided Basic Life Insurance with Accidental Death & Dismemberment (AD&D) coverage, at no cost to the employee, at 1x their annual earnings (rounded to the nearest $1,000) at no charge. (Minimum $50,000; Maximum $300,000)
Supplemental Life Insurance (also known as as “Additional Life Insurance”) (Can only be increased/decreased during open enrollment or due to a qualifying event).
If you would like to add Supplemental Life Insurance coverage for yourself, your spouse, and/or your child(ren), please see the following increments below:
- For yourself: $10,000 to a maximum of $750,000
- For your spouse: $5,000 to a maximum of $500,000
- For your child(ren): $2,500 to a maximum of $20,000
Pre-approved Coverage Amounts: You can apply for Supplemental Life Insurance up to the maximums indicated above. Any increases to existing coverage or for those employees and/or spouses wanting to apply for coverage will be subject to an Evidence of Insurability (E of I) (medical history statement).
Documents
Basic and Supplemental Insurance Plan Summary (Includes rates and information on the Village's Basic and Supplemental Life Insurance for employees, spouses and children).
Securian Life Insurance Beneficiary Designation Form (Complete this fillable form to update your beneficiaries for Basic and Supplemental Life Insurance; form must be returned to Human Resources).
Securian Financial Lifestyle Benefits (Access to legal, financial and grief resources, travel assistance, legacy planning resources and beneficiary financial coaching).
Securian Financial Travel Assistance through Redpoint (Travel assistance services helps when unexpected and costly events happen on the road).