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The
University of Wisconsin Employees Inc. is an employee-directed
nonprofit corporation founded in 1952 to provide affordable
decreasing term life insurance to University of Wisconsin
employees. Country Life Insurance Company is the insurance
carrier.
Eligibility
You must
be employed in the University of Wisconsin System holding
a one-third time or greater appointment and be eligible
for immediate or future employer contribution to the
State of Wisconsin health insurance program to participate.
Eligible positions include faculty, academic staff,
classified, graduate assistant and limited-term employees.
Enrollment
- You must
file an application
with your campus benefits office within 30 days of
your initial employment date.
- Coverage
is effective on the first of the month after the campus
benefits office receives the application.
- If you
miss your initial enrollment opportunity, you may
apply by proving evidence
of insurability.
Coverage
- Amount
of coverage ranges from $25,000 for employees less
than age 35 decreasing to $3,000 for employees over
age 64.
- No coverage
is available for spouse or dependents.
Premium
- Premiums
are calculated based on your age.
- The University
makes no contribution toward the premium.
Program
Features
- You may
convert your insurance to a permanent life insurance
policy without proving medical evidence if your coverage
terminates because you are no longer eligible to participate
in the group plan. The insurance company must receive
your completed application and your first premium
payment within 31 days of your policy termination
date.
Plan
Brochure
Plan
Certificate
Beneficiary
Designation
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This document was last
revised on November 19, 2008
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