Tulane offers employer-paid Basic Life Insurance plus voluntary Supplemental Life and Accidental Death & Dismemberment (AD&D) options through The Standard. Highlights and coverage amounts are below; expand the drop-downs for eligibility notes and definitions.
Basic Life Insurance (Employer-Paid)
- Coverage for eligible faculty, staff, and Tulane University Medical Group (TUMG) members: 1.5 × annual salary, up to $50,000.
Supplemental Life & AD&D (Employee-Paid)
You may purchase additional coverage for yourself and your family.
| Benefit Type | Coverage Amount |
|---|---|
| Supplemental Employee Life Insurance | 0.5, 1, 1.5, 2, 3, 4, or 5 × annual salary up to $1,000,000 Guaranteed Issue (GI): 3 × annual salary up to $500,000 |
| Supplemental Spouse Life Insurance | Multiples of $10,000 from $10,000 up to $150,000 GI: $50,000 |
| Supplemental Child Life Insurance | $10,000 or $20,000 GI: $10,000 |
| Employee Supplemental AD&D Insurance | Multiples of $10,000 from $10,000 up to $500,000 |
| Dependent Supplemental AD&D Insurance (Dependents receive a percentage of your AD&D benefit) | Spouse Only: 60% | Child Only: 20% | Family: Spouse 50%, Child 15% |
TUMG Faculty Options
- Group Term Life: $150,000 (paid by TUMG).
- Supplemental Employee Life: increments of $50,000 up to $2,000,000 (GI: $500,000).
- Supplemental Spouse Life: increments of $50,000 up to $1,000,000 (GI: $100,000).
- Supplemental Child Life: $10,000.
Eligibility & Enrollment Notes
- To purchase Supplemental Life for a spouse/child, you must enroll yourself in Supplemental Employee Life.
- You pay 100% of the cost for supplemental coverage; age-related rates apply (see plan summaries).
- Evidence of Insurability (Statement of Health) is required if you elect over the GI amount.
- Age reductions may apply to life insurance amounts.
- AD&D may be elected independently; Supplemental Life is not required to purchase AD&D.
- If both spouses work for Tulane, you may not be covered under each other’s policy; dependents can be covered under only one policy.
- Both employees may list dependents as beneficiaries.
What Does Guaranteed Issue Mean?
Guaranteed Issue (GI) is the amount you can elect without providing Evidence of Insurability (Statement of Health). Elections during Initial Eligibility and Open Enrollment are approved up to the GI amount, unless previously denied by The Standard. Employees previously denied are not eligible to enroll or change their current election.
Tulane provides a separate death benefit to all university employees equal to one month’s gross salary, payable to your designated beneficiary. Visit hr.tulane.edu for details.
