Part-time faculty members who are eligible for Modified Benefits are provided with the following life insurance coverage.
SU Sponsored Basic Life Insurance
The University provides basic life insurance in the amount of $10,000, at no cost to you. At age 65, the coverage reduces to $6,500. You may designate a beneficiary and update that designation at any time.
SU Sponsored Basic AD&D Insurance
The University provides basic accidental death and dismemberment coverage in the amount of $3,000, at no cost to you.
Supplemental Life Insurance
You may elect additional life insurance coverage in one of the following amounts: $10,000; $20,000; $40,000; $60,000; $80,000 or $100,000. Amounts over $20,000 must be approved by MetLife. Complete the Statement of Health form and send it directly to MetLife for review. Your coverage will become effective when Human Resources is notified of MetLife’s approval.
Supplemental life insurance premiums are paid through after-tax payroll deduction. Rates for supplemental life insurance are based on your age, and your cost will be automatically adjusted to reflect changes as needed.
|Employee Age||2018 Rates
Monthly Cost per Thousand
|Under age 25||$0.038|
|25 through 29||$0.045|
|30 through 34||$0.060|
|35 through 39||$0.068|
|40 through 44||$0.090|
|45 through 49||$0.128|
|50 through 54||$0.203|
|55 through 59||$0.360|
|60 through 64||$0.548|
|65 through 69||$0.953|
|Age 70 and up||$1.695|
Will Preparation Service
If you enroll in supplemental life insurance, you will also be able to utilize the Will Preparation Services through Hyatt Legal, a MetLife company.
- Will Preparation Service Overview [PDF]
- Will Preparation FAQ [PDF]
- Will Preparation Fee Schedule [PDF]
Dependent Life Insurance
You may purchase life insurance for your spouse or same-sex domestic partner and your child(ren). The amount of coverage on your spouse/same-sex partner may not exceed your own combined Basic and Supplemental coverage. A Statement of Health form will be required for your spouse/same-sex partner’s coverage if it exceeds $20,000. Premiums for dependent coverage are paid through after-tax payroll deduction. Rates for spouse/same-sex partner coverage are based on age, and will be automatically adjusted to reflect changes as needed.
|Spouse/Partner Age||2018 Rates
Monthly Cost per Thousand
|Under age 25||$0.05|
|25 through 29||$0.06|
|30 through 34||$0.08|
|35 through 39||$0.09|
|40 through 44||$0.12|
|45 through 49||$0.15|
|50 through 54||$0.23|
|55 through 59||$0.43|
|60 through 64||$0.66|
|65 through 69||$1.27|
|Age 70 and up||$2.26|
Children may be insured if they are unmarried, under the age of 26 and dependent on you for more than half of their annual support. They must not be eligible for coverage through their own employer, including as an employee of the University. However, if both parents work for Syracuse University, both may cover the same child. A Statement of Health is never required for children.
$10,000 per child
Premium Cost per Paycheck
|Paid Weekly, Fiscal Year||$0.15|
|Paid Weekly, Academic Year||$0.20|
|Paid Semi-Monthly, Fiscal Year||$0.32|
|Paid Semi-Monthly, Academic Year||$0.42|