Life/Accident Insurance

Michigan State University understands the importance of being prepared, even for the unexpected. That's why we offer you several different types of life insurance to help you through all of life's stages. 

Coverage and Eligibility Information

Change Your Beneficiaries

Frequently Asked Questions

Basic Employer-Paid Life Insurance

The Basic Employer-Paid Life Insurance program provides coverage equal to one year's base annual earnings up to a maximum of $50,000. Beneficiaries are those designated by the employee and may be changed at any time.

Policy and Procedures

Optional Employee-Paid Life Insurance

This program provides multiple options of term life insurance. Coverage may also be selected for spouse or OEI, and eligible dependents or OEI's dependents. Benefits are payable to the designated beneficiary in the event of death while the plan is in force. Beneficiaries are designated by the employee and may be changed at any time. The cost of the plan varies according to the plan selected.

Policy and Procedures

Voluntary Accidental Death and Dismemberment

This plan provides various amounts of coverage for accidental death or dismemberment or loss of sight whether in the course of business or pleasure. Optional family coverage is also offered. The cost of the plan varies according to the plan selected. Beneficiaries are those designated by the employee and may be changed at any time.

Policy and Procedures

Retiree - Over 65 Life Insurance Plan

Applies to Regular full-time faculty, academic and University support staff who were insured under the Employee-Paid Life plan prior to July 1, 1976, and have maintained continuous coverage in that plan.

Policy and Procedures

Travel Accident Insurance Plan

The benefit is payable in the event of accidental death, dismemberment, or loss of sight due to an accident while traveling on university business or approved activity. This benefit provides coverage up to a maximum amount of $50,000.

Policy and Procedures