Life Insurance FAQ

The City provides all active full-time, senior management fellows, and temporary full-time employees with group term life insurance at no cost equivalent to one times their base salary rounded up to the next $1,000 increment up to a maximum of $300,000. This coverage includes Accidental Death and Dismemberment (AD&D). The amount of coverage will be updated to reflect the employee’s base salary as of January 1 of each year.

Yes. Full time employees may purchase supplemental life insurance. If you apply outside of your initial eligibility period (during the annual open enrollment period) coverage is subject to evidence of insurability and approval from the life insurance provider. Spouse and children options are available. The premium is age based. Coverage reduces to 65% at age 70.

Group supplemental life insurance includes benefits for accidental death and dismemberment and accelerated death benefits payable to the terminally ill.

Yes; if you are enrolled for life insurance, you are strongly encouraged to review your beneficiaries and update, if necessary, when you experience a change in status such as divorce, marriage and any other changes. You are also encouraged to list contingent/secondary beneficiaries in the event the primary beneficiary(ies) predeceases you. You may change your life insurance beneficiaries at any time by logging into your benefit portal.

Review the Standard certificates of coverage on the Benefits webpage or contact Standard toll free at 1-888-937-4783.