Administered by Standard Insurance Company,

The Montana University System employees and their beneficiaries have access to a new tool to address important life matters via The Standard's Life Services Toolkit. The Standard has partnered with Bensinger, DuPont & Associates (BDA) to offer a lineup of additional services that can make a difference now and in the future. Access The Standard's Life Services Toolkit

Optional Supplemental Life Insurance Eligibility:Woman running

This is an employee only benefit. If you enroll in Optional Supplemental Life Insurance, your cost depends on your age as of July 1 and the amount of coverage you select, as shown in the enrollment workbook. Remember, this cost is paid on an after-tax basis.

If you are not enrolling for the first time, other than new employees, you may increase one level of coverage during annual enrollment without having to submit evidence of insurability - if you are eligible and are in an active work status. You may also increase coverage more than one level; however, you will need to submit evidence of insurability for the increase above more than one level. Elections above $300,000 will always require evidence of insurability.

Dependent Life Insurance Eligibility:

Your spouse and unmarried child(ren) from live birth to age 26. Optional Dependent Life Insurance is designed to protect you against certain financial burdens (such as funeral expenses) in the event a covered dependent dies. You are automatically the beneficiary of any benefits that become payable. This benefit is paid with after-tax dollars. Employees may NOT cover other MUS employed family members. In addition, dependent children may not be insured by more than one member. You must enroll in employee supplemental life to be eligible for spouse or child/ren supplemental life elections.

Other than new employees, you may increase one level of coverage for spouse and child/ren without evidence of insurability during annual enrollment. Evidence of insurability is always required for spouse elections over $50,000. Spouse elections cannot exceed 50% of the employee election (i.e., employees elects $100,000 for self, spouse maximum is $50,000). Child/ren election amount cannot exceed employee election amount.