Office Of Human Resources

Group Life Insurance

Le Moyne College provides Group Life Insurance coverage to all full-time employees. The premiums are paid in full by the institution. Coverage becomes effective on the first of the month following hire date and is 2 1/2 times the base salary rounded to the next higher $1,000, to a maximum of $350,000. There is a 35% reduction at age 65 and a 50% reduction at age 70.

A beneficiary is designated by the employees. In the event of an insured person's death, an application for benefits is processed by the designated beneficiary through the Office of Human Resources.

Coverage under this plan ends after termination of employment. The employee has an option of converting the policy to an individual policy without a medical examination. Contact the Office of Human Resources for further information.

Le Moyne College Group Life Insurance Plan