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Optional Group Life Insurance

Members covered under the VRS Group Life Insurance Program may purchase additional coverage through the Optional Group Life Insurance Program. If members elect optional group life insurance coverage, they also may cover a spouse and dependent children. Optional group life insurance provides benefits for natural and accidental death or dismemberment. Members pay the premiums through payroll deduction.

Optional Group Life Insurance Coverage Options
Option Select one of the following Member's Insurance Amount Not to exceed $750,000 Spouse Insurance Amount Not to exceed $375,000 Insurance Amount per Dependent Child At age 15 days
1 1 x compensation ½ x compensation $10,000
2 2 x compensation 1 x compensation $10,000
3 3 x compensation 1 ½ x compensation $20,000
4 4 x compensation 2 x compensation $30,000

Coverage for Member's Spouse

A member can cover a spouse for up to half the maximum amount of the member’s coverage, not to exceed $375,000. Coverage for the member’s spouse ends when the member’s coverage ends or if they divorce. If both the member and spouse are eligible to participate in the Optional Group Life Insurance Program, neither can buy additional coverage for the other.

Coverage for Dependent Children

Members can cover each dependent child who is at least 15 days old for $10,000, $20,000 or $30,000, depending on the coverage option the member selects for himself or herself. Coverage for dependent children ends when the member’s coverage ends or the child marries, becomes self-supporting, reaches age 21 or reaches age 25 as a dependent attending college full time. Coverage continues for dependent unmarried children who are disabled.

Proof of Good Health

Proof of good health (evidence of insurability) is not required if members enroll in the Optional Group Life Insurance Program within 31 days of their employment date. If members participate in the optional plan, they may add dependents within 31 days of a qualifying event, such as marriage or the birth or adoption of a child, without proof of good health.

Proof of good health (evidence of insurability) is required if:

  • Members apply after 31 days from their employment date.
  • Members wish to add their spouse or dependent child to their coverage after 31 days from their employment date or a qualifying event.
  • Members wish to purchase more than $375,000 for themselves.
  • Members wish to increase their optional life insurance coverage for themselves or their spouse.
  • The spouse's insurance amount is more than half the member's salary.

Questions About Coverage?

For more information, contact:

Joseph Chang - Richmond Office Manager
Minnesota Life
P.O. Box 1193
Richmond, VA 23218-1193
Toll-Free: 1-800-441-2258

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