CU's life insurance policies can help provide for your family.

In addition to providing each eligible employee with a basic-term life insurance policyPolicyThe certificate of insurance issued by the insurance company to CU, which is identified by a policy number. at no cost, CU offers benefits-eligible employees the ability to purchase additional coverage.  

With each policy, benefits are payable to your named beneficiariesBeneficiary (ies)A person or an organization you name to receive death benefits. A beneficiary does not need to be a legal dependent.  in the event of your death. Benefits may also be payable to you (the covered member) for losses other than life including loss of hand, foot, sight, speech, hearing, paralysis or certain other losses caused by an accident. 

Dual Coverage:  A member may be insured as both a member and a spouse up to a maximum combined life insurance of $1,000,000.  A child may be insured by more than one member.

Click on a tile to learn more about each plan

Standard Insurance Company 
Call 1-800-628-8600 or visit the website.

Visit site

  Update and Manage Life Insurance Beneficiaries  

Life Insurance Policies - Standard Insurance Co. 

Policy issued to: Basic Term Life with Accidental Death and Dismemberment
CU pays premium
Automatic enrollment
Optional Term Life

Employee pays premiums
Policy maximum: $1 million
Voluntary Accidental Death and Dismemberment
Employee pays premiums
Policy maximum: $250,000
Employee $57,000 Faculty and University Staff

$50,000 Classified Staff
Guarantee Issue (approved amount): Up to 3 times salary, maximum $1 million

Over Guarantee Issue: medical history required
$10,000 to $250,000

No medical history
Spouse or Partner N/A Guarantee Issue: $50,000

Over Guarantee Issue: medical history required, maximum $500,000
(Cannot exceed employee’s amount)
$10,000 to $250,000

No medical history
(Cannot exceed employee’s amount)
Children N/A $5,000 or $10,000

No medical history
(Cannot exceed employee's amount)

No medical history
(Cannot exceed employee's amount)

  You know it's important, but how much insurance do you need?

The Standard can help! Their decision tool and calculator can help you determine whether you need more of a given type of insurance. This newfound knowledge can guide your decisions.

Get started