Supplemental AD&D coverage provides an insurance benefit if you die or are dismembered in a qualifying accident. This coverage is in addition to the AD&D benefit automatically included with your IU-sponsored basic life insurance.
Full-time (75% FTE or greater) academic and staff employees (including IU residents) actively employed by IU are eligible to enroll in this plan.
Employees can also insure their spouse and dependent children (through age 25) under the family coverage option. Coverage for disabled dependents may be kept after age 25 if you provide proof of total disability within 31 days of their birthday. To be eligible for coverage, dependents cannot be full-time members of the armed forces of any country, cannot be insured by more than one employee, and cannot be insured as both an employee and a dependent.
The premiums for supplemental AD&D coverage are paid by the employee through pre-tax payroll deductions. You can find monthly premiums in the plan booklet.
Eligible employees can purchase coverage from $30,000 to $500,000. If family coverage is purchased, each family member’s coverage is a percentage of the benefit amount selected.
Employees may enroll in supplemental AD&D within 30 days of becoming eligible (typically your date of hire or date of transfer into an eligible position). After 30 days, enrollment in the plan may only occur during the annual open enrollment period. Outside of these enrollment periods, changes may only be made within 30 days of an IRS-qualifying life event.
Your enrollment is active as long as you're eligible and pay the premium. Coverage for dependents ends when they no longer qualify as dependents.
You can only terminate coverage during the annual open enrollment period, or within 30 days of certain IRS-qualifying life events.
Coverage otherwise ends when benefit eligibility ends, usually due to separation from IU employment or transferring to an ineligible position. A covered employee may port their coverage to an individual policy by submitting a completed portability application and the first premium payment to the policy underwriter, The Standard, within 31 days of the end of your group coverage.
To request the completion of the employer portion of the application contact IU HR at askHR@iu.edu or (812) 856-1234
It’s important to make sure that you have designated your beneficiaries for your life, retirement, and health savings plans. We recommend you review these decisions at least once a year and consider updating them when you experience a major life event—such as marriage or the birth of a child—or when you update your will or estate.
To file a claim, complete the Supplemental AD&D claim packet (English | Spanish) and submit it to The Standard at the mailing address listed on the form. Contact IU Human Resources at askHR@iu.edu to request completion of the Employer’s Statement.
INDIANA UNIVERSITYHUMAN RESOURCES
