As an eligible medical and optometry resident, you are automatically enrolled in basic group life and accidental death & dismemberment (AD&D) insurance. This coverage is provided at no cost to you, and it begins immediately after you are hired.
This plan is underwritten by The Standard. The group policy number is 135262-G.
Life and AD&D insurance provides financial protection for you and your loved ones in the event of your death, an accident that causes dismemberment or loss of sight, or a terminal illness diagnosis.
Your coverage under this plan includes:
This term life policy pays a benefit of $20,000 to your named beneficiary if you pass away (benefit amount reduces beginning at age 65).
This policy includes an AD&D benefit equal to the amount of your basic life benefit. AD&D provides additional financial protection if you pass away or are dismembered in a qualifying accident.
The accelerated life benefit pays up to 75% of the basic life benefit amount in one lump sum if you have a terminal illness with a life expectancy of 12 months or less.
An additional benefit of $10,000 is available if you pass away in a car accident where an AD&D benefit is payable, and you are wearing a seatbelt at the time of the accident, as evidenced by a police report.
An additional benefit of $5,000 is available if you pass away in a car accident where the seat belt benefit is payable, and the air bag is deployed at the time of the accident, as evidenced by a police report.
Additional benefits are payable to your spouse and children to assist with higher education, trades training, and childcare expenses following your death.
Your basic life policy also includes comprehensive travel assistance through Assist America. They can help you and your covered dependents prepare for trips more than 100 miles away or abroad, providing pre-trip guidance (like visa requirements, security alerts, currency info) and support during travel emergencies. While away, they offer 24/7 assistance with locating medical providers, legal referrals, or replacing lost passports, medications, or credit cards. In serious situations, Assist America can also arrange and cover emergency evacuations, medical repatriation, or even return of family, pets, and vehicles when medically necessary.
Download the app and use reference number 01-AA-STD-5201 prior to traveling.
You can also request assistance 24/7 over the phone or by email:
This policy also includes access to the Life Services Toolkit, a library of online tools that can help you create a will, make advance funeral arrangements, and put your finances in order. After a loss, your beneficiary can consult experts by phone or in person and obtain other helpful information online such as grief support.
Access services to help you now: Visit standard.com/mytoolkit (username: assurance).
Access beneficiary services: Visit standard.com/mytoolkit (username: support) or call +1-800-378-5742.
To file a claim, download the form below and follow the instructions carefully. Make sure to include all required documents to avoid delays.
All claim forms and supporting documentation should be submitted directly to The Standard at the address listed on the form.
When your eligibility for this plan ends, typically due to separating from IU or transferring to an ineligible position, you have 31 days from the date your coverage ends to convert or port your policy to an individual plan.
Use group number 135262-G to complete one of the linked applications.
This option allows you to convert your group life and AD&D coverage to a personal term life policy. Term life insurance provides coverage for a specified term, typically 20–30 years. If you pass away during this term, your beneficiaries will receive a benefit payout from the policy.
To apply, complete the following steps within 31 days of the date your group life coverage ends:
This option allows you to convert your policy to a whole life insurance policy, regardless of your health, as long as you apply within 31 days. Whole life provides continued protection with premiums payable to age 100 and accumulates cash value that you can borrow against. Interest on the policy loan will accrue daily and will be at a fixed rate (subject to policy terms and applicable state law).
To apply, complete the following steps within 31 days of the date your group life coverage ends:
For additional details about actions you can take following transfer or termination, review the Benefits After Separation Guide.
INDIANA UNIVERSITYHUMAN RESOURCES
