Central Management Services (CMS) announces effective July 1, 2021, MetLife will be the new life insurance carrier for the state of Illinois Employees’ Group Insurance Program. Please watch for a mailing to your home address with a plan summary and additional information.
Rate Changes Effective July 1, 2021
Please be advised that employees enrolled in the program may experience a rate change to current optional life insurance coverage effective July 1, 2021, because of the carrier change. Below are details on the rate changes.
Member Optional Life Coverage
Optional life coverage is available in increments up to eight times base salary.
| Member Age | Monthly Rate prior to July 1, 2021, per $1,000 | Monthly Rate effective July 1, 2021, per $1,000 |
| Under 30 | $0.02 | $0.03 |
| 30 – 39 | $0.06 | $0.05 |
| 40 – 44 | $0.08 | $0.09 |
| 45 – 49 | $0.08 | $0.12 |
| 50 – 54 | $0.16 | $0.19 |
| 55 – 59 | $0.36 | $0.36 |
| 60 – 64 | $0.62 | $0.56 |
| 65 – 69 | $1.22 | $1.26 |
| 70 and Over | $2.02 | $2.06 |
Accidental Death and Dismemberment
Accidental death and dismemberment is available in increments equal to one times base salary or the combined amount of basic and optional life coverage up to five times current base salary. The monthly rate for this coverage will remain at $0.02 per $1,000 in coverage.
Spouse Life Coverage
Spouse life coverage is available in a lump sum amount of $10,000.
| Coverage Amount | Monthly Premium Prior to July 1, 2021 | Monthly Premium effective July 1, 2021 |
| $10,000 | $6.00 | $5.70 |
Child Life Coverage
Child life coverage is available in a lump sum amount of $10,000 per child. The monthly contribution applies to all dependent children regardless of the number of children enrolled.
| Coverage Amount | Monthly Premium prior to July 1, 2021 | Monthly Premium effective July 1, 2021 |
| $10,000 | $0.70 | $0.60 |
Medical Underwriting/Evidence of Insurability
Evidence of insurability is required for employees to add or increase optional life coverage or to add spouse life coverage. Evidence of insurability is not needed to add child life coverage or accidental death and dismemberment coverage.
Please note, if you recently submitted an Evidence of Insurability form to Securian Financial (Minnesota Life) to add or increase your optional life insurance, or to add spouse life coverage, and the underwriting process is not completed by June 30, 2021, you will receive notification that the coverage has been denied and you will need to submit a new Evidence of Insurability form to MetLife for processing.
If you would like to adjust your life insurance coverage or review the coverage you have in place, please log in to the MyBenefits website or contact the MyBenefits Service Center at 844-251-1777 or 844-251-1778 (TTD/TTY). Representatives are available Monday through Friday, 8 a.m. to 6 p.m.
Questions about this update should be directed to HumanResources@niu.edu.
Thank you for your service to the NIU community.
