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  • Own Your Benefits: Life Insurance Changes Effective January 1, 2024

Own Your Benefits: Life Insurance Changes Effective January 1, 2024

Highlight Event Date: 
Monday, December 4, 2023 - 8:00am

UNI’s term life insurance coverage is changing effective January 1. The new coverage amount for each eligible employee is determined by each individual's fringe benefit salary.

  • For those who make less than $84,000, their coverage amount will be two (2) times their annual fringe benefits salary, up to a maximum of $126,000.
  • For those who make more than $84,000, their coverage amount will be one and a half (1.5) times their annual fringe benefits salary, up to a maximum of $300,000.

This change provides a greater benefit amount for all eligible employees. Please remember to designate beneficiaries through Benefits Self-Service by choosing ‘My Beneficiaries’ when logging in.