What Is Voluntary Life Insurance?
If you already have Basic Life Insurance through your employer, Voluntary Life Insurance is a smart way to boost your coverage. It’s an optional benefit that provides added financial protection for your loved ones—and it’s easy to manage, with premiums conveniently deducted from your paycheck.
Why Consider It?
Basic Life Insurance may not be enough to cover your family’s needs. Voluntary Life Insurance gives you the flexibility to:
- Increase your coverage to match your financial responsibilities
- Elect coverage for your spouse and children
- Ease financial burdens during life’s most difficult moments
It’s a wise way to steward your finances and ensure your loved ones are protected.
Coverage for Your Family
Why Cover a Spouse?
Even if your spouse doesn’t work outside the home, their contributions are significant. Voluntary Life Insurance can help cover:
- Funeral expenses
- Childcare costs
- Lost income or household support
- Time off work to grieve and adjust
Why Cover Children?
No one wants to think about losing a child, but having coverage can ease the financial burden during a difficult season. Voluntary Life Insurance can help cover:
- Funeral and memorial costs
- Counseling or support services
- Time away from work to grieve
Open Enrollment
Enroll for the first time or increase your coverage during Open Enrollment.
Eligibility
Active employees with medical package or approved as “Life & LTD Only.”
Voluntary Life Coverage Maximums
- Employee: $250,000 (can increase in $10,000 increments)
- Spouse: $50,000 (can increase in $5,000 increments)
- Child: $10,000 (can increase in $2,000 increments)
- Child under 6 months: $2,000
Updates in 2026
- Spouse and Child coverage: can match 100% of Employee coverage (previously capped at 50%)
- Employee and Spouse coverage: 50% reduction of benefit volume at age 70
- Spouse coverage: continues beyond age 70 (previously ended at 69)
- Child coverage: can increase in increments of $2,000 (previously $1,000) up to $10,000
Please complete your enrollment form by November 14.
