Optional Term Life Insurance provides life
insurance coverage up to four times your annual salary (maximum of $400,000).
You pay a monthly premium for this coverage; premiums are based on your age and
level of coverage. Optional Term Life Insurance is in addition to the Basic
Term Life insurance coverage provided with enrollment in health coverage. This
coverage is not available to family members.
You are eligible to sign up for Optional Term Life
Insurance at Election 1, 2, 3 or 4 while you are employed. For coverage at
Election 1 or 2, sign up during your first 31 days of employment and you will not need to complete evidence of
insurability (EOI). After this period, Life EOI is required to enroll. Coverage at
Election 3 or 4 always
requires Life EOI.
Your death must be reported to ERS to obtain the
instructions and forms required to file a claim for benefits. The forms are
sent to the designated beneficiary on file.
Minnesota Life is the insurer for Optional Term Life Insurance.
New Employee or
Recent Life Event?
Pays an additional AD&D benefit.
Your coverage may be continued without payment of any premiums if you are younger than 60 and become totally disabled for six continuous months or more.
200 East 18th Street Austin, TX 78701 ( map)
Toll Free (877) 275-4377
Relay Texas, TTY 7-1-1 or (800) 735-2989