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Basic Term Life Insurance

Basic Term Life insurance coverage is included when you sign up for health coverage in the GBP. Employees receive a $5,000 policy. This coverage is not available to family members. The cost for Basic Term Life insurance is $2.22. The state contribution covers the total cost of the premium for a full-time employee.

Minnesota Life is the underwriter for Basic Term Life insurance.

You do not have to sign up for Basic Term Life insurance. Enrollment is automatic when you sign up for GBP health coverage. The policy will be effective when your health coverage begins.