The following life and AD&D insurance plans are for employees designated as Faculty or Administrative/Auxiliary staff. Not you? View Colorado State Classified employee life and AD&D plans on the State's website.
Basic Life Insurance
Colorado Mesa University provides group term life and accidental death and dismemberment (AD&D) to all benefits eligible Faculty and Administrative Staff through Lincoln Financial Group at no cost to the employee. Coverage is equal to 2x the employees basic annual earnings to a plan maximum of $400,000. The life amount reduces by 35% at age 70 and to 50% of the original amount at age 75. Colorado Mesa University pays the full premium of the group term life and AD&D policy.
Colorado Mesa University also provides dependent life insurance, at no cost to the employee of $2,000 for an employees spouse (under 70 years of age) and dependent children (ages 6 months to 26 years) and $100 for infants (live birth to 6 months).
Optional Life Insurance
Optional Life Insurance is also available through Lincoln Financial Group. Employees may choose to purchase up to 5x their annual base salary to a maximum policy of $500,000. You may also choose to purchase optional life insurance for your spouse up to $100,000 (not to exceed 50% of the employee's policy) and for dependent children in the amount of $10,000.