Life Insurance & Asset Protection

NC State University offers a Voluntary Group Term Life Insurance plan through the UNC System to help employees and their family members have financial security in the event of a death. The UNC System offers a Voluntary Group Term Life and Accidental Dead and Dismemberment (AD&D) Policy partnering with Securian Financial. The Securian plan offers an added AD&D benefit for employee coverage of $10,000 for all eligible employees, at no cost.

Employees can choose to purchase Voluntary Group Term Life Insurance for themselves, legal spouses, domestic partner, and/or dependent children up to age 26.

Employee Eligibility

The Life Insurance Plan is a voluntary plan for eligible staff and faculty (SHRA/EHRA). Employees pay full cost for employee coverage in addition to any dependent coverage selected.

  • Employees who work at least 20 hours per week (.5 FTE) on a 9-month or greater recurring contract are eligible to participate.

Dependent Eligibility

  • Dependent Children are eligible for coverage up to the age of 26.
    • Employees may submit documentation to maintain coverage for disabled child(ren) over the age of 26. Contact the benefits team for assistance with this process.
  • Legal Spouses are eligible for the NCFlex coverage, Both Legal Spouses and Qualified Domestic Partners are eligible for Securian’s coverage.

Employees may elect to enroll in the Voluntary Group Term Policy within 30 days of their hire date, within 30 days of a qualified life event, or during annual enrollment each year. Changes to coverage can only be made during annual enrollment or within 30 days of a qualified life event (death, birth, marriage, divorce, etc.). If enrollment is completed outside of the newly hired initial 30-day eligibility period, medical underwriting/qualification will apply.

Coverage will end on the last day of the month in which your employment terminates, your employment status drops below eligibility criteria, or your dependent is no longer eligible.

UNC System Life Insurance

Plan Details

UNC Securian Life Insurance

The UNC System Securian Life Insurance & Accidental Death and Dismemberment (AD&D) plan is offered to all eligible NC State University employees (see above eligibility criteria). This plan provides coverage for employees, spouse/domestic partners and children. Deductions for this plan are taken on an after tax basis. Rates increase the following January 1 after a participant hits one of the five year rate bands. You may request coverage up to the maximum amount. The amount requested over the guaranteed issue amount is subject to approval by Securian and requires a statement of health.

    To help you understand how much supplemental life insurance to consider, try Securian’s life insurance calculator at

      Securian Life Insurance Summary and Rates
      Securian Coverage Certificate
      How to update beneficiaries online

        Coverage Amounts

        • Employee Coverage:  Multiples of 1x-8x salary up to a maximum of $1,000,000
        • Spouse/Domestic Partner Coverage: $10,000 or $25,000 up to $250,000.
        • Child Coverage: $10,000
          • All eligible dependent children are covered under one plan at the same premium amount.

        Guaranteed Issue

        As a new employee, within your first 30-days of being hired you may enroll in a guaranteed issue amount of coverage without a Statement of Health. During annual enrollment, or within 30 days of a Qualifying Life Event those already enrolled in Securian coverage may increase Employee-only coverage on a guaranteed issue basis by 1 times salary up to $500,000 as long as coverage has not been denied previously.

        • Employee Coverage: lesser of 3 times base salary, not to exceed $500,000
        • Spouse/Domestic Partner Coverage: $50,000
        • Child Coverage: $10,000 (no statement of health required)

        Evidence of Insurability

        Evidence of Insurability (Statement of Health), is required when an employee elects more than the guaranteed issue amount noted above.

        • Coverage elections greater than the guaranteed issue amounts
        • Elections made after 30-day new hire enrollment period, or elections made due to qualifying life event
        • Applicants previously denied coverage by Securian under this plan

        Continuation Options

        Securian Life Insurance, dependent term life insurance and voluntary group term life insurance coverage ends upon your termination from the university or loss of eligibility. You may be able to continue all or a portion of your insurance through portability or convert to an individual policy.
        Conversion vs. Portability

    Retirees have the option to continue coverage through Securian’s Voluntary Retiree Life Insurance Plan.
    VRL-Voluntary Retiree Life

Legal Financial and Grief Resources

Access professional services for a variety of needs, from legal matters and financial situations to coping with loss through comprehensive web and mobile resources as well as consultations. Securian Life Insurance includes resources such as will prep templates and free consultations by phone or in an attorney’s office. Click for more information on estate or will preparation service.

Lifestyle Benefits

Securian offers programs to help protect your financial wellness. You and your family can rely on a suite of additional tools, support, guidance and services to help make life a little easier. Lifestyle Benefit Flyer.

  • Legal, financial and grief resources
  • Travel assistance including pre-trip resources and support for emergency travel assistance
  • Legacy planning resources including end of life and funeral planning
  • Beneficiary financial coaching includes independent, objective and free financial coaching for beneficiaries


UNC System Life Insurance Rates

Monthly Cost of Coverage
Employee/spouse/domestic partner voluntary life insurance (rates/$1,000/month)
AgeEmployeeSpouse/Domestic Partner
Under 25$0.040$0.023
80 and over$1.830$1.813

UNC System Life Child(ren) Monthly Coverage Rates

  • $10,000: $.050 (Only one employee can insure an eligible dependent child – one premium covers all children)

Plan Documents