Life (Securian)

The premiums are employer-paid; however, any amount of employer-paid insurance over the amount of $50,000 is subject to taxation as IMPUTED INCOME under Section 79 of the Internal Revenue Code. To calculate the imputed income, please review the imputed income example (PDF) for a better understanding of the imputed income cost versus the overall benefit.   

Open Enrollment is a great time to review and update your beneficiary if needed.  You can submit a new Beneficiary Form (PDF) to benefits@kent.edu at any time, or if you would prefer, you can fax it directly to our office at 330-672-5447, or even drop it off at Heer Hall, on the Kent Campus.

Yes, once an employee reaches the age of 65, reductions of the original value will begin. At age 65, the reduction is 65 percent of the original value. At age 70, the reduction is 50 percent of the original value, and at age 75+ the reduction is 35 percent of the original value.

Yes. Full-time employees who are covered by the Group Term Life and AD&D insurance program may also elect to purchase additional supplemental AD&D life insurance protection for themselves or a legally married spouse/registered domestic partner, and/or dependent children.  The premiums for this additional supplemental life insurance are paid through payroll deduction with after-tax dollars.

IMPORTANT NOTE:  In order to be eligible under the family coverage of the plan, the spouse/domestic partner cannot be eligible as an employee under the plan. Under this stipulation, the Supplemental AD&D must be enrolled on an individual basis. Should coverage be requested for a child of a family unit who is employed at Kent State, one may carry the Supplemental AD&D for family, but cannot cover the Kent State employed spouse/domestic partner under the family plan. For further details, please visit the certificate links below.

Employees may elect additional AD&D life for themselves in increments of $25,000 up to a maximum of $1 million.  No Evidence of Insurability (EOI) is required for this benefit.

Yes. Employees may elect Supplemental Group Term Life insurance for themselves of one to five times their annual salary to a maximum of $1 million. Also, employees may elect Supplemental Group Term Life insurance for their legally married spouse/eligible domestic partner in increments of $10,000, up to a maximum of $250,000, but not to exceed 100 percent of the amount of additional life the employee could elect. 

IMPORTANT NOTE: If your spouse/domestic partner is also an employee of Kent State, they are not eligible to be covered under the Supplemental Dependent Life Insurance. For further details, please visit the certificate links below. Any new enrollments or increases to your current supplemental group term life insurance will be subject to medical evidence of insurability (EOI).  The deadline for submitting an EOI for the Open Enrollment 2025 is November 22, 2024.  

Lastly, Supplemental Dependent Child Life Insurance is available for eligible dependent children under the age of 25 in the amount of $10,000 coverage for each eligible dependent child and is available for only $1 per month--no matter how many children you have. No EOI is needed for this benefit.  

IMPORTANT NOTE: If the spouse/domestic partner are both employed by Kent State, only ONE employee may enroll the child for the Supplemental Dependent Child Life Insurance. For further details, please visit the certificate links below.

Evidence of insurability (PDF) is an application process in which you provide information regarding your health or your dependent's health.  To complete the EOI for Securian, you will need to gather the information that is needed first. Review the EOI Instructional flyer (PDF) for step-by-step instructions along with the group policy number and access key.