Life and Long-Term Disability Insurance
The College contracts with The Standard to provide eligible employees with the following benefits:
The College provides Basic Group Term and Accidental Death and Dismemberment Insurance. View the benefit summary.
- Eligible employees are covered for two (2) times their base salary (rounded up to the highest $1,000), up to $700,000.
- Waiting periods vary based on employment classification. The College pays the full premium cost.
- Eligible employees must complete a Benefits Enrollment Form. Employees may change beneficiaries at any time.
- Coverage ends 31 days after an employee’s termination date or change to an ineligible status. Covered employees who lose coverage are eligible for the conversion option.
This benefit provides eligible employees monthly income continuation (60% of base salary) following six consecutive months of total disability, as well as the continuation of retirement contribution for those employees enrolled in the Matching Retirement Plan. View the benefit summary.
There is a six-month waiting period (from date of eligibility) for this benefit and the College pays the full premium cost.
Employees are also eligible for the Horizon Health Employee Assistance Benefit, in conjunction with their long-term disability coverage. The progam provides referrals, counseling, and advice for life challenges.