Life Insurance

Voluntary Accidental Death and Dismemberment Insurance (AD&D)

You can buy voluntary AD&D insurance to give additional protection if the employee or employee’s covered dependent’s death or dismemberment is due to an accident. This is in addition to the basic AD&D coverage. The employee will pay the full monthly premiums. Enroll and keep the beneficiary information current in Edison.

• Employee coverage includes a choice of these five amounts: $50,000, $60,000, $100,000, $250,000 or $500,000.

• Dependent enrollment is based on coverage tiers [spouse only, spouse + child(ren), or child(ren) only]. During Annual Enrollment, dependents may be removed or added for this coverage via Edison ESS.

• Dependent voluntary AD&D coverage amounts are a percentage of the employee’s voluntary AD&D coverage amount. The coverage tiers are spouse only (60%), spouse enrolled with child(ren) (40%) and child(ren) (10% per child).

• Dependent premium rates will be per $1,000 of total dependent coverage.

• Benefits will be paid for dismemberment if the loss occurs within 180 days of the accident, provided the employee or dependent was covered on the date of the accident and met the established criteria. Accident could occur at work or elsewhere.

• Coverage is available at low group rates and enrolling in voluntary AD&D never requires answers to health questions.

• Premiums will be for the coverage level the employee selects.

Additional benefits include:

• Adaptive home and vehicle

• Payment if insured lapses into a coma (lasting at least 31 days) as a result of and within one year of a covered injury

• Repatriation

For more information, visit the Securian Financial (MN Life) Member Handbook and/or the Securian Financial website.

Voluntary Term Life Insurance

Apply for or increase coverage and update beneficiaries on the Securian website.

If qualified, employees can buy additional voluntary term life insurance for themselves, their spouse and their children. Enrollment is not automatic. An employee must apply for this coverage, and this insurance is in addition to the employee basic term life and basic accidental death and dismemberment insurance. The employee’s spouse may apply for enrollment in this coverage even if the employee does not enroll. A child term rider may be added to the employee’s or spouse’s certificate, but not to both. If the employee’s spouse is also a state employee, the spouse must apply for coverage as an employee, not as the other employee’s spouse.

New Hires: 

• Guaranteed issue voluntary term life insurance coverage with no medical questions asked for an employee is available if the employee enrolls during the first 30 calendar days of employment. Voluntary term life coverage will become effective on the first day of the month following three full calendar months of eligible employment. Newly eligible spouses can enroll within 30 days of first becoming eligible in $5,000 of coverage without answering medical questions (guaranteed issue).

• The employee or spouse's monthly premium will go up if the voluntary term life insurance amount is increased or the employee or spouse moves into a higher age bracket as of Jan. 1.

• A child term life insurance rider may be added to an enrolled employee or spouse’s certificate without answering any health questions.

• Find coverage options and plan highlights in the Securian Financial (MN Life) Member Handbook.

• To apply, go to lifebenefits.com/stateoftn. You will need your Edison ID to set up your Securian account.

• Beneficiaries for voluntary term life coverage can be updated after logging in at lifebenefits.com/stateoftn

Life Insurance Premiums

Detailed information on the premiums for each life insurance option can be found in the Securian Financial (MN Life) Member Handbook and/or on the Securian Financial website.