Contributions
Employee Contributions for Voluntary Life Insurance Coverage
Reminder: Please make sure to update your beneficiary information in Workday.
Employee Contributions for Dependent Life Insurance
*Child rate applies regardless of the number of children covered. Children eligible to age 21 or age 23 if a full-time student.
How to Calculate Voluntary Portable Life Plan Rates:
- Total amount of life insurance desired.
- Divide Line 1 by $10,000.
- Enter rate per $10,000 based on your age from the table above.
- Multiply Amount in Line 2 by the Rate in Line 3.