Employee-Paid Voluntary Life Insurance
The Standard Life Insurance Company (The Standard) is the CSU's life insurance carrier for employee-paid voluntary life insurance. The CSU offers voluntary life insurance to all eligible employees. Employees can purchase protection for themselves and eligible family members including spouse/ domestic partner and dependent children. Employee coverage ranges from a minimum of $10,000 to a maximum of $1,500,000. Coverage for an employee's spouse or domestic partner ranges from a minimum of $10,000 to a maximum of $750,000. Coverage for children can be purchased at $5,000, $10,000 and $20,000. Children must be insured for the same amount.
New employees may automatically qualify for a set amount of insurance coverage called Guarantee Issue. Under the Guarantee Issue provision, employees may apply for coverage up to $150,000 for themselves, $50,000 for their spouses/domestic partners and $20,000 for each child without answering medical questions (evidence of insurability). However, any amount, up to the maximum limits, may be chosen and would require evidence of insurability.
The Standard's voluntary life insurance plan also contains a number of enhanced coverage features including:
To apply for Voluntary Life coverage, simply use one of the options below:
CSU Benefits Team
Standard Insurance Company
900 SW Fifth Avenue
Portland, OR 97204