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LIFE INSURANCE 2017

metlife
Phone: (800) 638-6420
Website:  www.metlife.com

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Dartmouth College offers a variety of fully portable or convertible MetLife insurance products and services to benefits-eligible employees.

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WORDS TO KNOW (url): a list of commonly used words and definitions relating to your life insurance plans.

 

GROUP TERM LIFE INSURANCE

Group term life insurance will provide a life benefit to the beneficiaries of a covered individual who dies during the defined covered period.

Basic Life Insurance 

  • $50,000 life benefit available at no cost, with guaranteed issue. You choose the beneficiary. (Default option for new hires)
  • Research Associate B's and Research Fellows may purchase a $50,000 basic life benefit, with guaranteed issue. You choose the beneficiary for this plan
  • SEIU Employees are not eligible to receive this benefit

Voluntary Group Term Life

  • A benefit of 1X, 2X or 2.5X annual salary is available at cost, up to a maximum of $1,500,000 with guaranteed issue. You choose the beneficiary for this plan.
  • A benefit of 3X, 4X, 5X, 6X, 7X or 8X annual salary is available at cost, up to a maximum of $1,5000.  Completion of a Statement of Health is required for approval beyond 2.5X annual salary. You choose the beneficiary for this plan.
  • SEIU Employees receive 2.5X annual salary with guaranteed issue, at no cost, after one year of eligible employment.  You choose the beneficiary for this plan.

Cost of the benefit

  • Group term life rates are calculated based on age bands and per thousand dollars of coverage.

 

DEPENDENT LIFE INSURANCE

You may elect life insurance for your dependents.  This is a life insurance policy in which you are the named beneficiary in the event that something should happen to your insured dependents.

Plan Coverage and Rates

Plan Coveragre Rates
Spouse $25,000 coverage for spouse or same sex domestic partner $4.55 per month
Dependents $10,000 coverage for each child $2.28 per month
Family $25,000 coverage for spouse or same sex domestic partner and $10,000 coverage for each child $5.85 per month

Plan guidelines do not allow Dartmouth couples to cover one another on dependent life and only one partner can cover the children.

 

TRAVEL ASSISTANCE

Travel assistance is a valuable benefit that is provided and administered by AXA Assistance USA, Inc. through an arrangement with MetLife, at no additional cost to you.  This service offers you and your dependents medical, travel, legal, financial and concierge services, 24 hours a day, 365 days a year while traveling internationally or domestically.

 

ESTATE RESOLUTION SERVICES

Along with your Group MetLife Life Insurance, eligible participants will receive the benefit of MetLife Estate Resolution Services (ERS) at no additional cost, when you use a participating plan attorney.  This valuable service gives your beneficiaries the personal support of a participating Hyatt Legal Plans' attory (New Hampshire (pdf)) (Vermont (pdf)) in person or via telephone.  By participating in MetLife Estate Resolution Services, the participating plan attorney's fees are covered for the administrator or executor of your estate.

 

WILL PREPARATION SERVICES

Will preparation is offered by Hyatt Legal Plans, a MetLife company, and provides eligible participants and their spouses with face-to-face access to attorneys participating in Hyatt Legal Plans network for preparing or updating a will, living will and power of attorney. When you choose a participating Hyatt Legal Plans' attorney (New Hampshire(pdf)) (Vermont(pdf)), the attorney's fees are fully covered and there are no claim forms to file. You also have the flexibility of using a non-network attorney and being reimbursed for covered services according to a set fee schedule. Note: It is the responsibility of the employee to perform any due diligence necessary in order to receive the full benefit of this program.

 

MAKING CHANGES

Open Enrollment

  • You may increase or decrease coverage during the annual open enrollment period. 
  • Completion of a Statement of Health* is required for approval when increasing coverage. 
  • You will not be charged until your Statement of Health* has been approved.

Mid-Year Life Event

  • You may increase or decrease coverage during a Mid-Year Life event.
  • You may increase one level with guaranteed coverage, except when you are increasing beyond the 2.5X annual salary level.
  • When increasing more than one level, or when increasing beyond 2.5X annual salary, the completion of a Statement of Health* is required for approval.
  • You will not be charged the higher premium rate until your Statement of Health* has been completed and approved.

* To complete your Statement of Health, log into FlexOnline, click the associated "pending event" button on the right side of the screen, and answer the required health questions.  Approval may require a meeting with a MetLife Associate and a medical screening.

 

FILING A CLAIM

In the unfortunate case that you or your dependents must make a claim, the Benefits Office should be contacted. An official copy of the death certificate must be provided in order to file a claim.

 

CONTINUATION OF BENEFITS AFTER YOU LEAVE

Your life insurance is eligible for portability or conversion. Should you leave your employment at Dartmouth College, you will receive information from MetLife on continuing your coverage. You may not cash out the life insurance. Cash out is only available to your beneficiaries upon your death.

Portability and Conversion Flyer (pdf)

 

 CONTACT INFORMATION

BENEFITS OFFICE

You should contact the Benefits Office with any questions or to make a claim.

For questions on your coverage, contact MetLife Directly.

Last Updated: 1/8/17