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The Catalyst

Open enrollment begins for permanent life insurance

According to the office of university Human Resources Management, when an employee leaves MUSC he or she is offered the opportunity to convert their life insurance to an individual policy.

If the employee retires from MUSC, the state Optional Life insurance can be continued at the same premium paid when he or she was an employee. A retiree may also convert the life insurance to an individual policy, which is good for life, but the premium can sometime be as much as $1,000 a month.

Open enrollment for voluntary Permanent Life Insurance, offered through MetLife, ends Sept. 27. Life insurance rates are based on specific demographics. A representative will provide policy specifics at an individual appointment.

For information and on-campus appointment locations, call 819-3744 or email rlegare@metlife.com.

September 11, 2013
 
 
 

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