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Group Life Benefits
The formula for determining the life insurance benefit for individuals age 30 and younger is 4.0 times your salary, determined as described in the preceding paragraph. The salary multiple drops 0.1 for each year of age past 30, leveling out at 1.0 times compensation at age 60. This benefit is only available before retirement. Once you retire, you will no longer be covered under the WPF group death benefit plan.
Coverage reduces by 50% at age 70 for active participants and terminates at retirement.
Members that have the insurance benefits through the Wesleyan Pension Fund also have additional coverage at no cost to the participant. Select a document below to learn more about the assistance programs provided by UNUM in addition to your Life and Disability coverage's.