When you decide to purchase optional insurance, you’ve already taken a very important step toward helping to protect your family’s future. It’s an excellent way to enhance your family’s overall financial security.
Coverage for your family
If you are an active employee, you may elect to cover your eligible spouse and eligible dependent children with Dependent Term Life Insurance. You pay the cost of this coverage. You also pay the cost for anyone who is eligible and covered for:
- $5,000 Dependent Term Life Insurance; and
- $5,000 Accidental Death & Dismemberment
Eligible dependent children are from live birth to age 26, unmarried. Dependent child coverage can be extended for a disabled child.
Note that you may not be covered as a State of Texas employee and as a dependent of a State of Texas employee.
Get up to two times your annual salary without providing Life Evidence of Insurability (EOI)
During your initial eligibility period (your first 31 days of employment), you may choose Election 1 or Election 2 without answering questions about your health. You will need to provide EOI for life insurance coverage elections 3 or 4. We may require a paramedical exam. All Dependent coverage is guaranteed without answering health questions as long as the coverage is elected during initial eligibility.
After your initial eligibility period, you must wait for your next annual enrollment period or have a qualifying life event (QLE) to make changes to your coverage. You can then apply for Dependent Term Life Insurance for your eligible dependents with EOI. You can also apply to increase your Optional Term Life coverage with EOI.
Voluntary Accidental Death & Dismemberment (Voluntary AD&D)
You may elect Voluntary AD&D coverage for yourself (employee only) or for yourself and your eligible dependents (employee and family). EOI is never required when you elect Voluntary AD&D.
Employee only coverage amounts are based on your age at the time you apply as follows: