* Life Insurance Overview
The New School offers three life insurance plans for eligible employees through The Standard Life Insurance Company of New York (The Standard):
Basic Life Insurance and Accidental Death & Dismemberment Insurance - personal life insurance that is provided automatically and paid for entirely by the university
Supplemental Life Insurance - additional personal life insurance available for purchase
Dependent Life Insurance - additional life insurance available for purchase that covers spouse, domestic partner, and/or dependent children
Insurance Provider: The Standard Life Insurance Company of New York (The Standard)
Policyholder: The New School
Policy Number: 430527-C
Click the above links to learn more about the three life insurance options. Detailed plan information may be found in the attached Certificate and Summary Plan Description (SPD).
Life Insurance - Certificate and SPD.PDF
Enrollment and Modifications
You may enroll in these plans or modify your elections during the below:
Your initial phase of eligibility as a new hire
FT Faculty and Staff are generally eligible on the first of the month following one full month of employment
When your employment status changes resulting in eligibility for benefits
Due to a qualifying life event
During the annual open enrollment period
A medical questionnaire may be required if you enroll during the open enrollment period, rather than upon initial eligibility. See Supplemental Life Insurance and Dependent Life Insurance for information.
Unless you take action during Open Enrollment, your life insurance plan elections will remain the same for the following year. However, we strongly recommend that you review your benefits to make sure that you have selected the best options for yourself and/or your family.
You may view your current benefits and per-paycheck contributions anytime.
Beneficiaries
Employees must designate a beneficiary for their own Basic Life and Supplemental Life coverage (if any) through MyDay by following the instructions to Change Life Insurance Beneficiary. Beneficiaries may be changed at any time. Employees are automatically designated as beneficiaries for Dependent Life Insurance coverage.
Return to Benefits - Overview.
Related Links
Benefits - Overview - summary of available university benefits