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* 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):

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:

  1. Your initial phase of eligibility as a new hire

    1. FT Faculty and Staff are generally eligible on the first of the month following one full month of employment

  2. When your employment status changes resulting in eligibility for benefits

  3. Due to a qualifying life event

  4. 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.

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