3.3.7 - Life Insurance Benefit

Last updated on March 29, 2023

POLICY:  Spoon River College provides eligible employees group term life insurance as described in the policy summary plan description.

SCOPE:

This policy applies to all full-time employees.

DETAILS:

1. Eligible administrators, professional support, and faculty receive two times his/her annual salary, effective the date of eligibility.
2. Eligible classified receive $25,000, effective the date of eligibility.
3. Refer to the Life Insurance Summary Plan Description for plan details, including plan exclusions.