3.3.7 – Life Insurance Benefit
POLICY: Spoon River College provides eligible employees group term life insurance as described in the policy summary plan description.
This policy applies to all full-time employees.
- Eligible administrators, professional support, and faculty receive two times his/her annual salary, effective the date of eligibility.
- Eligible classified receive $25,000, effective the date of eligibility.
- Refer to the Life Insurance Summary Plan Description for plan details, including plan exclusions.