The Supplemental Life Insurance Program provides the opportunity to purchase additional life insurance above the two times base salary provided by Northeastern. You can purchase an additional 1x, 2x, 3x, or 4x your base salary to a maximum of $500,000 (age reduction schedule applies after age 65). Your total life insurance coverage, basic and supplemental combined, will be limited to $1 million.

During the guarantee issue period you may select 1x or 2x base salary without a Statement of Health. Please refer to the age rate table (on right) for the Supplemental Life Rates.

If you are eligible and would like to enroll complete a Benefits Enrollment Form (PDF) and return it to HRM/Benefits at 250 Columbus Place. If you are selecting any amount above 2x base salary, you must also complete the online Statement of Health with Liberty Mutual for approval. For instructions on completing the online Statement of Health, click here (PDF).

The Optional Spouse/Same Sex Spousal Equivalent Insurance will allow you to purchase between $25,000 and $100,000 in life insurance for your spouse/same-sex spousal equivalent. Elections can be made in increments of $25,000 and are limited to 100 percent of your basic and supplemental life insurance combined.

During the guarantee issue period you may select $25,000 without a Statement of Health. Any amount above $25,000 will require evidence of insurability. The rates for Optional Spouse/Same-Sex Spousal Equivalent Insurance are based on the spouse's age, and follow the same rate schedule as the employee Supplemental Life Plan. Please refer to the age rated table for Supplemental Life Rates.

If you are eligible and would like to enroll, complete a Benefits Enrollment Form (PDF) and return it to HRM/Benefits at 250 Columbus Place. If you are selecting any amount above $25,000, you must also complete the online Statement of Health with Liberty Mutual for approval. For instructions on completing the online Statement of Health, click here (PDF).

At age 65, the value of your insurance policy will be reduced to 65 percent.

At age 70, the value of your insurance policy will be reduced to 50 percent.

Please contact the Benefits department for details or assistance with calculations.

The Optional Child Life Insurance provides the opportunity to purchase $10,000 or $20,000 for each dependent child under age 26. Purchase of $10,000 or $20,000 can be made without a Statement of Health. The rates for the Optional Child Life Insurance are $1 per $10,000 per month. Please note separate elections for each child is not necessary; one election will cover all eligible children. Benefits for infants under 6 months are limited to $1,000 in coverage.

If you are eligible and would like to enroll, complete a Benefits Enrollment Form (PDF) and return it to HRM/Benefits at 250 Columbus Place. Please note, if an employee's child(ren) no longer meet the eligibility guidelines, it is the responsibility of the employee to terminate the policy by contacting a member of the Benefits department.