Optional Life and AD&D-HR @ Carnegie Mellon University - Carnegie Mellon University

Optional Life and AD&D Insurance

Carnegie Mellon makes additional Life and AD&D Insurance available at group rates for interested individuals. Our Optional Life and AD&D Insurance is provided through Sun Life Financial.

Full-time benefits-eligible faculty and staff may purchase optional insurance in increments of your life base salary.

  • Purchase one to four levels of insurance, up to a maximum of $1,000,000 coverage (basic plus optional coverage combined).
  • An Evidence of Insurability form is required for optional coverage of more than $500,000 (not combined with Basic).
  • Rates are based on age and base salary (see chart right).
  • Enroll in optional coverage within 30 days of your benefits-eligibility.
  • Increase optional coverage by one level at Open Enrollment or with a life status change.
  • Imputed income taxes are required for the value of life insurance coverage in excess of $50,000.

Special Features of Optional Life Insurance Plan

2016 Optional Life and AD&D Rates

Age (as
of Jan 1)
Rate per
$1,000 of
Under 30
70 +**

**Coverage for those age 70+ is actuarially reduced.

Divide result by two for biweekly cost.