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Life Insurance And Accidental Death And Dismemberment Insurance |
Wagner College provides its full time employees with Life Insurance and Accidental Death and Dismemberment Insurance through Prudential Insurance, at no cost to you.
Coverage begins on the first day of the month that falls on or next follows the date you enter an eligible class. If your effective hire date is between the 1st and 15th day of the month coverage commences on your date of hire. If your effective date of hire is after the 16th day of the month coverage will begin on the first day of the following month.
The amount of each benefit is equal to double your base annual salary rounded to the nearest multiple of $500.00, if not already such a multiple, up to a maximum of $500,000.
All new employees receive a copy of Wagner College’s Group Life Insurance Certificate during the Orientation meeting at the Office of Human Resources. This certificate details the main features of the insurance provided under the group policy.
Any current employee may request a copy from the Office of Human Resources.
Within thirty-one (31) days following your termination of employment, you may elect to convert all or part of the group life insurance to an individual policy, on a direct payment basis.
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