Life Insurance Plan

You are enrolled in the Basic Group Term Life Insurance Plan and Accidental Death & Dismemberment (AD&D) Plan in a benefit amount for each plan which is equal to 1 times your base annual salary, rounded to the next higher multiple of $1,000, if not already a multiple of $1,000.  This coverage is paid for by the College and provided through The Hartford, FIT’s Life Insurance Plan carrier. For complete information about FIT's Basic Life Insurance Plan please review the plan booklet (.pdf).

Supplemental Life Insurance Coverage

During the Annual Benefits Open Enrollment Period, if you are under age 70, you may apply for Supplemental (additional) Life Insurance Plan coverage for yourself.  To apply, you must complete a health questionnaire and submit it directly to The Hartford for an approval determination. If approved, you pay the total cost for the Supplemental Life Insurance Plan coverage based on your age and salary via after-tax contributions, which are deducted from your semi-monthly paychecks.

You may purchase supplemental coverage in multiples of 1, 2, 3, or 4 times your annual base salary, rounded to the next higher multiple of $1,000.  The maximum coverage amount is $500,000.  For complete information about FIT's Supplemental Life Insurance Plan please review the plan booklet (.pdf).

More information is found in the Basic Life & Supplemental Life Benefit Highlights Summary (.pdf).

? What you need to do by Friday, November 12, 2021

  • You do not want to make a change to supplmental life insurance coverage: Do nothing; your current election (if any) will carry forward to 2022.
  • You want to enroll or increase your Supplemental Life Insurance Plan coverage amount: Email a benefits representative to obtain supplemental life insurance costs. You must then complete a Supplemental Term Life Insurance Enrollment/Change Form in order to enroll or request an increase in coverage. 

After your completed Enrollment/Change Form is received, a health questionnaire will be provided to you, which must then be submitted directly to The Hartford for their approval determination. If approved by The Hartford, they will notify you and the Benefits staff at FIT of the effective date of coverage, and required contributions will then be deducted from your paycheck. Coverage may not become effective until approved by The Hartford.