Basic life insurance and accidental death and dismemberment
The university provides benefits-eligible faculty and staff with a group term life insurance policy equal to one times your annual salary, rounded to the next $1,000. The first $15,000 of coverage is provided by the Arizona Department of Administration plan and the remainder is provided by the ASU plan. The maximum combined coverage amount across the two plans is $400,000.
|Basic - group term life|
|Both paid by ASU||ASU Life||ADOA Life|
|Coverage amount||One times your annual base earnings, rounded up to the next $1,000, less the $15,000 ADOA plan. The minimum coverage is $5,000.
Coverage reduces beginning at age 70:
|$15,000 of coverage provided, regardless of salary.|
|Accidental death and dismemberment||One times your annual base earnings, rounded up to the next $1,000, less the $15,000 ADOA plan. The minimum coverage is $5,000.||$15,000|