UW Employees Inc. Life Insurance

2023 Monthly Premiums and Coverage Levels

Age as of January 1	Benefit Amount	Premium
Under 35	$33,000	$0.74
35–39	$28,000	$0.96
40–44	$25,000	$1.20
45–49	$18,000	$1.50
50–54	$15,000	$1.80
55–59	$13,000	$2.86
60–64	$12,000	$3.26
65 and over	$7,000	$2.26

The employer does not contribute to the premium.

Eligibility

The following requirements must be met to be eligible for this plan:

• Eligible for State Group Health Insurance
• Not receiving a Wisconsin Retirement System (WRS) annuity
• Newly eligible for benefits prior to November 1, 2023

There is no coverage available for family members.

Enrollment

The UW Employees, Inc. Life Insurance plan is no longer accepting enrollments from employees newly eligible for benefits or through Evidence of Insurability.

Note: Employees currently enrolled in the plan may cancel coverage at any time before December 31, 2024.

Additional Benefits

• If you are terminally ill with a life expectancy of 12 months or less, you may receive up to the full amount of your coverage prior to your death.
• Conversion to an individual policy at the end of employment.

You should review and update your Beneficiary Designation with each qualifying life event.