Life Insurance Plans

Prudential Insurance Company of America has been selected as the University’s Life, Long Term Disability and Accidental Death and Dismemberment vendor. Prudential Insurance Company of America is an A-Rated Insurance company that offers the most competitive pricing and enhanced benefits.

BASIC LIFE INSURANCE

Tufts University provides Basic Life Insurance for all benefit eligible employees through Prudential. This benefit is paid for by the University. The amount of coverage is equal to one times your basic annual earnings, rounded to the next highest $1,000, with a maximum of $1,000,000.

SUPPLEMENTAL LIFE INSURANCE

The Supplemental Life Insurance program through Prudential offers you the opportunity to purchase additional life insurance coverage up to five (5) times your annual base salary or a $2,000,000 maximum. Amounts in excess of the lesser of 3 times your annual base salary or $750,000 require a Evidence of Insurability.

  • As a new employee, you can elect the lesser of 3X basic annual earnings or $750,000 of coverage without Evidence of Insurability. You may also request to elect 4X or 5X basic annual earnings with the submission of an Evidence of Insurability Request Letter.

Prudential has a streamlined approach to making decisions regarding Statement of Health applications. Once Tufts Support Services has received approval from Prudential, payroll deductions will begin retroactive to your hire date.

The premium for this plan is based upon your age as of the end of each pay period. As a result, your deduction amount may change after your next birthday. Rates for supplemental life insurance can be found here.

DEPENDENT LIFE INSURANCE

The Dependent Life Insurance program through Prudential offers you the opportunity to purchase life insurance coverage for eligible family members.

Eligible family members include:

  • Your legal spouse
  • Qualified domestic partner
  • A “child” is defined as your unmarried dependent child(ren) who is/are at least 15 days old, but less than age 26.
  • Your unmarried dependent child(ren) who is mentally or physically disabled, who cannot hold a self-supporting job due to a handicap.

Prudential has a streamlined approach for making decisions regarding Statement of Health applications. Once Tufts Support Services has received approval from Prudential, payroll deductions will begin the first of the month following your approval date.

Rates for dependent life insurance can be found here.

ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE (AD&D)

The AD&D program offered through Prudential offers you the opportunity to elect coverage levels from one (1) to five (5) times your basic annual earnings, rounded to the next $1,000. Benefits are payable in the event of accidental loss of sight, life, speech, limb, hearing, etc. The maximum allowed benefit is $1,000,000.

Coverage is available without Evidence of Insurability.

Rates for AD&D insurance can be found here.