Eligibility

Term, cash value and universal life insurance are available to benefit-eligible employees at the University of West Florida working at least 30 hours per week. Coverage is not available to Other Personal Services (OPS) employees. Employees pay the full premium amount on a post-tax basis. Employees are guaranteed coverage during their first sixty days of employment. Coverage is available for an employee's spouse and children.

How to Enroll (For Group Life Only)

• Complete group term life insurance application
• Complete group term life insurance evidence of insurability form if enrolling more than 60 days after your date of hire (contact The Gabor Agency, Inc. for this application form)
• Submit form(s) to Human Resources Benefits

Types of Policies

Term Life : Term life insurance provides a benefit depending on the insured's age, and has a limit that is also dependent on the insured's age. This insurance also provides a disability benefit and accelerated living benefit. At termination, the insured may convert the policy to whole life insurance during the thirty-one day following employment. At retirement, the employee may continue up to $20,000 of term life insurance with certain provisions.

Cash Value : Cash value life insurance provides a benefit up to three times the employee's salary with a maximum of $150,000. In addition this insurance contains cash, loan and other non-forfeiture values. At termination, the insured may continue with no conversion necessary. *For enrollment in this plan, the employee must contact a representative from The Gabor Agency.

PPO: Universal life insurance provides a benefit up to three times the employee's salary with a maximum of $150,000. This insurance allows the face value and premiums to be raised or lowered according to the insured's needs. Upon termination of employment the policy may be continued with no increase in premiums and no conversion necessary.

*For enrollment in this plan, the employee must contact a representative from The Gabor Agency.