ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE
AIG Life Insurance Company
Benefits effective first of the month following the date of employment
Eligibility – regular employees working 20 hours per week (.5 FTE) or more
Enrollment form required, beneficiary form required
(Reference Policy 7.15)
Accidental death and dismemberment life insurance is available to eligible Employees and their dependents. Premiums are paid 100% by the employee through payroll deduction. Coverage ranges from $20,000 to $250,000 with a maximum of 10 times the Employee’s base annual salary. Family coverage can be purchased. Dependent coverage is a percentage of the Employee’s elected amount, with a $25,000 maximum per child. The total cost is .021¢ for $1,000 of coverage for Employee only option. Employee/Family option cost is .032¢ per $1,000 of coverage. Note: 9, 10 and 11-month employees’ annual premiums are paid over the academic year. Please see the Voluntary Personal Accident Insurance Plan brochure for plan details.
NOTE: This is a summary description of benefits available to New Mexico State University employees. This document does not set a contractual commitment of benefits. If you have any questions concerning benefits, please refer them to the Benefit Services Department.
For more details on the benefit programs please refer to Chapter 7 of the NMSU policy manual.
- Benefit Services
- MSC 3HRS * P.O. Box 30001 * Las Cruces, NM 88003 * Hadley Hall, Room 14
- (575) 646-1741 * benefits@nmsu.edu