Certificate of Insurance (effective October 1, 2010)
University Insurance Association Plan provides decreasing
term life insurance to eligible unclassified faculty, academic staff and limited appointees under Group Policy # 32872-G issued
by the Minnesota
Life Insurance Company and administered by the University
Insurance Association Board.
See the UIA Fact Sheet for plan details.
Program Changes for 2010
is a condition of employment for Faculty, Academic Staff
and Limited Appointees who hold an unclassified appointment by the Regents of the University of Wisconsin and whose current rate of compensation is not less than 50% of the average instructors salary for the previous year.
monthly earnings threshold for 2012-13 is $2,610.83.
Rehired annuitants receiving a Wisconsin Retirement System benefit are not eligible for this program.
meet the eligibility criteria, enrollment is automatic.
designate a beneficiary. If you do not have a beneficiary
designation on file, proceeds will be paid according
to standard sequence.
Effective January 1, 2010, the Standard Sequence under the UIA plan is:
- The insured's spouse or domestic partner, if living, otherwise;
- The insured's surviving children equally, otherwise;
- The insured's surviving grandchildren equally, otherwise;
- The insured's surviving parents equally, otherwise;
- The insured's surviving siblings equally, otherwise;
- The insured's estate.
is effective on April 1 or October 1, depending on
your date of employment.
- The UIA plan
does not cover your spouse or dependents.
is determined according to your age at the beginning
of the contract year (October 1).
|UIA Schedule of Benefits Effective October 1, 2010
||Amount of Death Benefit
- The annual
premium of $24 is deducted from your October earnings
(paid on or about November 1).
- If your
employment begins after payment of October earnings,
a $12 premium will be deducted from your March earnings
(paid on or about April 1).
- The University
does not contribute toward the premium.
Continuation of Coverage, meaning coverage in the group policy after employment, may be an option under the following circumstances:
terminate employment, including retirement; or
are no longer in a class eligible for insurance,
such as moving from an academic to a non-academic
are laid off.
To continue coverage, you must make a written request and make the first premium payment to Minnesota Life Insurance Company* within 60 days after UIA group insurance would otherwise terminate. For information regarding plan continuation, contact your Benefits Office and complete this continuation form.
Employees on leave of absence who miss a premium deduction will be billed through the University. Such employees will be required to remit the annual premium to the UW Service Center by December 1st of each year for the duration of the leave.
- An Accelerated Benefit, up to 100% of the life insurance proceeds can be paid to you if you become terminally ill. For information regarding the Accelerated Benefit, contact Minnesota Life Insurance Company.*
- Transfer of Ownership, you have the right to assign ownership of the insurance to another party. Use the Transfer of Ownership form to initiate this option.
Conversion of Coverage, means insurance coverage in a permanent life insurance policy with Minnesota Life Insurance Company* when your UIA group insurance terminates. Most employees opt for the lower-priced continuation option for life insurance coverage following employment.
To convert coverage, you send a written request and submit the first premium payment to Minnesota Life Insurance Company* within 31 days after UIA group insurance terminates. For information regarding plan conversion, contact Minnesota Life Insurance Company.*
P.O. Box 259708
Madison, WI 53725-9708
(608) 277-8690 or
Report for 2009-10.
information, please refer to the Certificate.
The 2013 Annual UIA Meeting will be held on May 3, 2013, at 11 a.m. at 780 Regent Street, Room 123 in Madison, Wisconsin. All members are welcome to attend.
This document was last
revised on January 30, 2013