Instant term life insurance quotes online. SPD: Life Insurance

Life insurance is something no one wants to think about but is important to have. The State offers four types of life insurance options to fit your needs with a variety of coverage amounts to choose from. Your options include basic, supplemental, voluntary AD&D and dependent life. Benefits of life insurance.

Newly eligible employees have a one-time opportunity during their initial eligibility period to elected guaranteed coverage without needing to go through Evidence of Insurability (EOI). Guaranteed coverage includes basic, supplemental and spouse dependent life insurance. Child dependent life and voluntary AD&D are always guaranteed meaning you may enroll in these coverages at any time if you are currently enrolled in basic life by contacting the Benefit’s Division at 317-232-1167 or toll free at 317-232-3011.

Following your initial enrollment, you may still make changes to your life insurance plans at any time by completing the EOI process through Securian. Allowable changes include increasing your coverage level and/or adding an eligible spouse to your dependent life insurance plan.

It only takes an average of 10 to 30 minutes to complete the online EOI application. Once submitted, Securian reviews your application and informs both you and Indiana State Personnel Benefits of its decision. If approved, SPD Benefits will make the appropriate changes to your life insurance plans in PeopleSoft and start or change the premium deductions.

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You may also make changes to your beneficiary information at any point during the year by accessing PeopleSoft self-service.

All claims must be reported to the SPD Benefits Hotline at 317-232-1167 or toll free at 877-248-0007 to initiate the claims process. Once a claim is reported, a Benefit Specialist will request the death certificate and submit the claim to Securian on behalf of the beneficiary. Even if you are not sure whether or not there was life insurance coverage you should contact the Benefits Hotline to ensure life insurance claims are submitted timely, if applicable.

When you are no longer eligible for life insurance as an active employee, you may be able to elect to continue your coverage. Elections to port or convert must be made within 31 days of your active coverage terminating. To learn more or to request an election form please call 1-866-365-2374.

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Securian Life Insurance Company
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