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Indiana Wesleyan University Support Knowledge Base

Life Insurance

Policy

Each full-time employee is eligible to receive life insurance equal to two times the annual compensation on his or her own life.  If a covered employee dies, the insured amount will be paid to his or her named beneficiary.  The employee is responsible for naming his or her beneficiary. 

A summary of this program, applications for coverage, beneficiary change forms, and additional information are available in the Human Resources Department.

Scope

This policy applies to all the employees of the University.

History

18-Mar-2015 - Date conversion to KB

 

Policy information

Employee Policy 300.04.11

Owner

Executive Director for Human Resources

Approved by

Vice President for Business Affairs/ CFO

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