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Group Life Insurance

The University offers a choice of group term life insurance programs. Both programs offer the flexibility to change your level of coverage as your needs change. Coverage is available for you and eligible dependents.

UNC Group Term Life Insurance

This MetLife plan, through the University of North Carolina System, offers insurance coverage in multiples of your salary. The maximum coverage is seven times your salary, not to exceed $1,000,000. You can elect benefits of one to three times your annual salary, up to a maximum of $500,000 with no evidence of insurability as a newly hired employee. Domestic partner coverage is available through the UNC Group Term Life plan. Those who enroll in the plan will also receive Accidental Death & Dismemberment coverage for the employee only. This coverage is paid out at the same level as the group term life coverage. As an example, if an employee has $120,000 in life coverage and dies in a car accident, the $120,000 is paid out in life insurance and $120,000 is paid out in accidental death coverage. If an employee dies of cancer, only the life insurance of $120,000 would pay out.

If you enroll you and your spouse/domestic partner, you may take advantage of a free Will Preparation Service. Employees can call Hyatt Legal (800-821-6400) for information and assistance in locating a participating attorney. Please provide Group Access #102056.

Learn more about Will Preparation Services

The amount you pay depends on your selected plan level and who you cover. If you are paid one time per month, the full monthly rate is deducted from your paycheck. If you are paid every two weeks, one half of the monthly rate is deducted from the first two paychecks in the month. If there is a third bi-weekly paycheck in the month, the premium is not deducted. Spouse coverage rates are based on the employee’s age.

If you are under age 65 on your effective date of insurance, the amounts of your Supplemental Life
Insurance on and after age 65 will be determined by applying the appropriate percentage from the
following table to the amount of your insurance in effect on the day before your 65th birthday and
rounding that amount to the next higher increment of $1,000 unless already an increment of $1,000.
Age of Employee Percentage

Age of Employee Percentage
65 but less than 70 65%
70 or older 50%


Note: The above changes will take effect on January 1 following the date you attain the age
shown above.

View the Premium Rates

If you are a new-hire and enroll in the plan, benefits begin on the first day of the month following your event date. You have 30 calendar days starting from your date of hire to enroll and coverage begins on the first day of the month following your hire date.

You may elect coverage during the year by completing the MetLife Statement of Health Form and the MetLife enrollment/change form. If you lose eligibility for coverage, terminate employment or retire, your coverage will end on the last day of the month in which the event date occurs but you should review the MetLife Conversion and Portability informational sheet.

UNC Group Term Life Insurance enrollment is done by completing the MetLife Enrollment/Change form. Please return the form to Campus Box 1045 or email to: benefits@unc.edu

NCFlex Group Term Life Insurance

The VOYA Financial policy pays a benefit to the beneficiary(ies) as a result of death while covered under the policy. This is strictly a term life insurance policy. There is no accumulated cash value. The monthly premium is based on age and the covered amount you elect from $20,000 up to $500,000. Medical questions may be required but as a new hire, you are guaranteed and issuance of $200,000.

The amount you pay depends on your selected plan level and who you cover. If you are paid one time per month, the full monthly rate is deducted from your pay check. If you are paid every two weeks, one half of the monthly rate is deducted from the first two paychecks in the month. If there is a third bi-weekly paycheck in the month, the premium is not deducted.

If you are a new-hire or become eligible for coverage due to a qualifying life event and enroll in the plan, benefits begin on the first day of the month following your event date. You have 30 calendar days starting from your event date to enroll and coverage begins on the first day of the month following your event date.

The plan year is January through December. Your plan election is “locked in” for the entire calendar year and does not require re-enrollment during open enrollment.   Your elected plan continues from year to year unless you decide to make changes.

If you experience a qualifying life event during the year, you may add or drop dependents but you may not change the benefit plan level. You may change your plan level and drop/add dependents during open enrollment and the changes become effective on January 1.

If you lose eligibility for coverage, terminate employment or retire, your coverage will end on the last day of the month in which the event date occurs.

NCFlex Group Life Insurance enrollment and changes are made through ConnectCarolina Self Service (Enroll or Change Benefits).