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 System MetLife Group Term Life Insurance
Those who enroll in the plan will also receive Accidental Death & Dismemberment coverage for the employee coverage 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. View the UNCS MetLife Life Plan Summary
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 #228413.
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. Coverage elected after the 30-day new hire date requires a Statement of Health for evidence of insurability. 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.
Those enrolled in the UNC Group Term Life Insurance through MetLife will not receive an individual policy/certificate as this is a group plan. See the Certificate of Coverage for additional information. If enrolling a domestic partner in life insurance coverage, you will need to provide a Domestic Partner Affidavit.
Retirees from UNC Chapel Hill have new options for continuing coverage. A MetLife agent will reach out to retirees to offer these options for continued life insurance. You can review the MetLife Voluntary Retiree Life Plan here.
NCFlex Group Term Life Insurance
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.