Life Insurance

Life insurance and accidental death and dismemberment (AD&D) insurance, help provide financial protection in the event of your death of that of a spouse or dependent.  The university offers life insurance to benefited employees through the companies listed below.

2027 News for Basic and Voluntary Life Insurance:

  • A new life insurance carrier, Securian, will replace The Standard in 2027 and will offer lower rates for Basic Life Insurance and Voluntary Life Insurance.
  • If you previously waived employee Basic Life Insurance, you may enroll now during Open Enrollment with no medical underwriting required. You may also elect or increase employee Voluntary Life Insurance by up to $100,000, not to exceed the $250,000 plan maximum.
  • 2027 Rates for Basic Life Insurance and Voluntary Life Insurance.

State of Wyoming - Group Term Life Insurance

Basic death benefit is $50,000 (decreases at age 60). The premium is based on age and is paid through payroll deduction. Enrollment in Group Term Life Insurance can be done throughout the year. Employees who don’t enroll when they are hired, or during 2026 open enrollment, medical underwriting will be required.

Wyoming Retirement System - Group Term Life Insurance

This option is only available during November open enrollment to employees who participate in the Wyoming Retirement System. It is a decreasing term life plan, monthly premiums are paid through payroll deduction and remain at $16 per month regardless of age. Dependents are included.

Change of Beneficiary

A beneficiary change can be made at any time during the year. If you are unsure what type of life insurance you have, log into EGI Portal.