Basic Group Term Life and Accidental Death and Dismemberment
The state provides, at no cost to the employee, $20,000 of basic term life and $40,000 of basic accidental death coverage. If you enroll in health coverage, the amount of coverage increases as your salary increases, with premiums for coverage above $20,000/$40,000 deducted from your paycheck. The maximum amount of coverage is $50,000 for term life and $100,000 for accidental death and dismemberment. The face amount of coverage declines at ages above 65. For employees who do not enroll in health coverage, the amount of coverage does not increase regardless of salary. Changes in coverage based upon age or salary take effect on the first day of October based on your age or salary as of September 1.
Eligible dependents (spouse and children) are covered for $3,000 of basic dependent term life coverage. Dependents (spouse and children) are eligible for basic accidental death insurance, with the amounts of coverage based on salary and family composition. Dependents of employees who do not enroll in health coverage are not eligible for basic term or basic special accident coverage.
Human Resources Office
910 Madison Avenue
Memphis, TN 38163