Member Log-In
Home
Optional Group Life Insurance Program
The VRS optional group life insurance provider is Minnesota Life. Members who are covered for basic group life insurance may purchase optional group life insurance coverage in an amount equal to one, two, three or four times their annual compensation, not to exceed $600,000. Members pay the premiums for optional life insurance coverage through payroll deduction.
Members are not required to provide evidence of insurability if they apply for optional group life insurance within 31 days of becoming covered by VRS basic group life insurance, which is usually the date a member joins a VRS-covered position. Evidence of insurability is required if a member applies after the 31st day; wishes coverage over $300,000; or later wishes to increase the amount of coverage.
Optional group life insurance also is available to the member’s spouse and dependent children. Spouses are eligible for up to 50 percent of the maximum amount of members’ optional group life insurance coverage. Optional coverage for minor children who are at least 15 days of age may be purchased in increments of $10,000, $20,000 or $30,000, depending on the level of coverage selected
Questions About Life Insurance Coverage
Joseph
Chang, Manager, Richmond Office
Minnesota
Life
P.O. Box 1193
Richmond, VA 23218-1193
1-800-441-2258
Back to top
