LIFE INSURANCE Faculty/Staff have the following options under MetLife for Life and Supplemental Life Insurance: BB&N paid Life Insurance ○ BB&N currently provides three times base salary in life insurance to BB&N faculty/staff who work more than 30 hours per week. Upon leaving BB&N’s employ, this insurance may be converted to a Whole Life policy with MetLife. Please see the attached MetLife Application to Convert Life Insurance at the employee’s own cost. Supplement Life Insurance ○ BB&N covers 100% of the premium costs of Life and Accidental Death and Dismemberment Insurance through MetLife. Employees are automatically enrolled in this coverage once they become eligible. Additional employee Life insurance on an employee-paid basis is also available. ○ Exiting employees may elect to carry over Supplemental Voluntary Life Insurance. To do so please use the MetLife Voluntary Life Insurance Portability form here. Participants have 31 days after leaving BB&N in which to complete and return the form(s) to MetLife. ○ Converting and/or porting Life and Supplemental Life Insurance is a personal decision between each departing faculty/staff member and MetLife. Please contact MetLife Life Insurance toll-free at 1-888-252- 3607 with questions or for assistance. For more information please visit: https://selectebs.relayto.com/e/metlife-election-of-portable-coverage-form- 2024-2025 Offboarding Guide | 5 zco89cimf8qpw?hub=bb-n-employee-benefits-information-64413a28c73f9;6508e75ef1d55&hub-nav=topbar 4
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