Life Insurance

As a retiree, your state-sponsored life insurance continues for you and your dependents at no charge to you. Your coverage is 25 percent of the coverage you carried when you left work; your dependents' policies are capped at $1,000 each. If you left as a deferred member you do not qualify for the state-sponsored life insurance.

The following qualified dependents can continue life insurance coverage after you retire if they were already enrolled while you were an active employee:

• Your spouse.
• Your unmarried dependent children under age 23.
• Your incapacitated child who lives with you and depends on you for support as defined by IRS regulations.

Life insurance beneficiary

You can change your life insurance beneficiary by submitting the Life Insurance Beneficiary Designation (R0782GHB) form. Any person(s) can be named as beneficiary(ies) for your life insurance.

Conversion coverage is available

Within 30 days of retirement, you may convert the remaining 75 percent of your active life insurance to a private direct pay policy. You may also convert the amount by which the dependent policy was reduced. For rates and the conversion application, go to the Civil Service Commission website or call Minnesota Life at 866-293-6047.

Keep your award letter

The award letter you receive when your retirement application is processed serves as your only proof of your life insurance coverage, so be sure to keep it with your important papers. The certificate of insurance with coverage provisions can be viewed by following the Employee Benefits links on the Michigan Civil Service Commission website.

ReliaStar

If you purchased supplemental life insurance from ReliaStar as an active member, you may choose to continue your coverage in retirement. For more information, contact your state police human resource office.