Policy

Life Insurance

Faculty and Staff Benefits--Life Insurance
Policy

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Document Number: HR--127 Revision #: 1.0
Document Owner: Executive VP Date Last Updated: 08/17/2012
Primary Author: Director of Human Resources Status: Approved
Date Originally Created: 01/12/2012
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General Description
Description: Information about life insurance relative to HR policy.

Purpose: Delineation of policy.

Scope: All faculty, staff, and administrators

Responsibility: Human Resources
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Requirements
Relevant Knowledge: In order to comply with this policy you should know:
Current University policy
Terms and Definitions: Additional training

Corrective Action
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Policy Provisions
1. Life Insurance

Cumberland University provides life insurance for eligible employees at no cost to the employee. The amount of each life insurance policy is determined by the position held by the faculty and/or staff member. Beneficiary designations may be changed for group life insurance at any time by completing the appropriate forms in the Office of Human Resources. The policy terminates at the time that the employee terminates employment, whether voluntarily or involuntarily. For details concerning the Life Insurance carrier and/or schedule of benefits, the employee should contact the Director of Human Resources.


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Performance Evaluation
Performance Metrics: Compliance with standard policy and procedure

Consequences: Further training
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Subject Experts
The following may be consulted for additional information.
Director of Human Resources