As an eligible employee of an employer who is affiliated with the West Virginia Public Employees Insurance Agency (PEIA), life insurance benefits are available to you and your dependents through a group life insurance policy underwritten by Securian Financial.
PEIA offers decreasing term basic life insurance, optional life insurance and dependent life insurance.
Basic Life Insurance
Basic life insurance premiums for active employees are paid by WVU.
For Basic Life Insurance rates, refer to the PEIA Shopper's Guide.
Optional Life Insurance
If you want more protection than the basic life insurance benefit provides, you may elect additional coverage. Employees may apply for additional coverage at any time. Coverage will be subject to approval by Securian Financial. New benefits-eligible employees are guaranteed up to $100,000 coverage without evidence of insurability provided enrollment is made within the new hire enrollment period, during the month of hire and two following months.
To apply for or increase your Optional Life Insurance coverage:
* Go to www.wvpeia.com and log in to “Manage My Benefits,”
Optional Life Insurance coverage is subject to approval.
For Optional Life Insurance rates, refer to the PEIA Shopper's Guide
Dependent Life Insurance
An active employee enrolled in basic life insurance may choose an amount of term life insurance for a dependent.
For Dependent Life Insurance rates, refer to the PEIA Shopper's Guide.