Life Insurance
West Virginia University (WVU) provides life insurance benefits to eligible WVU employees and their dependents through a group life insurance policy administered by the Public Employees Insurance Agency (PEIA) and underwritten by MetLife. Basic and optional life policies require beneficiary designations.
Beneficiaries
In the event of your death, life insurance policy benefits are awarded to the people designated as beneficiaries with MetLife.
To view and/or change beneficiaries for basic and or optional life insurance benefits, please visit mybenefits.metlife.com, and select West Virginia Public Employees Insurance Agency (PEIA) as your employer, or call MetLife a 888-466-8640.
Basic Life and AD&D Insurance
WVU provides basic life and accidental death and dismemberment (AD&D) at no cost to active benefits-eligible employees.
- Premiums: Premiums are paid in full by WVU.
- Coverage amount: Coverage amount of $10,000 for active employees.
- Enrollment: Employees may enroll the month of hire or during the two following months. Employees who enroll after that time period will be required to submit an evidence of insurability subject to review and approval by MetLife.
Voluntary Life Insurances
In addition to basic life insurance, employees may also purchase additional voluntary decreasing term optional life insurance for themselves and term dependent life insurance for their legal dependents.
Optional Life Insurance
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.
- Plan Year: July 1 - June 30
- Premiums: Premiums are determined by age, coverage amount and tobacco status.
- Coverage amount: Coverage amounts range from $5,000 up to $500,000 (pre-tax up to $40,000, post-tax over $40,000).
- Enrollment: Employees may enroll the month of hire or during the two following months. Employees who enroll after that time period will be required to submit an evidence of insurability subject to review and approval by MetLife.
- Reduce Coverage: An employee may reduce optional life insurance at any time down to the minimum pre-tax amount of $40,000.
- Cancel Coverage: An employee may only cancel or drop optional life insurance during the annual open enrollment period.
To view plan rates and additional plan details, visit the PEIA life insurance page.
Visit PEIA's Manage My Benefits to apply for or make changes to optional life insurance coverage.
Dependent Life Insurance
- Plan Year: July 1 - June 30
- Premiums: Premiums vary based on coverage amount and tobacco status.
- Coverage Amounts: Coverage amounts range from $5,000 up to $40,000 for spouse and $2,000 up to $15,000 per child.
| Dependent | Plan 1 | Plan 2 | Plan 3 | Plan 4 | Plan 5* |
| Spouse | $5,000 | $10,000 | $15,000 | $20,000 | $40,000 |
| Child | $2,000 | $4,000 | $7,500 | $10,000 | $15,000 |
- Enrollment for a Spouse: Employees may enroll a spouse during the month of hire or the two following months up to Plan 4 without a statement of health. Plan 5 requires statement of health during the new hire enrollment period. After the new hire enrollment period employees may enroll a spouse into any plan or increase a spouse's coverage with statement of health.
- Enrollment for a Child: Employees may enroll a child at any time without statement of health.
- Reduce Coverage for Spouse or Child: An employee may reduce dependent life insurance at any time.
- Cancel Coverage for Spouse or Child : An employee may only cancel or drop dependent life insurance during the annual open enrollment period.
To view rates and additional plan details, visit the PEIA life insurance page.
Visit PEIA's Manage My Benefits to apply for or make changes to dependent life insurance coverage.