Department of Management Services

Frequently Asked Questions - State Group Life Insurance

This page provides answers to Frequently Asked Questions covering the following life insurance topics:
• General Information
• Basic Life Insurance Coverage
• Optional Life Insurance Coverage
• Dependent Spouse Life Insurance Coverage
• Dependent Child Life Insurance Coverage
• Basic Retiree Life Insurance Coverage
• Beneficiary Information
• Evidence of Insurability


  1. What life insurance coverage options do I have?

    Salaried employees:

    • Basic group term life insurance coverage
    • Optional group term life insurance coverage
    • Dependent spouse group term life insurance coverage
    • Dependent child group term life insurance coverage

    Benefits eligible OPS employees

    • Basic group term life insurance coverage
    • Dependent spouse group term life insurance coverage
    • Dependent child group term life insurance coverage

    Retirees

    • Basic retiree group term life insurance coverage
  2. Who provides the life insurance coverage?

    Securian Financial Group, underwritten by Minnesota Life Insurance Company

  3. Why did the life insurance carrier change from Minnesota Life to Securian?

    The life insurance carrier did not change. Minnesota Life has adopted the brand of its parent company, Securian. 

  4. Can I take a loan against this policy or is there cash value?

    This is a term life insurance policy so there is no loan feature or cash value. 

  5. How do I verify my current coverage amount?

    Go online to http://peoplefirst.myflorida.com or call People First at (866) 663-4735. 

  6. Where can I find the premium costs for life insurance coverage?

    Please visit the Securian website.

  7. What does “accelerated benefit” mean and how does it work?

    The accelerated death benefit is a benefit option that may allow an eligible covered member to receive an advance payment of up to 100 percent of the life insurance benefit. The member must receive a terminal illness diagnosis that anticipates death within a one-year period. Eligibility and payment of this benefit are subject to approval by Securian. To learn more, please consult your Certificate of Coverage

  8. What is the basic life insurance benefit?

    The basic life insurance benefit is $25,000.

    • Full-time employees are automatically enrolled in this coverage and premiums are paid by the State.
    • Part-time employees may elect this coverage and pay a prorated premium based on the percent of their full-time equivalency (FTE) position. For example, a part-time employee working in a .50 FTE position pays 50 percent of the premium. The State pays the remaining 50 percent.

    Eligible OPS employees may elect this coverage and pay the full premium.

  9. Do I have to keep basic life insurance coverage?

    Full-time employees:

    You may waive coverage during your first 60 days of employment or cancel it during Open Enrollment or with an appropriate Qualifying Status Change (QSC) event, but remember: it’s a free benefit and part of your employee compensation package. In addition, you must be enrolled in basic life coverage to enroll in optional life, dependent spouse life or dependent child life coverage.

    Part-time employees and eligible OPS employees:

    You may drop basic life coverage during Open Enrollment or with an appropriate QSC event. Remember: you must be enrolled in basic life coverage to enroll in optional life (if eligible), dependent spouse life or dependent child life coverage.

  10. What is the optional life benefit?

    Salaried employees enrolled in basic life insurance may elect optional life insurance coverage. Election options between 1 and 7 times your annual earnings, up to a benefit maximum of $1 million, are available for optional life coverage.

    Optional life insurance premiums are based on age, salary and coverage tier. You may calculate your premium rate or log on to People First during Open Enrollment to see premium rates based on your age. Your optional life insurance premium will increase the month before (for coverage for the month of) your birthday when you change age bands. Your optional life insurance premium will change as the result of a change in annual salary on the effective date of the change in salary. 

    Employees pay optional life insurance coverage premiums on a post-tax basis.

  11. How do I determine how much life insurance coverage I should have?

    How much life insurance coverage you should enroll in is a personal decision and should be considered carefully. To aid you in determining your needs, visit the Securian website or Ellie, Securian’s interactive life insurance learning resource and calculator specific to State of Florida members. 

  12. How can I elect or increase optional life coverage after my new hire period?

    You may elect or increase optional life coverage during Open Enrollment or within 60 days of certain QSC events.

    To elect optional life coverage you must enroll in the People First system and submit an evidence of insurability form to Securian at the same time. Securian must approve your evidence of insurability (sometimes also called medical underwriting or proof of good health) to start your new coverage level and payroll deductions.

    To increase your optional life coverage you must change your election in People First. If evidence of insurability is required, you must submit your evidence of insurability form to Securian when you make your election in the People First system. Securian must approve your evidence of insurability to start your new coverage level.

    • Without providing evidence of insurability, you may increase your existing optional life coverage election by one coverage tier up to the lesser of:
      • 5x your annual earnings; or
      • $500,000 in coverage without providing evidence of insurability.
      • You must submit an evidence of insurability form to Securian when you make your election in People First if you want to:
        • Elect optional life coverage for the first time
        • Increase your optional life coverage by more than one coverage tier;
        • Increase your optional life coverage to an amount greater than 5x your annual earnings; or
        • Increase your optional life coverage amount to more than $500,000 in coverage.
  13. I am dually employed by the State and both are salaried positions. How does this impact my optional life coverage?

    The benefit for optional life coverage is based on your annual earnings. If you are enrolled in 2x optional life coverage your benefit amount will be your first salary plus your second salary times two. Please note: Payroll deductions may be taken for only one position, resulting in a partial premium payment, and you may need to send in a monthly check or money order to People First for the remainder of the premium due. Please call the People First Service Center if you have questions about how your optional life insurance premiums should be paid.

  14. What is the dependent spouse life insurance benefit?

    There are two benefit options for dependent spouse life insurance: $15,000 and $20,000.

    Employees enrolled in basic life insurance with a legal spouse registered as a dependent on the People First website may enroll in dependent spouse coverage. If your spouse is also a benefits eligible State employee or a State retiree enrolled in basic retiree life insurance coverage, you may not elect dependent spouse coverage. You may enroll your State retiree spouse if the spouse is not enrolled in or cancels their basic retiree life coverage and you add dependent spouse coverage at the same time. The State retiree spouse must not have a break in coverage to be eligible to elect basic retiree life coverage once you have left State employment. Both options are guaranteed issue during your initial eligibility.  If elected outside of initial eligibility, evidence of insurability is required.

    Employees pay dependent spouse life insurance coverage premiums on a post-tax basis. 

  15. May I enroll a domestic partner or continue enrollment of an ex-spouse in dependent spouse life insurance coverage?

    No, only legal spouses are eligible for enrollment in dependent spouse coverage. If you divorce, you must notify People First and remove your ex-spouse from coverage. 

  16. What is the dependent child life insurance benefit?

    The dependent child life insurance benefit is $10,000. Employees enrolled in basic life insurance may enroll eligible children in dependent child life insurance coverage. Dependent children are eligible for this coverage until the end of the calendar year in which the child turns 26. Dependent children who are also benefits eligible State employees or are the spouse of a benefits eligible State employee are not eligible for dependent child life insurance coverage.

    Employees pay dependent child life insurance coverage premiums on a post-tax basis. The premium for this coverage is the same, regardless of the number of dependent children enrolled in coverage. 

  17. What is the basic retiree life insurance benefit?

    There are two coverage level options for retirees: $2,500 and $10,000. Retirees pay basic retiree life insurance premiums. You may have premiums deducted from your pension check or you may submit a personal check or money order to People First each month. 

  18. How do I designate or change my beneficiary?

    Visit www.lifebenefits.com/florida or fill out a beneficiary designation and change request form found at Forms and Resources and mail or fax to Securian’s Tallahassee branch office. Securian’s fax number and mailing address are on the form.

    You may change your beneficiary at any time. 

  19. How do I verify my beneficiary designation?

    Visit www.lifebenefits.com/florida or call Securian at (888) 826-2756.

  20. May I select a different beneficiary for basic and optional life coverage?

    You may not select a different beneficiary for basic and optional life coverage, but you may have multiple beneficiaries and prorate your beneficiary proceeds among your primary and contingent beneficiaries. 

  21. Who is the beneficiary for dependent spouse and dependent child life coverages?

    The employee is the automatic beneficiary for both dependent spouse and dependent child coverage. This beneficiary designation may not be changed. 

  22. When do I have to provide evidence of insurability?

    You must submit an evidence of insurability form when you:

    • Enroll in optional life or dependent spouse coverage outside of your 60-day new hire period;
    • Elect optional life coverage during Open Enrollment for the first time outside of your initial eligibility.
    • Increase your optional life coverage by more than one coverage tier during Open Enrollment or within 60 days of an appropriate Qualifying Status Change (QSC) event;
    • Enroll in optional life coverage exceeding $500,000;
    • Enroll in optional life coverage at six or seven times your salary (up to $1 million maximum);
    • Enroll your spouse in dependent spouse coverage outside your 60-day marriage QSC event period.

    If you do not submit your evidence of insurability form when required, your election will not become effective and you will remain at your previous coverage level.

  23. If I have to provide evidence of insurability, do I have to have a physical exam?

    Physical exams are not usually required. 

  24. Will I be notified if my evidence of insurability doesn’t get approved?

    Yes, Securian will notify you in writing.

  25. What happens if I elect a coverage amount greater than the amount of guaranteed issue coverage available to me and my evidence of insurability is denied?

    If you apply for coverage above the guaranteed amount and are declined due to health reasons, you will still receive the guaranteed amount. For example:

    New hires have the opportunity to elect the lesser of 5X their annual earnings or $500,000 in Optional Group Term Life insurance on a guaranteed basis. The maximum amount electable is the lesser of 7X annual earnings or $1,000,000. If you are a new hire and you elected 6X your annual earnings, but are declined for the full amount due to medical underwriting, you will receive the maximum guaranteed amount of 5X your annual earnings or $500,000, whichever is less. 

    Employees have the opportunity to increase their existing Optional Group Term Life coverage by one level of annual earnings during open enrollment or following a qualified status change, up to the lesser of 5X annual earnings or $500,000, on a guaranteed basis.  If you are a current participant with 1X your annual earnings in Optional Group Term Life coverage and you elect to increase your coverage to 3X your annual earnings during open enrollment, but are declined for the full amount due to medical underwriting, you will receive the guaranteed amount of an additional 1X your annual earnings, increasing your coverage amount to 2X your annual earnings.

    Employees have the opportunity to increase their existing Optional Group Term Life coverage by one level of annual earnings during open enrollment or following a qualified status change, up to the lesser of 5X annual earnings or $500,000, on a guaranteed basis.  If you are a current participant with 5X your annual earnings in Optional Group Term Life coverage and you elect to increase your coverage to the maximum of 7X your annual earnings during open enrollment, but are declined for the full amount due to medical underwriting, your coverage will remain at 5X your annual earnings.