Department of Human Resources
Mutual of Omaha - Voluntary Life Insurance
Mutual of Omaha Plaza
Omaha, NE 68175
Mutual of Omaha is the college's provider of life insurance products.
All full-time employees are eligible.
New Hires: All full-time employees are eligible to apply for coverage upon hire. Coverage becomes effective the first of the month following 60 days of employment.
Qualifying Family Status Changes: Changes to your coverage may be made within 30 days of a qualifying family change. Examples of a qualifying family status change are birth or adoption of a child, marriage and divorce.
Annual Open Enrollment: Employees who initially decline coverage and choose coverage during an annual Open Enrollment must complete medical questions (Evidence of Insurability) and are subject to pre-existing conditions in addition to the medical underwriting.
- Opportunity to purchase group term life insurance and optional AD&D (Accidental Death and Dismemberment) on a payroll deduction basis.
- Employee, Spouse and Dependent Children coverage is available. Employee can purchase up to 5 times their salary up to $300,000. Employee must elect coverage in order to elect Spouse and/or Dependent Children coverage. Spouse's benefit cannot exceed 50% of employee's election.
Benefits reduce as follows:
35% upon the attainment of age 65
An additional 25% of the original amount at age 70
An additional 15% of the original amount at age 75
Benefits will terminate at age 80 or retirement
- Other features include:
Waiver of Premium
Accelerated Death Benefit
Contact your Benefits Coordinator for claim information.
If you have questions about the benefits offered through this plan, contact your Benefits Coordinator.
Mutual of Omaha web site: www.mutualofomaha.com/customer-service/
Beneficiary Change Form
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