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Office of Management and Budget : Statewide Benefits Office >> Benefit Programs

GROUP LIFE INSURANCE

Minnesota Life Group Universal Life (GUL) Program Changes

Effective November 1, 2011
The GUL program affords enrolled employees the option of making additional premium contributions into a Cash Accumulation Account with the objective of building cash value on a tax-deferred basis. You may start, stop, or change your contributions to the Cash Accumulation Account at any time. You may withdraw up to 100 percent of your policy's net cash value. The minimum withdrawal amount is $100. Effective November 1, 2011, the $10.00 per withdrawal service fee was removed from the State of Delaware's GUL program. You may also take a loan against the cash value that does not have to be repaid, but interest continues to be added to any outstanding loan balance. Please refer to the Enrollment Packet below for more information on the Cash Accumulation Account. To see how cash value may grow at different contribution levels, log onto Minnesota Life's website at www.lifebenefits.com and use the online cash accumulation tool.

Effective January 1, 2011

Benefits eligible active employees enrolled in the GUL program can choose from the following dependent Term Life options:

	Spouse:	$20,000/$7.05 per month
	Spouse:	$10,000/$3.08 per month
	Child(ren):	$10,000 for each eligible child/$1.16 per month (Covers all eligible children)

Also, employees enrolled in the GUL program with child(ren) coverage as of December 31, 2010 had their coverage increased automatically from $6,000 per child(ren) to $10,000 per child(ren) effective January 1, 2011 with no increase to the cost of the child(ren) coverage. The Accelerated Benefit is also available to enrolled child(ren) who are diagnosed with a terminal illness resulting in a life expectancy of 12 or fewer months. For more information on this valuable benefit, please refer to the Accelerated Benefit Claims Processing Steps below.

Will Preparation and Legal Services benefit provided by Ceridian LifeWorks' is available to benefits eligible active employees enrolled in the GUL program, their spouses and other dependents at no cost. Click on the link below for a detailed description of this new service.

Legal Services Employee Brochure
For additional information, please visit www.lifeworks.com.
Username: will
Password: preparation

Effective July 1, 2009
Employees enrolled in the GUL program leaving active employment in a benefits eligible position with the State will be able to port (take with you) 50% of the coverage in effect as of their last day of employment. Amounts not "ported" can be converted to an individual policy (based on attained age) with Minnesota Life if application is made within 31 days of employment termination or retirement.

Plan Administrator

Minnesota Life Website
User ID: The letter "d" followed by your 6 digit State of Delaware employee ID
Password: Your 8 digit date of birth (mmddyyyy) plus the last 4 digits of your SSN
(Note: Password must be changed after initial sign-on)

Minnesota Life Contact Information