AIG Accidental Death & Dismemberment Insurance

West Virginia University, through AIG Life Insurance Company, offers employees and their dependents a Group 24-hour Accident Program. This employee paid, payroll deducted plan is available under the pre-tax provision; therefore, changes may only be made during each year's open enrollment.

Benefits Include:

• A benefit for accidents on or off the job.
• A benefit for loss of speech and hearing.
• A "Paralysis Benefit" which covers either partial or total paralysis for a covered accident.
• A "Common Disaster Benefit" which increases your spouse's insurance in the event of a loss which results in the loss of both your lives within 365 days of the accident.
• An "Education Benefit" for college-age children when employees purchase the Employee and Family coverage.
• A "Seat Belt Benefit" which increases coverage 10% (to a maximum of $25,000) in the event an employee should suffer loss of life as a result of a covered automobile accident while wearing a seat belt.

Eligibility and Coverage Amounts

Full time benefit eligible employees of West Virginia University may purchase any amount of insurance in multiples of $10,000, from $10,000 to $350,000. Amounts above $250,000 cannot exceed 10 times annual salary.

Coverage Options

Family coverage insures your spouse for 50% and each eligible dependent child for 15% of your amount. If you have no eligible dependent children, your spouses sum is 60% of yours. If you have no eligible spouse, each eligible child's amount increases to 20% of your amount (with a $25,000 maximum.)

Premium Payment

Premiums are paid on a 9-month basis by payroll deduction and are permitted under the pre-tax provision. A brochure and enrollment form that explains the coverage in more detail is available at the Division of Human Resources Benefits Office.