KPERS Optional Group Life Insurance 

Benefits-eligible employees may purchase from $5,000 to $250,000 in optional group life insurance coverage. Coverage of $50,000 is guaranteed, regardless of health, when the insurance company receives the employee’s application within the first 30 days of employment. Premiums are paid through payroll deduction.

This coverage may be continued after retirement or resignation by converting the term policy to an individual life policy and paying the applicable premium directly to the insurance company.

When Eligible: Coverage is available at any time during employment, subject to underwriting approval. The guaranteed coverage is available only when the application is received by the insurance company within 30 days from the employee’s date of employment.

Who Pays: The employee pays premiums based on age and amount of insurance coverage purchased.

Employee Rates: KPERS Optional Group Life Insurance Rates Chart (pdf)

Spouse Rates: KPERS Optional Group Life Insurance Rates Chart for Spouse (pdf)