Why life insurance matters
What is life insurance? | Resource
Life insurance helps your loved ones meet financial obligations in the event of an
untimely death including, but not limited to, final expenses, student loans, mortgages,
caring for surviving spouse/children, etc.
UA paid basic life insurance | Resource
All benefit-eligible employees are provided with $100,000 of basic life insurance.
This is provided at no cost to the employee. Additional life insurance is available
for purchase if benefit-eligible employees need additional coverage. This is called
"supplemental life insurance."
Note: since it is above the $50,000 threshold set by the IRS, there are tax implications. Review our basic life insurance webpage for more information.
Supplemental life insurance | Resource
All benefit-eligible employees can purchase additional life insurance. Supplemental
life insurance can be purchased to cover the employee, a spouse/FIP, and/or children.
There is a guaranteed issue amount where no medical information is necessary. Anything
over the guaranteed issue would require Evidence of Insurability (EOI).
General resources
Securian provides a tool - Benefit Scout - to help you determine how much life insurance you need. Answer a few questions about your family make-up, your debt, and your savings and retirement and a recommendation will be provided for you.
This applies only to the supplemental life insurance plans for employee and/or spouse/FIP. If purchasing over the guaranteed issue, and EOI must be completed in order to increase coverage.
- Learn about the guaranteed issue amounts (age limits apply)
- Learn about the EOI process
- Complete an EOI
A beneficiary is highly recommended for both basic and supplemental life insurance. This helps ensure that the funds are going to the correct person(s). The spouse/FIP and Child coverages only allow for the employee to be the beneficiary. This cannot be changed.
This is provided to employees enrolled in basic and/or supplemental life.
This is provided to employees enrolled in basic and/or supplemental life.
Emailed via benefits newsletter on 1/20/2026.
Published in UA News on 1/23/2026.
Contact Benefits: (907) 450-8242 | ua-benefits@alaska.edu | schedule one-on-one time