• Life Insurance

    Monmouth University offers life insurance coverage to eligible full-time employees on the first of the month following 30 days of full-time continuous employment.

    Coverage for administrators and faculty is one and one-half times their annual base salary rounded to the lower thousand. The University pays 75% of the monthly premium, while the employee pays 25% of the monthly premium.

    Coverage for staff is one time their annual base salary rounded to the lower thousand. The University pays 100% of the monthly premium.

    Coverage for patrol officers and supervisory police is two times their annual base salary rounded to the lower thousand. The University pays 100% of the monthly premium.

    If an employee enrolls within 30 days of eligibility, a physical is not required, and the carrier cannot refuse enrollment.

    An employee can waive life insurance coverage and apply at a later time. However, the employee must complete an evidence of insurability form with the late application. The carrier may request an employee to submit to a physical exam in order to be considered for late enrollment. The carrier also has the right to reject enrollment.