Accident Insurance

The University offers full-time, benefit-eligible faculty and staff access to voluntary accident insurance administered by Securian Financial. Accident insurance provides a lump-sum benefit payment to protect you and your family from financial hardship if you or a covered family member dies or suffers a serious injury as result of an accident. The payment can help with any of the out-of-pocket expenses incurred as a result of an accident, such as insurance deductibles, copays, transportation to/from medical centers, childcare and more.

Eligibility

Benefit-eligible faculty and staff members are eligible to enroll. Participation is voluntary for an additional monthly premium. Evidence of insurability is not required.

Dependent children who meet the dependent verification requirements are eligible up to the age of 26. Once a child loses eligibility, the child’s coverage will terminate at the end of the calendar month in which eligibility is lost.

If both spouses are eligible University employees, only one of you (not both) may choose individual + 1 or family coverage, and only one of you may cover dependent children. You may not be concurrently enrolled both as an employee and as a dependent.

Covered Benefits

Below is a partial summary of benefits covered. For a complete Schedule of Covered Benefits please see the Certificate of Coverage. For the Accident Plan Summaries click below:

Accident Plan Summary (PDF)

Benefit Payout
Daily Hospital Limit $100 per day (non-ICU)
$200 per day (ICU)
Emergency Room Treatment Up to $50
Ambulance (Ground/Air) $200/$750
Appliance Up to $250
Physical Therapy $100 per day (inpatient)
$300 lump sum (outpatient)
Fractures Varies based on type of fracture
Up to $3,000 (surgical); up to $1,500 (non-surgical)
Chip fractures: up to $375
Dislocations Varies based on type of dislocation
Up to $3,000 (surgical); up to $1,500 (non-surgical)
AD&D (employee) Up to $25,000
3 times for death on common carrier
Other Covered Benefits Blood, plasma, platelets; emergency dental; burns, skin graft, lacerations; coma; concussion; eye injury; hospital rehabilitation; inpatient surgery; lodging; medical testing; pain management; prosthetic device; tendon, ligament, rotator cuff, ruptured disc; therapy services; torn knee cartilage; transportation

Accident Insurance Rates

Coverage Level Rate
Individual* $5.52
Individual + 1 $8.68
Family $15.84
Benefit Reductions to AD&D coverage: 25% at age 65; 50% at age 70

*Participants who enroll in the Anthem HSA and HDHP/HRA plans are automatically enrolled in Accident Insurance individual coverage at no additional cost. For more information please review the information on the medical plan options.

How Accident Benefit Payments Work

Benefits are paid when an accident causes fractures, dislocations, loss of limbs, burns, hospital and ambulance expenses, accident-related disabilities or death. It can also assist to cover costs regarding hospital/emergency room care, injuries requiring surgery, ambulance fees, physical therapy, recovery income and family lodging.

Claims Process

Securian Financial administers the University’s accident insurance claim process. Eligible faculty and staff must contact Securian directly to file a claim by writing or calling their toll-free number, 1-866-365-2374 and speaking with a Securian benefits consultant or through Securian’s website at www.securian.com. Please refer to your Certificate of Coverage for complete information on claim information.

Additional Information

Accident Insurance Certificate of Coverage (Coming soon!)

Medical Plan Options


Frequently Asked Questions:

Do I need to provide evidence of insurability?
No. You and your dependents are guaranteed issue within the first 31 days from date of hire or a qualifying event.

What is the maximum amount I can receive?
The maximum amount you can receive is based upon a schedule of covered benefits. Please refer to your certificate for a listing of this coverage.

How do I pay for my coverage?
Your coverage is paid through payroll deduction.

Is there a waiting period before my policy is effective?
No. Your policy is effective the first of the month following date of hire or qualifying event.

Do benefits reduce as I age?
AD&D benefits are reduced 25% at age 65 and 50% at age 70.

If I separate from the University, can I keep my coverage?
You may be eligible to port your coverage after separation. You must make a request within 31 days of separation from the University and you must continue to pay the premiums to keep your coverage in force.

How do I update my beneficiary?
Through Securian directly, otherwise will be paid to the beneficiary on record with the University.

Is the lump sum payment taxable to me?
If you are enrolled in the employer paid accident coverage, the lump sum payment is taxable to you and you will receive a 1099 at tax time. If you are enrolled in the voluntary employee paid plan, the lump sum payment is not taxable to you.