Are All Life Insurance Policies the Same? What’s the Difference? Life insurance comes in two main types: term and permanent. Term Policies: These are valid for a specified period, such as 20 or 30 years, or based on your employment term. Term policies are typically affordable and provide substantial coverage. If you outlive the term, no benefit is paid. The University … [Read more...] about Benefit Spotlight: Life Insurance
Open enrollment: Now through Dec. 1 This is your chance to review and make changes to your health insurance and other benefits for the upcoming year. Open enrollment information Virtual Benefits Fair: Missouri State University is excited to bring you another Virtual Benefits Fair, powered by Airbo, for 2024. You’ll be able to learn about 2025 benefits and open enrollment … [Read more...] about Open Enrollment and Virtual Benefits Fair
June 28 marks National Insurance Awareness Day, urging a thorough review of your insurance coverage to avoid being underinsured. Insurance provides essential security for loved ones and aids in recovering losses from damage, illness, or death. While insurance doesn't cover everything, it significantly alleviates financial burdens during crises. Remember to assess policies … [Read more...] about Know your Policies!
Open enrollment ends Dec 1. Open enrollment is the annual period during which you can elect/decline/or make changes to your medical, dental, vision, and cafeteria/flexible spending plans for the upcoming calendar year. (Flexible spending elections must be elected annually). Additionally, the open enrollment allowed guaranteed issue elections for term life insurance and for … [Read more...] about Deadline for wellness discount and benefit changes is December 1
Are all life insurance policies the same? What’s the difference? There are different types of life insurance policies, and they fall into two main categories: term and permanent. Term policies– Like the name implies are good for a set period (term) of time. On the open market, these policies are usually purchased in 20- or 30-year term periods, and those provided by … [Read more...] about Benefit Spotlight: Life insurance