Life Insurance

The State of Florida offers eligible retirees term life insurance, including an accidental death & dismemberment (AD&D) benefit through Minnesota Life Insurance Company.

COBRA eligible individuals can only continue State Life Insurance by converting to an individual policy through Minnesota Life.

Coverage and Premiums

There are two levels of coverage for retirees: $10,000 of coverage or $2,500 of coverage. Retirees contribute $29.65 per month for $10,000 of coverage and $7.41 per month for $2,500 of coverage.

Accidental Death & Dismemberment AD&D

Basic life insurance coverage includes AD&D coverage. In the event of accidental death or dismemberment, payment will be made based on the injury's severity - equal to between 25% and 100% of the coverage amount.

For more information on life and AD&D benefits, see the Minnesota Life Brochure or contact Minnesota Life at (888) 826-2756.

You Name Your Beneficiary

To designate or change your beneficiary online, go to www.lifebenefits.com/florida, or get a form at Forms and Publications and send it to Minnesota Life’s Tallahassee branch office at the address on the form. If you do not designate a beneficiary in writing, Minnesota Life pays the proceeds according to the default beneficiary provisions of the policy in this order: your spouse, children, parents and the personal representative of your estate. Payments made to an estate, however, may result in a reduction in total benefits due to taxes and probate costs.

Accelerated Death Benefit

The life program includes an advanced benefit if a covered member receives a terminal illness diagnosis that anticipates death within a one-year period. You may be eligible for an advanced payment of up to 100% of your life insurance benefits.

For more information on life and AD&D benefits, see the Minnesota Life Brochure or call Minnesota Life at (888)826-2756.

Additional Services Available for Plan Participants

Legal Services - Ceridian Lifeworks provides telephone access to a national network of attorneys for consultation on various legal issues, including simple wills. Visit lifeworks (user name: will   password: preparation) or call 1-877-849-6034.

Legacy Planning Services - These services are designed to help individuals and families work through end-of-life issues when dealing with the loss of a loved one or planning for their own passing.