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    Home » Open Enrollment 2025: Boost Your Optional Life Insurance
    Life Insurance

    Open Enrollment 2025: Boost Your Optional Life Insurance

    insurancejournalnewsBy insurancejournalnewsFebruary 24, 2025No Comments2 Mins Read
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    Open Enrollment 2025: Secure Your Future

    Open Enrollment for 2025 benefits is just around the corner!

    This year’s enrollment period begins Monday, October 21, and ends Friday, November 1, at 5 p.m.

    This is your yearly chance to adjust your health, dental, vision, and legal services plans. Remember, changes you make will take effect on January 1, 2025. Keep in mind that if you’re happy with your current benefits, no action is needed, except for Flexible Spending Accounts, which require annual re-enrollment.

    virtual benefits symbols with
    virtual benefits symbols with “benefits” in the middle on a blue background

    One important option during Open Enrollment is increasing your optional life insurance coverage. You can expand your coverage up to 1 times your salary. Any changes you make will go into effect on January 1, 2025.

    You can select optional life coverage ranging from $10,000 up to $1.7 million, depending on your earnings. For detailed information on options, monthly costs, and to use a cost calculator, visit the Optional Life Insurance Plan web page.

    A pink piggy bank next to
    A pink piggy bank next to “2025” in writing

    If you have any queries, please contact the Shared Services Center – HR Customer Care at (734) 615-2000 or toll-free at (866) 647-7657, or send an email to [email protected]. The SSC Contact Center – HR Customer Care is available Monday through Friday from 8 a.m. to 1 p.m. and again from 2 p.m. to 5 p.m. ET.

    As you evaluate your Open Enrollment options, remember that there are resources available to help you choose the health plan that best fits your needs.

    You can update your address anytime through Wolverine Access by going to Employee Self Service > Campus Personal Information > Addresses > Current Local.

    Also, double-check the beneficiaries listed for your U-M life insurance and retirement savings plan accounts.

    Keep an eye out for more information about Open Enrollment in UHR News, the University Record, and your U-M email.

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