LMCIT partners with Ochs, Inc., and Minnesota Life, to offer multiple coverage options of basic term life insurance to city employees, as well as supplemental life insurance for employees and spouses.
Basic term life insurance is available to cities and their employees. This city-funded benefit must include all employees, and is available to cities with 10 or fewer employees at three different benefit levels. Subject to underwriting guidelines, options include:
Accidental death and dismemberment benefits, which double the life insurance benefits in certain circumstances, can be added to the basic term life coverage for all employees. The cost of this coverage is an additional $0.03 per $1,000 of coverage per employee.
Optional term life insurance coverage is available to city employees in blocks of $5,000. Subject to underwriting guidelines, additional options include:
Rates for employee and spouse coverage are based upon the age of the employee and his or her spouse. Dependent children are covered at an additional $1.30 per month per family.
For cities with groups of 10 or more employees, LMCIT offers alternative basic term life and supplemental life insurance benefits. Rates are dependent upon options selected and employee census information.
For more information about the League's long-term care, life, or disability coverages call Ochs, Inc., (651) 665-3789 or (800) 392-7295 or call the League, (651) 215-4095 or (800) 925-1122.
Learn how HIPAA, the Health Insurance Portability and Accountability Act, impacts Minnesota cities.
The League is here to help cities understand their HR & Benefits responsibilities and opportunities. Our HR & Benefits staff responds to more than 3,000 inquiries each year, providing a variety of information resources and services to member cities.