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Decreasing Your Optional Life Insurance Coverage

Oct 13, 2021, 15:55 PM by MOSERS
How can I change the amount of optional life insurance from $40,00 to $20,000? The premium has raised a lot for $40,000. Thanks

When you move into a new age bracket, the premiums go up. To decrease your optional life insurance, please complete an Enrollment/Change - Optional Life Insurance form and submit it to MOSERS. You can complete the form and submit it electronically by logging in to myMOSERS This can be done any time throughout the year. Remember, to be eligible for future annual review periods, you must maintain at least $10,000 of optional life insurance coverage.

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