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Decreasing Your Optional Life Insurance Coverage
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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We strive to provide the most accurate information possible in our answers to Rumor Central questions. However, occasionally, laws, policies or provisions change and individual circumstances may vary. Please contact a MOSERS benefit counselor or see the handbooks in our website Library for more detailed information. If there is any difference between the information provided in this blog or on the MOSERS website and the law or policies that govern MOSERS, the law and policies will prevail. See our Privacy, Security & Legal Notices for more information.