As an actively employed MOSERS member, you receive basic life insurance equal to one times your annual salary at no cost to you. Your employer pays the premium. The only time your basic life insurance coverage increases is if your salary increases. However, as an active member, you may be able to purchase additional optional life insurance coverage for yourself and your dependents.

To do so, complete and submit the Enrollment/Change-Optional Life Insurance form at myMOSERS and also the Standard Medical History Statement.

MOSERS offers an Annual Life Insurance Review Period every October for member coverage. The review period gives eligible members the chance to increase their own optional coverage in increments of $10,000 without completing additional medical history forms. We will notify you each September if you are eligible. A family status change, such as marriage, also allows you to apply to increase your coverage within 31 days of an eligible life event without proving insurability. You may be eligible to purchase optional life insurance any other time during the year, but you will need to submit evidence of insurability.

Please note that once you have retired, you cannot add or increase MOSERS insurance coverage on yourself, and you cannot continue optional life insurance coverage on your spouse into retirement. To retain life insurance coverage for any dependent child(ren), you must complete the Retain/Terminate Dependent Child Life Insurance form prior to the payment of your first retirement benefit.