If you are eligible for State of Illinois group insurance benefits and do not have a beneficiary designated for your life insurance plan, action is required to update your records! Submit your beneficiary elections in NESSIE by clicking the Update Life Insurance link. Completing this online will expedite the process.
If you do not have online access, a paper form can be completed and mailed directly to Minnesota Life at the address on the form. After submission of this form online or via paper, you will receive a confirmation from Minnesota Life through U.S. mail.
What if I didn’t sign up for life insurance?
All benefits-eligible employees are automatically enrolled in State of Illinois’ basic term life insurance in an amount equal to their annual salary. Please note that up to $50,000 of life insurance is tax exempt, and amounts in excess of $50,000 are taxed as imputed income. See more information about life insurance imputed income.
Why is a beneficiary important?
Your beneficiary designation is your statement of who you want to receive your life insurance benefits. Without a beneficiary designation, in the event of your death, benefits can be delayed and may exclude those you wished to receive benefits. Having a beneficiary designation on file will ensure that your insurance benefits will be distributed more quickly, and to the individuals you specified.
Questions?
See State Group Life Insurance in NESSIE or contact University Payroll and Benefits (UPB).
- Email: benefits@uillinois.edu
- Urbana: 217-333-3111
- Chicago: 312-996-6471
- Springfield: 217-206-7144 or 217-206-7211
