This benefit is in addition to Basic Life. Senior Management Life – Two times senior manager's annual salary to a maximum of $800,000. Expanded Dependent Life – Up to 50 percent of employee supplemental life benefit (maximum of $200,000) for spouse or domestic partner $10,000 each for eligible children.For more information on how and when this might apply to you, click here. Basic Dependent Life – $5,000 coverage each for spouse or domestic partner and/or eligible children Prudentials PruLife Essential UL is a universal life insurance product with flexible premiums, a flexible death benefit and the potential for cash value. NOTE: The recently signed law that will increase the maximum coverage available for Servicemembers'(SGLI) and Veterans' Group Life Insurance (VGLI) from 400,000 to 500,000 will take effect March 1, 2023.Supplemental Life – Four coverage levels from $20,000 to four times annual salary up to $1 million.Basic Life – Benefit equal to employee's annual salary up to a maximum of $50,000.And you may be eligible to buy additional coverage for yourself and your family members. UC automatically provides basic life insurance coverage for all eligible employees. NOTE: The recently signed law that will increase the maximum coverage available for Servicemembers(SGLI) and Veterans Group Life Insurance (VGLI) from 400,000 to 500,000 will take effect March 1, 2023. Life insurance provides financial protection for your dependents in the event of your death, and can be important to their future security.
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