The State of Indiana offers five types of coverage: basic, supplemental, voluntary AD&D, spouse dependent life, and child dependent life insurance. Take the time to review your finances and consider which option and coverage amount is best for you and your family.
Within your Open Enrollment event you can make the following changes without going through underwriting. These include:
- Electing Voluntary AD&D and Child Only Dependent Life insurance (if you are currently enrolled in Basic Life and AD&D insurance).
- Child Only Dependent Life insurance may be elected in increments of $5,000 up to and including $20,000 for your children.
- Decreasing your coverage level or dropping any of your life insurance plans.
- Updating your beneficiary information and/or allocation amounts.
Any updates you make to your life insurance within your open enrollment event will be effective January 1, 2026.
Life election changes outside of Open Enrollment
If you wish to elect or increase your Basic Life and AD&D, Supplemental Life or Spouse Dependent Life coverage, the process could not be easier. All you need to do is complete the online Evidence of Insurability (EOI) process at www.lifeBenefits.com/SubmitEOI. On average the application only takes 10 to 30 minutes to complete. Once you submit your application Securian will review your information through underwriting and if approved, State Personnel Benefits will automatically enroll you in the requested coverage.
Evidence of Insurability (EOI)
Some life insurance changes require Evidence of Insurability (EOI). EOI is required to enroll or increase your coverage level of basic, Supplemental Life, and Spouse Dependent Life policies. The EOI application can be completed online at any time. On average the application takes 10 to 30 minutes to complete. Instructions on how to submit EOI through Securian can be found at www.in.gov/spd/openenrollment/files/EOI-Instructions.pdf. Once submitted, Securian reviews your application and informs both you and INSPD Benefits of its decision. If approved, INSPD Benefits makes the appropriate changes to your life insurance plans and starts the premium deductions.
Beneficiary Changes
Open Enrollment is a great time to review your current life insurance beneficiary information. It only takes a couple of minutes to verify your beneficiary designations and update their contact information in your Open Enrollment event. By routinely checking this information you are assuring you have allocated your life insurance benefits as desired, since certain life events such as marriage, divorce, birth or death may change how you want your benefits paid out.
In addition to confirming your beneficiary allocation, you should also update their contact information. It is extremely important PeopleSoft has the correct addresses and phone numbers for all of your beneficiaries. This information is used to identify and locate your designated beneficiaries if a claim is processed. Without updated contact information it may take a significantly longer period of time to pay out a claim.
Notify your Beneficiaries
Once you have designated your beneficiaries, it is a good idea for you to notify them of your policy and your decision to list them as a beneficiary. Under Indiana State Personnel’s policy, we will not share coverage amounts or beneficiary information to anyone besides you as the policy holder. Providing policy information to your beneficiaries prior to a claim occurring makes a difficult situation easier to cope with, especially when dealing with the financial aspect of the loss.
You may change your beneficiary information at any point during the year. For instructions on how to update your beneficiary information yourself, view the Self-Service Beneficiary Change - Quick-Step Guide. You may also contact the Benefits Hotline at 317-232-1167 or 877-248-0007 for assistance.
If you make a beneficiary change within your Open Enrollment those changes will go into effect on January 1, 2026.
Child Life Insurance – New requirement to enroll child(ren) you want to cover
Enrolling in Child Life Insurance this year will look a little different. Like your health insurance plans, you will need to enroll your children into child life. This means to continue Child life coverage; you must actively select the child(ren) you wish to cover. To do so, all you need to do is follow the below simple steps after accessing your Open Enrollment event:
- Select the Child Life benefit tile
- Select the desired Plan under the Enroll in Your Plan section that you wish to enroll in.
- Select the dependent(s) you wish to enroll by checking the box next to their name under the Enroll Your Dependents section.
- If you wish to Add/Update Dependent select the Add/Update Dependent button.
- Then, select Done.
- After selecting your desired benefit plan elections from all the tiles, you will select the Submit Enrollment button from the Benefits Enrollment page.
- Select the Done button on the Benefits Alerts pop up.
- If the Status under the Enrollment Summary shows “Submitted,” your elections have been saved.
If you forget to enroll your child(ren) in your Child Life Insurance, you will be unable to submit your Open Enrollment. When you attempt to submit your Open Enrollment event, you will receive an error message. Please do not disregard this message, to submit your Open Enrollment event you must go back into your Child Life tile and elect at least one dependent or waive the Child Life coverage.
If you have any questions, please contact the Benefits Hotline at 317-232-1167 or toll free at 877-248-0007. The Benefits Hotline is available Monday through Friday from 7:30 a.m. to 5:00 p.m. ET.
