Loyola University Chicago

- Navigation -

Loyola University Chicago

Human Resources

Life Insurance

Evidence of Insurability

Evidence of Insurability (EOI) is the process by which an insurance carrier determines that an employee or spouse is insurable at or above a certain dollar amount by requiring proof of good health. If employees are newly hired, they may elect supplemental life insurance up to 2x annual salary without an EOI, if they enroll within the first 31 days of employment. Any new election or increase to coverage made after a new hire enrollment period will require EOI.

To start the EOI process, complete a Benefit Enrollment/Change Form. Complete sections 1 and 8 on the form, sign and date it, and return to Benefits via e-mail at hr-wtc@luc.edu or fax to 312.915.7612. A Benefits representative will contact you after receipt of your form and advise you on the next step.

Evidence of Insurability
Basic Life Insurance 1.5x Evidence of Insurability does not apply
If your supplemental life exceeds 2x your annual salary Evidence of Insurability applies
If Spousal Dependent Life is greater than $25,000 Evidence of Insurability applies
Any change to supplemental or spousal life, if it is not elected within the first 31 days of employment Evidence of Insurability applies


Life insurance benefits are paid to the beneficiary on file when a life insurance claim is processed. You are automatically the beneficiary of any life insurance you choose for your spouse and children. Beneficiaries can be updated online anytime during the year by visiting Lawson Employee Self-Service. You are able to designate both a primary and secondary beneficiary for your own insurance plan. Below is some suggested wording for identifying that beneficiary.

Suggested Wording for Beneficiary Designation
Type of Beneficiary Wording to Be Used
To your estate
One beneficiary
Two beneficiaries (equal shares)
Two beneficiaries (unequal shares)
One primary and one contingent
Mary J. Smith, wife
James Jones, brother, and Mary Scott, friend, in equal shares or the survivor, if any.
John J. Wills, father, as to two-thirds and Mark I. Wills, brother, as to one-third or the survivor, if any.
Lois P. Gomez, wife, if living otherwise Tom V. Gomez, son

Continuation of Life Insurance

Life insurance ends on your last day worked. Dependent life insurance coverage terminates either when your coverage ends or when the individual ceases to be your eligible dependent. For life insurance purposes only, an unmarried dependent child, who is eligible for life insurance benefits, is covered up to age 26. You may have portability options to continue your life insurance, provided you are not sick or injured. Portability permits a portion of your existing (group) coverage to be continued through the carrier after your University employment ends if you contact Prudential within 31 days of your last day worked.

Alternatively, you have the option to convert your group life insurance to an individual (permanent) whole life policy with the carrier, Prudential. You must act within 31 days of your termination date to continue coverage under either option.

To obtain an application for either option, you may contact Prudential at 800.778.3827. Please provide the contract number 51765 when calling. Representatives are available to assist you Monday through Friday between 8 a.m. and 8 p.m. Eastern Time.

revised 1.8.14