OU's AD&D plans are administered by The Standard.
OU employees receive accidental death and dismemberment insurance (AD&D) as part of the core benefits provided by The University of Oklahoma. The university also offers optional accident protection insurance for you, your spouse and your children. This coverage is very inexpensive and provides a benefit in the case of dismemberment as a result of an accident or an untimely death.
You may purchase additional AD&D insurance for yourself in $50,000 increments up to $250,000. You can purchase dependent AD&D insurance for your spouse at a coverage level ranging from $10,000 to $40,000 and for your eligible dependent children at a $5,000 or $10,000 level. The premiums are the same regardless of the number of children you cover.
Keeping your beneficiary information up to date is one of the simplest and most important steps you can take to protect the people who matter most. Life changes such as marriage, divorce, the birth of a child, or the loss of a loved one can all impact who you want to receive your benefits. By reviewing and updating your beneficiaries regularly, you help ensure your wishes are honored and your loved ones are supported without unnecessary delays or complications.
Take a few minutes today to log in and review your current designations. It’s a quick task that can make a lasting difference. If you haven’t checked your beneficiaries in the past year, now is the perfect time to do so. Your future self and your loved ones will thank you.
Designating a wage beneficiary is a step that many people overlook, but it's important. If something were to happen to you, having a designated wage beneficiary ensures that your final paycheck(s) are directed according to your wishes.
To complete the Wage Beneficiary Designation:
