New Carrier for Life Insurance and AD&D

We are pleased to announce that effective January 1, 2006, Standard Insurance will be replacing Aetna as the new carrier for the non-contributory and contributory life insurance programs as well as accidental death & dismemberment (AD&D).

Your existing policies with Aetna will transition automatically to Standard Insurance. Standard Insurance is currently our long-term disability carrier and will be the new life insurance and AD&D carrier beginning in January 2006.

If you have a supplemental life insurance policy in place, you will also notice a decrease in your payroll deductions beginning with the December payroll. The University was able to negotiate a reduction in the cost of supplemental life insurance for Faculty and Staff by 16% - 21% depending on age and salary.

If you have any questions, please contact the Benefits Office at 432-5550 or via e-mail at benefits.office@yale.edu .