When you leave state employment, you may be able continue your life insurance coverage by either porting or converting your coverage. You will receive a letter from The Standard Insurance company with available options for continuing your coverage.
True Portability & Conversion Frequently Asked Questions and Guidelines
Portability
When you leave state employment prior to the age of 80 or you are no longer eligible for life insurance because of a reduction in your hours, you may be able to continue your life insurance through a portability provision. In order to port you:
- Must be capable of active work
- Must be under the age of 80
- Must have been continuously insured under the State of Iowa's group for at least 12 consecutive months
- If you would like to convert, you must submit your application and premium payment within 90 days after your employment has ended.
Employees may call or email The Standard to start process at 844.450.5547 or e-mail cbt@standard.com
Conversion
You can also continue your life insurance coverage by converting your group term life insurance to an individual whole life policy. You must submit your application and premium payment within 90 days after your coverage has ended.
Employees may call or email The Standard to start process at 844.450.5547 or e-mail cbt@standard.com
AD&D Insurance Continuation
You can port, but not convert, your AD&D coverage.
You are responsible for submitting the form to The Standard for continuation of life or AD&D insurance and submitting any required information directly to them.
If you have questions about continuing your life or AD&D insurance coverage, your eligibility, or the status of any request you have submitted, please contact The Standard at 844-450.5547.
| Action | Includes | Timeline | Fees | |
|---|---|---|---|---|
| Port | Buy a group life policy | Life (basic & supplemental) AD&D | Within 90 days of termination | No fees |
| Convert | Convert to whole life policy | Life (basic & supplemental) | Within 90 days of the date insurance ends | $40 annually |
**EOI not required for either option. Contact The Standard at 844.450.5547, for additional information.
The Department of Administrative Services – Human Resources Enterprise is providing this information about the State of Iowa’s benefits. The information on this web page is subject to change. Nothing herein shall be construed as a guarantee of benefits. This webpage is not a complete description of the State of Iowa’s benefit plans. Nothing on this web page supersedes or changes any of the terms and conditions of any plan documents, insurance policies, or other legal agreements. If the wording in this web page contradicts any plan documents, laws, regulations, administrative rules, insurance policies, or other legal agreements, the wording in the official documents and agreements will govern.