Basic Term Life for former employees

Basic Term Life insurance for former employees is not offered through ERS. A former employee can convert their group policy into an individual policy within 31 days of terminating employment by contacting Securian directly. 

Conversion Privilege

You may convert your Group Term Life Insurance (both Basic and Optional amounts) to an individual policy of life insurance if your employment ends

for any reason or if you are no longer eligible for these coverages. Life Evidence of Insurability is not required if you apply for the individual life insurance policy and pay the first premium within 31 days after your group coverage ends.

If you convert to an individual life insurance policy, the premium will cost more than for your group term life insurance premium.