IU’s voluntary insurance plans provide financial protection when you and your family need it most. Whether you’re facing a serious illness or an unforeseen accident, these plans can cushion the financial impact so you can focus on what matters most: your recovery and your loved ones.

Critical illness insurance

A major illness can create expenses that extend far beyond medical bills. Voluntary critical illness insurance from The Standard pays you a lump-sum, tax-free benefit following the diagnosis of one of 20 major illnesses or 21 childhood illnesses such as cancer, heart attack or stroke. There are no rules on how you must spend the funds once they are paid out, so the money can be used for whatever you need most as you recover.

Coverage is available for benefits-eligible employees, medical and optometry residents, spouses, and children through age 25, in the following amounts:

• Employee or resident: $10,000 to $50,000 in $10,000 increments.
• Spouse: $5,000 to $25,000 in $5,000 increments (up to 50% of employee coverage).
• Children: Automatically covered under the employee at 50% of your benefit amount with no additional enrollment or cost.

Additional plan highlights:

• Health screening incentive: You and your covered family members can each receive a $100 cash incentive for completing a preventive health screening during the year, such as a mammogram, blood test or mental health assessment. For employees ages 30 to 39 with $30,000 in coverage, this incentive covers nearly the entire annual cost of your policy for the year.
• Reoccurrence benefit: If you’re re-diagnosed with a covered illness after a treatment-free period, you can receive up to 100% of the original benefit again. You can also receive an additional benefit payout if you are diagnosed with a different and subsequent covered illness.
• Comprehensive coverage: Covers 20 adult conditions and 21 childhood diseases, including heart attack, cancer, cystic fibrosis, Down syndrome and muscular dystrophy.
• No medical questions required: Enrollment is simple, with no health questions or underwriting when you enroll during Open Enrollment.
• Portable coverage: You can keep your plan if you leave IU by paying premiums directly to The Standard.

Visit the critical illness insurance page for a list of covered medical conditions, premium rates and instructions to file a claim.

Supplemental AD&D insurance

An unexpected accident can affect more than just your health; it can impact your family’s financial security. Voluntary supplemental accidental death & dismemberment insurance from The Standard pays an insurance benefit in the event of death, dismemberment or serious injury due to a covered accident that occurs on or off the job, at home, or while traveling.

Coverage is available for benefits-eligible employees, residents, spouses, and children through age 25. You choose between employee-only or family coverage, with benefit amounts ranging from $30,000 to $500,000.

Key benefits include:

• Family security: Spouses and children can be covered for a percentage of the employee benefit.
• No medical questions required: Enrollment is simple, with no health questions or underwriting when you enroll during Open Enrollment.
• When AD&D insurance is payable, additional benefits may be available, including:
  • Up to $20,000 to help pay college costs for surviving children.
  • Up to $10,000 for a surviving spouse to pursue job training.
  • Up to $10,000 for child care to allow your surviving spouse to work or train for work.
  • Additional payment if safety restraints were used during an automobile accident.
  • Coverage for transport expenses if death occurs more than 200 miles from home
  • Additional protection for IU public safety officers injured in the line of duty.

Visit the supplemental AD&D page for premiums, benefit payout amounts and more.

Enroll during Open Enrollment

Enrollment in these plans is only available within 30 days of hire or during Open Enrollment each fall — Nov. 3 to 14 this year. There are no changes to premiums or coverage for 2026, making this a great time to explore how these plans can strengthen your financial protection.

Learn more about your 2026 benefit options and how to enroll on the Open Enrollment website. For questions, contact AskHR at askhr@iu.edu or 812-856-1234.