Basic Life Insurance

Basic Life Insurance

MIT provides the Basic Life Insurance Plan to all eligible employees with coverage up to $50,000. Enrollment is automatic, and MIT pays the full cost of Basic Life Insurance.


You are eligible for Basic Life Insurance if you are paid by MIT, are appointed to work at MIT for at least three months, and work at least 50% of the normal full-time work schedule. More on eligiblity.

Next Steps

  1. Confirm your eligibility.
  2. Designate or update your beneficiary (below).

Your Basic Life Insurance Coverage

In the event of your death, the MIT Basic Life Insurance policy pays the full amount of your coverage to your designated beneficiary in a single payment. Your beneficiary may be eligible to receive payments on an alternative schedule by contacting MetLife® at (800) 638-6420.

Reductions in Coverage as You Age

The amount of coverage provided by the MIT Basic Life Insurance policy decreases every five years after you reach age 65. There are no further decreases after you reach age 95. See Retiree Life Insurance for details on coverage after you retire from MIT.

Age as of July 1 following your birthday Amount of your coverage
at least 65 but less than 70 $33,000
at least 70 but less than 75 $22,000
at least 75 but less than 80 $17,000
at least 80 but less than 85 $13,000
at least 85 but less than 90 $10,000
at least 90 but less than 95 $8,000
95 or older $6,000

More on Eligibility

Who is eligible

  • you have been appointed — and are currently employed — to work at MIT for at least three months
  • you work at least 50% of the normal full-time work schedule
  • you are paid by MIT

Who is NOT eligible

  • visitor
  • contractor
  • affiliate
  • teaching or research assistant
  • honorary lecturer
  • summer appointment
  • non-MIT student program worker
  • international visiting student
  • post-doctoral fellow
  • paid by MITemps
  • student in a work-study program
  • family member who is not employed by MIT
  • member of the armed services assigned to MIT

Members of collective bargaining units

All the plan provisions are subject to the terms of your collective bargaining agreement.