Retiree Life Insurance Program
The retiree life insurance benefit is available to all those who terminate employment from Georgetown University and meet the eligibility requirements for retiree benefits (Rule of 75).
MetLife is the life insurance carrier for Georgetown University. The University will provide you with $5,000 in face value of life insurance, at no cost to you, as a retiree. It’s important that you review your beneficiary designation from time-to-time, since changes in your family situation do not automatically alter or revoke your beneficiary designation. Beneficiaries can be designated and updated through AleraEdge, the retiree benefits administrator for the University. You can contact AleraEdge at 1-800-836-0026, extension 7300. You may also request assistance by email at GUBenefits@aleragroup.com.
If you had purchased supplemental insurance prior to your retirement, you will be able to convert that additional amount to an individual policy after your retirement. To convert a policy means that you can keep the policy in force by paying the premiums yourself. Shortly after your retirement date, you will receive a mailing from MetLife that will provide you with information outlining the procedures necessary to convert this policy from a group policy to an individual policy. Should you decide to convert your policy, you must complete the paperwork and send it directly to MetLife with the appropriate payment by the due date given in the letter. You are then responsible for making the payments yourself if you wish to keep the policy. Do not return the paperwork to the Office of Faculty and Staff Benefits.