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Wake Forest University offers:

  • Aflac Plans: Accident, specified health event, and cancer plans
  • New York Life Plans: Life, dependent life, and accidental death and dismemberment (AD&D) insurance
  • Unum: Voluntary Whole Life Insurance Plan, Long Term Care Rider
  • Genworth Plan: Long-term care insurance

Aflac Plans

Accident Plan Icon

Accident Plan

Benefits are payable for a covered person’s death, dismemberment, or injury caused by a covered on- or off-the-job accident.

Specified Health Event Plan Icon

Specified Health Event Plan

This plan pays a first-occurrence benefit, hospital confinement benefits, and continuing care benefits for heart attack, coronary artery bypass surgery, stroke, end-stage renal failure, major human organ transplant, major third degree burns, coma, and paralysis.

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Cancer Plan

This plan may defray cost expenses not covered by your medical plan, including deductibles, out-of-network specialists, experimental cancer treatment, and ambulance, transportation, and lodging benefits.

Enrolling or Making Changes

New Hires

  • Newly hired faculty and staff may enroll in an Aflac Plan(s) by calling (336) 991-4590 or visiting the Aflac website (Plan Number: HK989) within the 30 day new hire period.

Throughout the Year

  • Following a qualifying event, faculty and staff may enroll in an Aflac Plan(s) by calling (336) 991-4590 or visiting the Aflac website (Plan Number: HK989).

New York Life Plans

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Life Insurance

Wake Forest provides the following basic coverage:

  • If salary is less than $50,000: 1.5x salary rounded to next highest thousand, up to $50,000
  • If salary is $50,000 or more: 1x salary rounded to next highest thousand, up to $100,000

Additionally, you may elect one to five times your salary in voluntary coverage, up to $500,000.

Dependent Life Insurance Icon

Dependent Life Insurance

The voluntary dependent life insurance plan is a group term life plan that covers a spouse and/or dependent child(ren) in the event of their death. You may choose $10,000 or $25,000 coverage for your spouse and/or $5,000 or $10,000 for your child(ren).

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AD&D Insurance

If your death is ruled accidental, the value of your basic life insurance policy is doubled. You may also elect up to 10 times your annual salary in voluntary AD&D insurance, up to $500,000, in $10,000 increments.

Enrolling or Making Changes

Life Insurance

New Hires: 

  1. If you are a full-time faculty or staff member, you are automatically enrolled for basic life insurance on the first of the month following your date of hire.
  2. You will have 30 days to elect additional voluntary coverage without providing a Medical History Statement* by completing enrollment in Workday.

*Coverage may be the lesser of three times your base salary, or $400,000, without a Medical History Statement.

Throughout the Year: 

  1. Log into Workday to elect coverage throughout the year.
  2. Email AskHR@wfu.edu to request the required Medical History Statement; complete and submit this form to Cigna.
  3. If the insurer approves your coverage, Human Resources will set up your payroll deduction.

Dependent Life Insurance

New Hires: 

  1. Elect voluntary life insurance for yourself, as this is required before electing dependent life insurance.
  2. You will have 30 days to elect coverage without providing a Medical History Statement by completing enrollment in Workday.

Throughout the Year: 

  1. Elect voluntary life insurance for yourself, as this is required before electing dependent life insurance.
  2. Log into Workday to elect coverage throughout the year.
  3. Email AskHR@wfu.edu to request the required Medical History Statement; complete and submit this form to Cigna.
  4. If the insurer approves your coverage, Human Resources will set up your payroll deduction.

AD&D Insurance

New Hires: 

  1. If you are a full-time faculty or staff member, you are automatically enrolled for basic AD&D insurance on the first of the month following your date of hire.
  2. You may elect additional voluntary coverage by completing enrollment in Workday.

Throughout the Year: 

  • Log into Workday to elect coverage throughout the year.

Unum- Whole Life Insurance

Benefits

  • The cost will not increase with age.
  • The benefit coverage amount does not change.
  • The policy earns interest or a cash value at a guaranteed rate of 4.5%
  • You may borrow from the cash value.
  • It has a living benefit that allows an early payout of the death benefit, if certain criteria are met.
  • You may be able to use the death benefit to pay for long-term care.

Coverage Options

  • Faculty and staff can purchase $10,000, $25,000, $50,000, or $75,000 of coverage for oneself.
  • Spousal individual coverage, ages 15 – 80, $10,000, $25,000, $50,000, or $75,000, even if you do not purchase coverage for oneself.
  • Child(ren) or grandchild(ren) individual coverage $10,000 or $25,000, even if you do not purchase coverage for oneself.

Enrolling or Making Changes

New Hires

  • Newly hired faculty and staff may enroll in Unum Plans by logging into workday, selecting the benefits widget and clicking the Unum Voluntary Benefits Enrollment button under external links.

Throughout the Year

  • Following a qualifying event, faculty and staff may enroll in Unum Plans by logging into workday, selecting the benefits widget and clicking the Unum Voluntary Benefits Enrollment button under external links.

Questions

  • Employees can call Unum at (800) 635-5597 for more information about Whole Life Insurance.

Genworth Plan

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Long-Term Care Benefits

This plan covers long-term care expenses for services received at home, in the community, or in a nursing facility.

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Age-Based Premiums

Long-term care insurance is age-based, and the premiums will be determined during the application process.

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Portable Coverage

Coverage can move with you if you retire or otherwise leave the University.

Enrolling or Making Changes

Faculty and staff may enroll in a Genworth Plan(s) during anytime by calling (800)416-3624 or visiting the Genworth website (Group ID: wake; Code: groupltc).


2024 Benefits Guidebook

The 2024 Benefits Guidebook for Faculty and Staff outlines benefits specific to the Jan. 1 through Dec. 31, 2024 plan year. The information included in the guidebook is intended as a benefit summary only.

View the benefits guidebook »

Wake Forest University Human Resources

P.O. Box 7424, Winston-Salem, NC 27109 
askHR@wfu.edu |  P 336.758.4700 |  F 336.758.6127