Voluntary Life and Disability


Voluntary Life and Disability



In addition to the Basic Life and AD&D Insurance (100% paid for by BankUnited), eligible employees also have the option to purchase additional Voluntary Life and AD&D through Prudential. Cost is based on age and salary. Your options include:

  • Voluntary Life and AD&D (Accidental Death and Dismemberment)
  • Spouse Life Insurance
  • Child Life Insurance

You may enroll during an eligible time frame (i.e. Open Enrollment, New Hire, or Qualifying Life Event) in the ADP Employee Self-Service Portal.


PrudentialVoluntary Life and AD&D
Voluntary Employee Life InsuranceIncrements of 1x to 4x annual salary not to exceed a max of $1,000,000
Guaranteed IssueEmployee $500,000* | Spouse $25,000 | Child $5,000
AD&D BenefitSame as Voluntary
Spouse LifeYou may purchase spouse coverage up to $25,000 (must have employee coverage of at least $50,000)
Child LifeCoverage for Dependent Children is available in the amount of $5,000 for Children ages 14 days to 19 years and up to age 25 if a full-time student
Age Reduction ScheduleReduces by 35% at age 65, and by 50% at age 70


Eligible employee is defined as those scheduled to work at least 30 hours per week.
*Elections over $500K require Evidence of Insurability(EOI). Late enrollment or coverage increases will also require an EOI. The EOI may be completed online here: www.prudential.com/eoi. If you're new to the site, please complete the registration by using the control number: 0050941




  1. Life and Disability Coverage Highlights – Learn the highlights for each of the Prudential policy types.
  2. Prudential How Life Insurance Helps – Learn how life insurance helps you and your family.
  3. Evidence of Insurability– Complete this form if you have a benefit amount pending approval. You will be asked to complete this form if you choose to enroll in Voluntary life insurance any time AFTER your new hire period.
  4. Life Insurance SPD– A Summary Plan Description provides a deeper dive into all covered and excluded benefits as required by law.
  5. Prudential: What is Life Insurance? - Watch this video to learn more about life insurance.