5.10 LIFE INSURANCE

(revised October 2006)

Standard Life Insurance

If you are a benefits-eligible employee of Kenyon College, you are covered by our Group Life Insurance. This insurance is payable in the event of your death and includes an Accidental Death and Dismemberment provision. The benefit is equal to the employee's annual earnings (excluding overtime); at age 65 the amount is decreased by 35 percent. You may change your beneficiary whenever you wish by submitting the appropriate documents to the Office of Human Resources. The College pays the entire cost of the premium. Should an employee become totally disabled before his or her sixtieth birthday, and continue to be disabled until death, the life insurance coverage will continue, provided required proof of disability and its continuance is submitted each year to The Standard Life Insurance Company. At retirement or termination of employment, this policy may be converted to a personal policy at the employee's expense. Refer to the literature provided by our insurance company for more details on this life insurance coverage.

The Standard Life and Accidental Death and Dismemberment Insurance

If you are a benefits-eligible employee of Kenyon College, you are eligible to enroll in the elective plan provided by Standard. This insurance has an optional Accidental Death and Dismemberment provision. The rates and coverage amount varies according to age of the employee. The College funds a portion of the monthy cost of this elective benefit. Refer to the literature provided by our insurance company for more details on this life insurance coverage.