City of Thornton / Life Insurance

The City currently pays the full cost of the premium for group term life insurance coverage for employee coverage, which is one and one-half times the employee’s annual base salary, not to exceed an amount of $400,000. This plan also insures the employee’s spouse, domestic partner, and/or children as defined in the existing group term life insurance policy for up to $1,000 each. Coverage amount reduces by 35% at age 65 and by 50% at age 70. Police and Fire Union refer to CBA.

If you are eligible for $50,000 or more in basic, City of Thornton-paid life insurance, you are required to pay income tax on the value of the coverage or $50,000.

Employees may purchase additional term life insurance for themselves, their spouse, domestic partner, and/or child(ren). Proof of good health is required for amounts more than 4x annual compensation or $150,000 or for all late enrollments.

Employees may purchase AD&D coverage for themselves, their spouse, domestic partner, and/or child(ren).

This information is designed to help you choose a benefit plan for 2025 only. Please refer to the Plan Documents provided by the carrier for information regarding coverage, limitations, and exclusions. If there is a difference between this guide and the Plan Documents, the Plan Documents prevail.