Life and AD&D Insurance
Basic Life and Accidental Death & Dismemberment Insurance
Employer Paid
- Begins on date of hire
- Full-time regular staff: 1 x annual base salary up to $250,000; $50,000 minimum coverage.
- Part-time regular staff: 1 x annual base salary up to $250,000; $25,000 minimum coverage.
Voluntary Term Life Insurance
Employee Paid
- Employee: Purchase from $10,000 up to the lesser of $500,000 or seven times employee’s salary in $10,000 increments
- Spouse: Purchase from $10,000 up to $150,000 in $10,000 increments
- Child(ren): Purchase $10,000 for each eligible child (pay only one premium for all eligible dependent children)
Voluntary Accidental Death & Dismemberment Insurance
Employee Paid
- Purchase from $10,000 up to $500,000 or seven times salary in $10,000 increments