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Benefits

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Life Insurance

Insured by: Prudential

Information

Group Term Life Insurance is designed to pay your designated beneficiary a benefit upon your death. There are three levels of insurance available as illustrated below. All eligible employees will have the option of choosing 2 times annual salary, 3 times annual salary, or a flat $50,000 benefit. Two times annual salary and the flat $50,000 benefit are provided at no cost, while 3 times salary is age rated.*

Life Insurance Options

Levels Life Insurance
Level 2 2x Salary
Level 3 3x Salary
Level 4 Flat $50,000

 


*Life insurance coverage amount is limited to 65% of the total benefit at age 65, and to 50% of the total benefit at age 70. Please refer to the Schedule of Benefits for additional information.

 

Prudential's Will Preparation Program

(more information to come)