When you purchase a term life insurance plan from us, you have the option to add an extra benefit for your employees – basic accidental death & dismemberment (AD&D) coverage (additional premium may apply). If your company needs more than basic coverage, enhance your offering with a menu of optional benefits that may be mixed and matched individually or packaged as suites.
Family Suite
- Spouse education – benefit increased up to a maximum of $3,000 for spouse education and job training
- Child education – benefit increased 5 percent to a maximum of $5,000 for dependent child education
- Childcare – benefit increased 5 percent of principal sum to a maximum of $5,000 for eligible child care expenses
- Continuation of coverage – spouse and/or dependent children coverage remains inforce for up to 12 months after death of an employee
Travel Suite
- Seatbelt benefit – pays an additional 10 percent up to a maximum of $25,000
- Airbag benefit – pays an additional 10 percent up to a maximum of $25,000
- Common carrier – doubles the benefit up to a maximum of $1,000,000 if death or injury occurs in public transportation
- Repatriation – pays up to $5,000 for transportation of remains
Catastrophe Suite
- Paralysis – pays an additional benefit if injury results in paraplegia, hemiplegia, quadriplegia, triplegia or uniplegia
- Home alteration and vehicle modification – pays an additional 10 percent to a maximum of $10,000 for modifications to residence or vehicle
- Coma – pays an additional 5 percent per month for 20 months
- Hospital confinement income – pays an additional benefit while hospitalized
- Felonious assault – pays an additional 20 percent to a maximum of $25,000 if injury results from assault
