Life insurance is an important part of your financial security, especially if others depend on you for support. That’s why Inframark provides all eligible employees with Life Insurance options, Accidental Death and Dismemberment (AD&D) insurance, and Business Travel Accident coverage.
Basic Life Insurance
Inframark provides eligible employees with a Basic Life insurance benefit that equals 1 times your base annual salary up to a maximum of $200,000. This coverage is 100% company-paid.
Basic AD&D Insurance
In addition to Basic Life insurance, Inframark provides eligible employees with a Basic AD&D Benefit. Similar to your Basic Life insurance, this benefit equals 1 times
your base annual earnings up to a maximum of $200,000. This coverage is 100% company-paid.
Supplemental Life Insurance
Eligible employees have the option of purchasing supplemental life insurance for yourself, your spouse/domestic partner and/or your dependent child(ren). If you elect this coverage, you are responsible for paying 100% of the benefit cost and your deductions will be taken from your paycheck in after-tax dollars.
You may purchase supplemental life insurance coverage for yourself in amounts of 1-5x your base annual earnings up to a maximum of $500,000.
Spouse/Domestic Partner Benefit
Supplemental life insurance coverage for your spouse/domestic partner may be purchased in increments of $10,000, $20,000, $30,000, $40,000 or a maximum of $50,000.
Dependent Child(ren) Benefit
You may purchase supplemental life insurance for your dependent child(ren) in increments of $2,500, $5,000 or $10,000. Dependent children may be covered up to age 26.
Business Travel Accident Insurance
Business travel Accident insurance coverage helps alleviate personal financial stress and anxiety for you and your family if you experience an accident when traveling away from home on business. This benefit provides up to 1x your salary in travel accident insurance coverage and is 100% company-paid.