Additional life insurance may be purchased for spouse and children. If a covered employee loses their life caused by an accident, the life insurance amount will be doubled. If the covered employee loses their hand, foot, or sight of one eye caused by an accident, half of the life insurance amount will be paid. If the covered employee loses two of the above caused by an accident, the life insurance amount will be doubled. This would include any time off, such as vacation days, holidays, and sick days.
Eligibility is determined by the insurance company.
Disability benefits can be payable if the employee has a non-work related accident or illness and is unable to work. The length of the benefit can range from three months to 24 months and the waiting period for the benefit can range from 0 to 90 days. These three variables determine the cost of this benefit to the contract employee. Due to underwriting guidelines, the disability insurance is not available to employees working in Connecticut, Massachusetts, New Jersey, and New York. This option is available to all active employees.