Life insurance

Basic Employee Life Insurance/Accidental Death and Dismemberment (AD&D)
Each Chambers Plan includes employee life insurance plus an additional benefit if an employee dies accidentally. Many firms choose a basic level of coverage of $25,000 per employee, or an amount related to each individual's salary. This insurance also pays employees specific amounts if they suffer a serious injury, like loss of hearing or sight.

Dependents Life Insurance
Three levels of coverage are available covering an employee’s spouse and children. The Plan offers an option with a $5,000 benefit for the spouse combined with $2,500 for each child, a $10,000 / $5,000 benefit and a $15,000 / $7,500 benefit.

Group Optional Life
This benefit lets employees top up their group life insurance with an amount they choose and pay for. Spousal coverage is also available, as are children's benefits if either parent participates in the program.

 

Life insurance

Basic Employee Life Insurance/Accidental Death and Dismemberment (AD&D)
Each Chambers Plan includes employee life insurance plus an additional benefit if an employee dies accidentally. Many firms choose a basic level of coverage of $25,000 per employee, or an amount related to each individual's salary. This insurance also pays employees specific amounts if they suffer a serious injury, like loss of hearing or sight.

Dependents Life Insurance
Three levels of coverage are available covering an employee’s spouse and children. The Plan offers an option with a $5,000 benefit for the spouse combined with $2,500 for each child, a $10,000 / $5,000 benefit and a $15,000 / $7,500 benefit.

Group Optional Life
This benefit lets employees top up their group life insurance with an amount they choose and pay for. Spousal coverage is also available, as are children's benefits if either parent participates in the program.