LIFE AND ACCIDENT INSURANCE

PEIA Life Insurance

• The PEIA Basic Health Plan includes $10,000 term life insurance at no cost to the employee. Employees not needing coverage under the health plan may elect life insurance only.
• Optional Life Insurance from $5,000 to $500,000 is available to employees. Premium are based on age and the principal amount selected, and tobacco status.
• Basic and optional life insurance is decreasing term (amount decreases beginning at age 65). Cost is age based.
• Dependent life insurance is available to cover employees spouse and children.
• Active employees with basic, optional, and dependent life insurance are covered for accidental death and dismemberment insurance.

Provided by Life Insurance of North America (INA)

• Personal Accident Insurance is available from $10,000 to $100,000.
• Family coverage is available, and is a percentage of the employee's benefit amount.
• Protects against losses due to accidents.
• Also pays benefits for paralysis, dismemberment, loss of eyesight, speech, or hearing resulting from an accident.