Group Term Life Insurance
The core insurance package includes Basic Group Term Life Insurance (BGTL). This is automatic coverage for every employee and his/her family without any medical questionnaires or exams. The coverage amounts are as follows:
- Employee - $50,000
- Spouse - $2,000
- Children - $2,000 each
For active employees, coverage reduces at age 65. The premium for this coverage is included in the medical plan premium.
For more information, please see DMBA.com or contact our benefits specialist at (808) 675-4845.