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Life Insurance Benefits

A life insurance benefit is paid to your beneficiary in the event you die while you are insured. Your life insurance benefit depends on your age and is equal to the amount shown on the following table up to a maximum of $250,000.

Age Benefit*
Up to age 65 One and one-half times your annual earnings
Age 65-69 One times your annual earnings
Age 70-74 Half of your annual earnings
Age 75+ $5,000

*The amount of your life insurance benefit is rounded up to the next $500.

In all cases, the minimum benefit you will receive is $5,000.


 

 
Life and AD&D
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Life Insurance Benefits
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If You Become Disabled
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Related Forms
form bullet Group Life Conversion
form bullet Certificate of Insurance



 

    Important Legal Information:
Appoquinimink Benefits Online provides only an overview of your benefits from Appoquinimink School District and The State of Delaware. Appoquinimink School District and The State of Delaware reserve the right to amend or to terminate any benefit plan at any time, with or without notice. Review more important legal information about your benefits plans.

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