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Life and AD&D Insurance
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 $350,000.

Age Benefit*
Up to age 65 Two 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 your beneficiary will receive is $5,000.

   
Life and AD&D Insurance
Life Insurance Benefits
AD&D Benefits
Beneficiaries/Payment of Benefits
If You Become Disabled
If You Leave the School District
   
Related Forms
Group Life Conversion
Beneficiary Designation
Certificate of Insurance
   
Disclaimer: Colonial Benefits Online provides only an overview of your benefits from Colonial School District and The State of Delaware. Colonial 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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