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 $250,000.
| Up to age 65 | One and one-half times your annual salary |
| Age 65-69 | One times your annual salary |
| Age 70-74 | Half of your annual salary |
| 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 Insurance
Related Pages
- Life Insurance Benefits
- AD&D Benefits
- Beneficiaries/Payment of Benefits
- If You Become Disabled
- If You Leave The School District
Related Forms