GBAIT Life Insurance Plans

Life insurance benefits are based on the benefit amount selected by your employer. In addition to the life benefit, an employee also has accidental death and dismemberment in an amount equal to their life insurance coverage. Dependents are eligible to be insured for life insurance on the same date the employee is insured, subject to enrollment requirements.

All Eligible Employees

Benefit

Life Schedule I

One (1) times salary

Life Schedule IV*

Two (2) times salary

Life Schedule VI*

2 1/2 times salary

Life Schedule II*

$10,000

Life Schedule V*

$25,000

Life Schedule VII*

$50,000

Dependent Life Benefits on All Life Schedules

Spouse & Child(ren)

Dependents over 14 days through age 26

$ 2,000

Employees who cover their dependents under the basic dependent life program can buy an additional $8,000 on each eligible dependent.

*Maximum of $350,000. All principal amounts of life insurance for each eligible employee have an equal corresponding amount of accidental death and dismemberment coverage. The AD&D coverage does not apply to retiree or dependent life amounts.

 

This is a summary and not a contract. Please refer to your SPD certificate booklet for complete benefit details.

Questions? Email the Webmaster.

Contact GBA Insurance Trust Staff

Dan Thomason
Susan Kelley
Edie Lindsay
Lee Belaus

Contact Marketing & Service
Holmes/Shaw Agency

Bruce Shaw
David Holmes
Rad Downey
Skip Hill
Guy Whidby
Noel Williams