Life and Accident Insurance at a Glance
To help you provide financial security for your loved ones in the event of your death or serious injury, the Company offers eligible retirees:
  • The full amount of your pre-retirement supplemental life insurance coverage for 31 days.
  • After 31 days, the Company provides continued Postretirement Life Insurance coverage. The basic amount of Postretirement Life Insurance coverage for retirees is
    • $8,000 if you retire on or after January 1, 1984, and
    • $4,000 if you retire before January 1, 1984.
  • Management employees may be eligible for additional Postretirement Life Insurance coverage, depending on their service.
  • Management employees (depending upon job level) may be eligible for Postretirement Accidental Death & Dismemberment Insurance (AD&D) coverage.