Life and Accident Insurance Plans
"Company" Defined
Throughout this section, unless otherwise stated, reference to "Company" or "PG&E" means Pacific Gas and Electric Company.
To help you provide financial security for your loved ones in the event of your death or serious injury, the Company offers:
  • $10,000 of Company-paid basic term life insurance coverage, through the Group Life Insurance Plan,
  • The option to purchase additional, supplemental term life insurance coverage for you, the employee, through the Group Life Insurance Plan and
  • Business Travel Accident insurance coverage.
Additionally, you may be eligible for continued life insurance coverage when you retire.
Cost of Coverage
The Company pays the full cost for the first $10,000 of your Group Life Insurance Plan coverage — this is your basic coverage. If you want to enroll for additional, supplemental coverage, you pay for that coverage.
In addition to the cost for your $10,000 in basic life insurance coverage, the Company currently pays the full cost of the following:
  • Life Insurance at retirement, and
  • Business Travel Insurance.
Claims Administrators and Insurers
  • Metropolitan Life Insurance Company (MetLife) is both the Claims Administrator and insurer of the life insurance benefits.
  • Life Insurance Company of North America (LINA) is both Claims Administrator and insurer of the business travel accident benefit.
Additional Information
In addition to the information in this section, there is also important information about your benefits in other parts of this Handbook. Be sure to review the About this Handbook section, the Benefits at a Glance section, the What If… section, and the Rules, Regulations & Administrative Information section.
Plan Documents and Administration
The plan document for The Pacific Gas and Electric Company Group Life Insurance Plan, the terms of this Summary of Benefits Handbook which pertain to the Group Life Insurance Plan, the documents which are Summaries of Material Modifications to the Group Life Insurance Plan, and the applicable life insurance policy govern the operation of the Group Life Insurance Plan and comprise the Plan document. If a conflict exists between these plan documents and any other communications or documents, the plan documents shall govern the operation of the Group Life Insurance Plan.
The Employee Benefit Committee of PG&E Corporation is the Plan Administrator of the Group Life Insurance Plan and has the discretionary authority to interpret and construe the terms of the plan documents, to resolve any conflicts or discrepancies between documents and to establish rules which are necessary or desirable for the administration of the Plan. Notwithstanding the foregoing, the insurer has the authority to construe and interpret the terms of the life insurance policy, the certificate of insurance or other similar documents which describe the terms and conditions of the life insurance policy. Nothing in the plan documents or any other communication or document is intended to provide any individual with a substantive right to life insurance benefits that is not provided for in the life insurance policy.