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NHO International 2009 - Benefits Online

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Life Insurance<br />

• Basic life<br />

– Greater of: 1 X your annual base salary or $50,000<br />

– Can limit to $50,000 to avoid imputed income<br />

– 100% company-paid<br />

• Optional life<br />

– You may choose to purchase additional coverage for<br />

yourself, your spouse/domestic partner, and your children<br />

• Employee: 1, 2, 3, 4, 5, 6, 7, or 8 x your base salary,<br />

up to $1 million<br />

• Spouse/domestic partner: 1, 2, 3, or 4 x your coverage<br />

amount, $25,000, $50,000 (up to a maximum of the lesser of 50%<br />

of your total coverage — basic and optional — or $500,000)<br />

• Child: $10,000, $20,000, or $30,000<br />

– You pay for coverage with after-tax payroll deductions<br />

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