Basic Life and AD&D Insurance Coverage
Infratech Corporation provides all Full Time employees with Basic Life and Accidental Death & Dismemberment at no cost to employees.
Insurance Carrier: Basic Life w/ AD&D Eligibility Requirement
Mutual of Omaha Basic Life w/AD&D Insurance
Officers, Managers, Supervisors
Employee: 1x Salary; Minimum $10,000 / Maximum $250,000 Spouse: $6,000 Dependent Child(ren): 14 days and older $3,500 / Less than 14 days $0
Life Insurance Benefit
Guarantee Issue
Yes
Accidental Death & Dismemberment Benefit (AD&D)
Same as Basic Life Amount
Voluntary Term Life Insurance Coverage
As a supplemental benefit, Infratech Corporation allows eligible employees to purchase additional life insurance coverage for yourself and your dependents. This coverage is paid for by you and is offered through Mutual of Omaha. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.
Insurance Carrier:
Mutual of Omaha Voluntary Life w/AD&D Insurance
Voluntary Life w/ AD&D Eligibility Requirement Employee Benefit Amounts Employee
All Full Time Employees
5x Annual Earnings up to $500k in increments of $25k
Spouse
100% of employee’s benefit up to $250k 100% of employee’s benefit up to $10k
Child(ren)
Guarantee Issue* Employee
$100k
Dependent Child(ren)
100% of employee’s benefit 100% of employee’s benefit
*Guarantee Issue applies only to new hires.
7 INFRATECH CORPORATION 2023 BENEFITS GUIDE
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