Basic Life and AD&D Insurance Coverage
Thrush Aircraft 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 Life Insurance Benefit
Sun Life Basic Life w/AD&D Insurance
All Full Time Employees
$25,000
Guarantee Issue
Yes
Accidental Death & Dismemberment Benefit (AD&D)
Same as Basic Life Amount
Voluntary Term Life Insurance Coverage
As a supplemental benefit, Thrush Aircraft 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 Sun Life. Rates for the voluntary term life insurance are based on age, and volume, and benefits are subject to applicable age reductions.
Insurance Carrier:
Sun Life 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 $300k in increments of $10k
Spouse
50% of Employee Election up to $150k in increments of $5k
Child(ren)
50% of Employee Election for a flat $10k
Guarantee Issue Employee
$100k
Dependent Child(ren)
$30k $10k
10 THRUSH AIRCRAFT 2023 BENEFITS GUIDE
Made with FlippingBook - professional solution for displaying marketing and sales documents online