Basic Life and AD&D Insurance Coverage
Thrush Aircraft provides all Full Time employees with Basic Life and Accidental Death & Dismemberment coverage.
Insurance Carrier:
Sun Life Basic Life Insurance
Schedule of Benefits Eligibility Requirement Life Insurance Benefit
All Full Time Eligible Employees
$25,000
Guarantee Issue
Yes
Accidental Death & Dismemberment Benefit (AD&D)
Same as Basic Life Amount
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 supplemental life insurance are based on age, and volume, and benefits are subject to applicable age reductions. Supplemental Life Coverage
Insurance Carrier: Schedule of Benefits Eligibility Requirement
Sun Life Supplemental Life Insurance
All Full Time Eligible Employees
Accidental Death & Dismemberment Benefit (AD&D)
Same as Basic Life Amount
Employee
5x Annual Earnings up to $300k in increments of $10k 50% of Employee Election up to $150k in increments of $5k
Spouse
Child(ren)
50% of Employee Election for a flat $10k
Guarantee Issue Amounts Employee
$100k
Spouse
$30k $10k
Child(ren) Portable
Yes
Waiver of Premium
Included
10 THRUSH AIRCRAFT 2024 BENEFITS GUIDE
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