Group Universal Life Insurance
ABX Air has made arrangements with The Prudential Insurance Company of America to underwrite and offer you a convenient, practical, voluntary life insurance program you can purchase at group rates. Marsh@WorkSolutions is the third party administrator for this program. The Group Universal Life insurance plan combines life insurance coverage and a tax-deferred savings option into one simple package you can take with you when you retire or leave the company.
Full-time and part-time employees are eligible for Group Universal Life Insurance. Marsh@WorkSolutions will mail newly hired employees an enrollment kit to your home address or you may visit Universal Life Insurance Enrollment. Newly hired full-time employees are eligible for coverage after completing 60 days of continuous service. Part-time employees are eligible after 120 days of continuous service. If you do not enroll within the first 31 days of employment then you will be required to show evidence of good health to the underwriter. See underwriting requirement for further details.
Coverage at a Glance
Employee Coverage
1, 2, 3,
4, 5 or 6 times your annual base salary, not to exceed $1,000,000.
Spouse Coverage
Up to 2 times your annual base salary, not to exceed $100,000
($20,000 minimum).
Dependent Children’s Term Life Coverage
$10,000 each eligible child, regardless of number
of children.
Incapacitation Proceeds
An advance on term life insurance coverage when certain
medical conditions apply.
There are limits on the amount of coverage you may obtain. See the Summary Plan Description for full details. The plan also provides a cash balance investment opportunity for you. Further details are in the Summary Plan Description
More information about death benefits while flying
Universal Life Insurance Enrollment
Copyright © 2005. ABX Air, Inc. All Rights Reserved.
Please see ABX Air, Inc.’s terms and conditions for use of this web site.