Voluntary Accident Family Plan

You may elect any coverage amount (Principal Sum) for yourself from $25,000 to $500,000*, in $25,000 increments.  Coverage for your eligible dependents is determined automatically, based on your family structure.

Family Structure

Dependent’s Principal Sum is Equal to:

Spouse, Only

60% of your Principal Sum**

Spouse & Child(ren)
           
Spouse
            Each Child


50% of your Principal Sum
10% of your Principal Sum**

Child(ren), Only
           
Each Child


15% of your Principal Sum**

*   Principal Sum amounts over $250,000 cannot exceed 10 times your Annual Base Salary.

** The maximum coverage amount for each spouse is $300,000 and for each dependent child is $50,000.  This maximum applies even if both parents are employed at ABX Air and enrolled in this Plan.

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Revised: June 13, 2013.