Alliance Coal provides Basic Employee Life Insurance equal to two times (2x) your base annual pay. You can also choose to purchase the following optional insurance:
Type of Insurance | Coverage Options |
---|---|
Basic Employee Life | 2x base pay (company-paid) |
Optional Employee Life1 | 1x, 2x, 3x, 4x, 5x, 6x, 7x, 8x base pay |
Spouse Life2 | $10,000, $25,000, $50,000, $75,000, $100,000, $150,000, $200,000, $250,000 |
Child Life2 | $4,000, $10,000 |
Employee AD&D3 | 1x, 2x, 3x, 4x, 5x, 6x, 7x, 8x base pay |
Spouse AD&D4 | $10,000, $25,000, $50,000, $75,000, $100,000, $150,000, $200,000, $250,000 |
1Total Employee Life Insurance (Basic plus Optional) is limited to $2 million.
2To elect this coverage, you must also elect Optional Employee Life Insurance. Spouse Life Insurance cannot be greater than 50% of Total Employee Life Insurance (Basic plus Optional). For children age six months and under, Child Life Insurance coverage is $1,000.
3Employee AD&D Insurance is limited to $2 million.
4Spouse AD&D Insurance cannot be greater than 100% of Employee AD&D Insurance.
Disability benefits provide disability income to you for a period of time if you become disabled due to illness or injury and are unable to work. Currently you don’t have to pay a premium for disability coverage.
The Summary Plan Description (SPD) for each benefit has more details (log in below for access to these linked pages):
Life Insurance
AD&D Insurance
Disability Benefits
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