Life Insurance

 

To help protect their financial resources in the event of a loss of life, we offer term life insurance at no additional cost to employees. As an Aetna employee, you can also purchase other types of coverage to give yourself added protection.

Company-provided life insurance

  • Life Insurance - We automatically provide term life insurance coverage that is equal to one times your eligible pay.
  • Business Travel Accident Insurance - To help protect you and your family in the event of an accident while you are traveling on company business, we also offer this type of insurance, which is equal to three times your eligible pay.

Optional life insurance  

  • Supplemental Term Life - You can buy additional Supplemental Term Life coverage for you in an amount that equals from one to five times your eligible pay. When combined with the company-paid term life insurance, you can receive up to a maximum of six times your eligible pay (up to a maximum of $3 million). You also may buy Supplemental Term Life insurance for your spouse or partner as well as term life insurance for your eligible children or your spouse/partner's children.
  • Accidental Death and Personal Loss - You may buy optional Accidental Death and Personal Loss (AD&PL) insurance in an amount equal to one to five times your eligible pay, up to a maximum of $2 million. You may also purchase coverage for your spouse or partner, your children, or your partner's children.

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