Of course, it is the unthinkable. But the loss of your spouse, partner or dependent child can mean serious financial hardship for you and your family. These plans can help.
Basic Dependent Life Insurance Coverage
If included in your company’s plan, basic dependent life insurance coverage is paid for by your employer. And it gives you cash should your spouse, partner or a dependent child die.
Supplemental Dependent Life Insurance Coverage
Supplemental dependent life insurance lets you buy more life insurance coverage over and above what the basic dependent life coverage provides.
Basic Dependent Accidental Death and Personal Loss Coverage
If included in your company’s plan, basic accidental death and personal loss coverage is paid for by your employer. It can help you meet the added expenses that may come with an accident-related death or other personal loss.
Supplemental Dependent Accidental Death and Personal Loss Coverage
Supplemental dependent accidental death and personal loss Coverage lets you buy more coverage over and above what the basic accident coverage provides.
Consult your plan documents. Or talk to your human resources person for more details on these plans.