Life and AD&D Benefits
OVERVIEW

LIFE & ACCIDENT INSURANCE

It’s important to plan for your family’s financial security in case the unexpected happens. That’s why Informatica provides basic life insurance and accidental death and dismemberment (AD&D) insurance at no cost to you.

You also have the option of buying supplemental life and AD&D insurance for yourself and your family through Open Enrollment or if you experience a qualifying life event.

In addition, you have the protection of company-paid business travel accident insurance.

Basic Life and AD&D Insurance

Informatica provides basic life and AD&D coverage to assist you and your family in the event of a death or dismemberment. These benefits are fully paid by the company.

Benefits are equal to:

  • 2.5 times your annual salary, up to a maximum benefit of $750,000.
  • Your annual earnings include your last 12 months of commissions and your prior year bonuses, but do not include renewal commissions, overtime pay, or any other pay

Tools and Resources

Plan Documents

Supplemental Life and AD&D Insurance

You can purchase additional life and AD&D insurance for yourself, as well as for your spouse/domestic partner and your child(ren). You pay the full cost of any supplemental life and AD&D coverage. You must purchase coverage for yourself to be eligible to purchase coverage for your dependents. Eligible amount for dependents must be the same or less than the employee purchased amount of coverage.

  • Supplemental employee life and AD&D — You may elect up to 5 times your salary up to a maximum of $500,000, in increments of $10,000.
  • Spouse/domestic partner life and AD&D — You may purchase life and AD&D insurance for your spouse or domestic partner up to 100% of the employee election to a max of $500,000, in increments of $5,000.
  • Child life and AD&D — You may purchase coverage for children birth to age 25 to a maximum of $10,000, in increments of $2,000.
  • The guaranteed issue amounts of $340,000 (employee) and $50,000 (spouse/domestic partner) are only available at time of hire.

Cost to Employee

Monthly

Child Coverage

$0.064 per $1,000 of coverage

Employee Coverage

Employee Age

Cost per $1,000
of coverage

<25

$0.064

25 – 29

$0.064

30 – 34

$0.073

35 – 39

$0.092

40 – 44

$0.120

45 – 49

$0.173

50 – 54

$0.253

55 – 59

$0.411

60 – 64

$0.637

65 – 69

$1.101

70 – 74

$1.949

75+

$2.083

Employee Coverage

Spouse Age

Cost per $1,000
of coverage

<25

$0.073

25 – 29

$0.083

30 – 34

$0.103

35 – 39

$0.113

40 – 44

$0.147

45 – 49

$0.217

50 – 54

$0.323

55 – 59

$0.480

60 – 64

$0.793

65 – 69

$1.321

70 – 74

$2.331

75+

$4.735

Business Travel Accident Insurance

When traveling on behalf of the company, you are protected under a company-paid business travel accident insurance policy should an illness or accident occur. This policy provides coverage for certain injuries or death resulting from an accident during business travel.

You are covered for 10 times your annual base salary for accidental death, up to a maximum benefit of $250,000. Accidental dismemberment insurance is a percentage of the accidental death amount, ranging from 25% to 100%. You also have an unlimited maximum for emergency medical evacuation and repatriation expenses. Evacuation will be to the nearest hospital where appropriate medical treatment can be obtained. The policy also pays to transfer you home to your country of residence to obtain further medical treatment. In the event of loss of life, the policy pays for the return of your remains to your place of residence.

Coverage is automatic and there is no cost to you. Learn more about travel assistance on the Supplemental Medical page.