Travel Accident Insurance


Eligibility and Enrolling	All active employees at salary grade level 22 and below and equivalent are eligible for travel accident insurance. There's no need to enroll for this plan; participation is automatic. However, you must name a beneficiary who will receive your travel accident insurance benefits if you die as the result of a covered accident. If you are at salary level 23 or above, you are eligible for the coverage and you have coverage under the Executive 24-Hour AD&D Insurance Plan.
Amount of Your Benefit	The Corporation automatically provides you with coverage equal to five times your annual compensation, rounded to the next higher $500, with a minimum death benefit of $50,000 and a maximum of $1 million
How Benefits Are Paid	The plan pays the full benefit amount in case of accidental death or certain covered losses while traveling on business for the Corporation. A percentage of the death benefit is paid for certain covered losses. Death benefits are paid to the beneficiary on record. In case of accidental dismemberment, benefits are paid to you. Payment is usually made in one lump sum, but installments can also be arranged.
Filing a Claim	To file a claim, notify the Human Resources Service Center (HRSC) at 1-888-THE-HRSC (1-888-843-4772). Payment is usually made in one lump sum, but installments can also be arranged. A representative will explain the benefits that are provided and what is needed to process the claim. In the case of your death, your manager notifies the HRSC and the HRSC contacts the beneficiary on file.