Survivor Benefits
Your family members will receive survivor benefits when you die. Your spouse and children would be eligible for benefits based on your current coverage under the BearCom Benefit Plan.
Life & Survivor Benefits
| Coverage Continuation | |
|---|---|
| For Long-Term Disability | 3 times your last monthly benefit payment |
| For Health & Dental | 24 Months |
| For Dependent Life | 24 Months or No longer a Dependent |
For Long-Term Disability
- Coverage Continuation
- 3 times your last monthly benefit payment
For Health & Dental
- Coverage Continuation
- 24 Months
For Dependent Life
- Coverage Continuation
- 24 Months or No longer a Dependent
| Class A: Basic Plan | Class B: Enhanced Plan | |
|---|---|---|
| Schedule | Flat $25,000 | 1.0 x times annual earnings |
| Maximum Benefit | $25,000 | Up to $500,000 |
| Reduction Clauses | 50% at age 65 | 50% at age 65 |
| Termination Clauses | At age 85 or retirement, whichever is earlier | At age 85 or retirement, whichever is earlier |
Schedule
- Class A: Basic Plan
- Flat $25,000
- Class B: Enhanced Plan
- 1.0 x times annual earnings
Maximum Benefit
- Class A: Basic Plan
- $25,000
- Class B: Enhanced Plan
- Up to $500,000
Reduction Clauses
- Class A: Basic Plan
- 50% at age 65
- Class B: Enhanced Plan
- 50% at age 65
Termination Clauses
- Class A: Basic Plan
- At age 85 or retirement, whichever is earlier
- Class B: Enhanced Plan
- At age 85 or retirement, whichever is earlier
| Class A: Basic Plan | Class B: Enhanced Plan | |
|---|---|---|
| Schedule | Spouse $10,000; Child $5,000 | Spouse $20,000; Child $10,000 |
| Termination Clauses | At age 85 or retirement, whichever is earlier | At age 85 or retirement, whichever is earlier |
Schedule
- Class A: Basic Plan
- Spouse $10,000; Child $5,000
- Class B: Enhanced Plan
- Spouse $20,000; Child $10,000
Termination Clauses
- Class A: Basic Plan
- At age 85 or retirement, whichever is earlier
- Class B: Enhanced Plan
- At age 85 or retirement, whichever is earlier
| Class A: Basic Plan | Class B: Enhanced Plan | |
|---|---|---|
| Schedule | Flat $25,000 | 1.0 x times annual earnings |
| Maximum Benefit | $25,000 | Up to $500,000 |
| Reduction Clauses | 50% at age 65 | 50% at age 65 |
| Termination Clauses | At age 85 or retirement, whichever is earlier | At age 85 or retirement, whichever is earlier |
Schedule
- Class A: Basic Plan
- Flat $25,000
- Class B: Enhanced Plan
- 1.0 x times annual earnings
Maximum Benefit
- Class A: Basic Plan
- $25,000
- Class B: Enhanced Plan
- Up to $500,000
Reduction Clauses
- Class A: Basic Plan
- 50% at age 65
- Class B: Enhanced Plan
- 50% at age 65
Termination Clauses
- Class A: Basic Plan
- At age 85 or retirement, whichever is earlier
- Class B: Enhanced Plan
- At age 85 or retirement, whichever is earlier
| Class A: Basic Plan | Class B: Enhanced Plan | |
|---|---|---|
| Benefit Amount | Units of $10,000 for Employee and Spouse; Units of $1,000 for each Child | Units of $10,000 for Employee and Spouse; Units of $1,000 for each Child |
| Maximum Benefit | $1,500,000 for Employees; $500,000 for Spouse; $25,000 for each Child | $1,500,000 for Employees; $500,000 for Spouse; $25,000 for each Child |
| Termination Clauses | At age 65 or retirement, whichever is earlier | At age 65 or retirement, whichever is earlier |
Benefit Amount
- Class A: Basic Plan
- Units of $10,000 for Employee and Spouse; Units of $1,000 for each Child
- Class B: Enhanced Plan
- Units of $10,000 for Employee and Spouse; Units of $1,000 for each Child
Maximum Benefit
- Class A: Basic Plan
- $1,500,000 for Employees; $500,000 for Spouse; $25,000 for each Child
- Class B: Enhanced Plan
- $1,500,000 for Employees; $500,000 for Spouse; $25,000 for each Child
Termination Clauses
- Class A: Basic Plan
- At age 65 or retirement, whichever is earlier
- Class B: Enhanced Plan
- At age 65 or retirement, whichever is earlier