$10,000 in coverage for both Life and Accidental Death and Dismemberment (AD&D)
insurance is FREE to all Full Time (32+ hrs/week) Solo W-2, Inc. employees.
Option To Buy Up
Solo W-2, Inc. employees have the option to have their Division purchase
additional Life and Accidental Death and Dismemberment (AD&D)
insurance – in addition to the free $10,000 – at deeply discounted group
rates. Rates are based only on age.
Coverage up to $100,000 is guarantee issue. You cannot be denied coverage.
Premiums for the portion of insurance benefit between $10,000 and $500,000 are paid with tax-exempt dollars out of your Division's revenue stream.
Premiums for the portion of insurance benefit greater than $50,000 are subject to very favorable IRS Table I tax rates.
Summary Explanation of Employee and Dependent Benefits
