Every employee at Mountaire is entitled to $10,000 of Basic Life Insurance and Accidental Death and Dismemberment (AD&D) Insurance, which is provided for free and is effective on your date of hire.
Mountaire also offers Additional Life Insurance and AD&D Insurance equal to 2X your annual salary. When you enroll is this type of life insurance, Mountaire contributes a portion of the cost.
Supplemental Life Insurance is also offered, equal to 1X your annual salary, and employees pay 100 percent of the cost. The rate for this coverage is based on your age.
Dependent Life Insurance pays the benefit to you in the event of the death of your spouse or your children. You can choose from two different kinds of coverage:
- First Option: $10,000 for your spouse, $5,000 for each dependent
- Second Option: $20,000 for your spouse, $10,000 for each dependent
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