A death in the family is not only emotionally devastating, it can also take a tremendous toll on the future security of a family. In the event of passing, life insurance provides benefit directly to the individuals you select, your beneficiaries, who can use the money as they see fit. The Life Insurance provides peace of mind and a lump sum for the loved ones. MetLife has been our life insurance partner in the United States for years and provides this majority to all employees in Europe as well.
The amount of the life insurance is 2x your base annual earnings with a minimum benefit of $50,000 USD and a maximum benefit of $300,000. All premiums are paid by Intralox without employee contribution. Further details are laid out in the MetLife schedule of benefits scheme.