Life and AD&D
The BMW Store provides a Life and Accidental Death and Dismemberment (AD&D) benefit at no cost to you at 1 x your salary up to a maximum of $50,000. Your family or beneficiary will get the benefit amount if you pass away. The AD&D Insurance pays a benefit to your beneficiary if your death is caused by an accident. You may also get part of this benefit if an accident results in the loss of sight, a limb, certain fingers or toes, speech, hearing or certain types of paralysis.
Voluntary Life and AD&D
If you and your family require additional Life and AD&D insurance, you are able to purchase a supplemental benefit through Principal. You may purchase a benefit amount equal to any multiple of $10,000 from a minimum of $20,000 of insurance up to the lesser of $500,000 or 500% of your annual pay. Employees may purchase a benefit up to $150,000 without providing proof of good health. Employees electing more than $150,000 in Life and AD&D coverage must submit proof of good health before being approved.
View the detailed plan summary
View the Voluntary Life Employee Rate Grid Non-Smoker
View the Voluntary Life Employee Rate Grid Smoker
View the Voluntary Life Spouse Rate Grid Non-Smoker
View the Voluntary Life Spouse Rate Grid Smoker