VMware provides Life Insurance through MetLife Egypt for all permanent and fixed term contract employees.
If you should die, or become permanently disabled due to an accident, while in the service of VMware due to illness or injury you and/or your beneficiaries will receive a lump sum payment according to the following schedule:
|Key coverage details||Death – 36 x multiple of salaries|
|Accidental Death – Double Indemnity|
|Free cover limit (per person)||7,720,032 EGP|
|Maximum cover limit (per person)||10,000,000 EGP|
When Coverage Begins
You will be automatically enrolled into the Life Insurance plan from your first date of employment.
Coverage will begin on your first day of active work as a VMware employee.
VMware pays 100% of the premium cost of the coverage.
When Coverage Ends
Coverage will end on the last day of your employment with VMware.