Life and Accidental Death & Disability

Life Insurance

VMware provides Life Insurance for all regular employees.

Benefits

If you should die while in the service of VMware due to illness or injury, your beneficiaries will receive a lump sum payment of two (2) times annual salary (including base salary, bonus and commission).

Free Cover Limit

You automatically qualify for Life Insurance up to € 500,000.

Enrolment

Contributions

VMware pays 100% of the premium costs for the Life Insurance.

When Coverage Begins

Coverage will begin on your first day of active work as a VMware employee.

When Coverage Ends

Coverage will end on your last day of employment with VMware.

Accidental Death and Disability Insurance

VMware provides Accidental Death & Disability Insurance for all regular employees.

Benefits

If you should die or become permanently disabled for any kind of work due to an accident while in the service of VMware, you and/or your beneficiaries will receive a lump sum payment of two (2) times base annual salary. Accidental Death coverage is provided in addition to the Life Insurance. Consequently in this case you would receive a total lump sum payment of four (4) times annual base salary.

Enrolment

You are automatically enrolled in the Accidental Death & Disability Insurance.

Contributions

VMware pays 100% of the premium costs for the Accidental Death & Disability Insurance.

When Coverage Begins

Coverage will begin on your first day of active work as a VMware employee.

When Coverage Ends

Coverage will end on the last day of your employment with VMware. If you are not joining a new company with a similar employee benefits scheme after leaving VMware, you may take out an individual policy.