Life Insurance
Eligibility
All regular employees are eligible for Life Insurance.
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 four (4) times annual base salary.
Free Cover Limit
You automatically qualify for Life Insurance up to £1,250,000.
Enrollment
- You are automatically enrolled in the Life Insurance and insured for amounts under the free cover limit listed above.
- In order to qualify for insurance amounts exceeding the free cover limit you may need to undergo a medical examination.
- The insurance company will contact you within your first month to provide you with details.
Contributions
VMware pays 100% of the premium costs for the Life Insurance.
When Coverage Begins
Your coverage begins on your first day of active work as a VMware employee.
When Coverage Ends
Your coverage ends on the last day of your employment with VMware.
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Last Updated: 1 Oct 2021, 11:11 AM