VMware provides Life insurance through Arabian Shield Cooperative Insurance (ASICO).
All regular employees are eligible for Life Insurance.
If you should die while in the service of VMware, your beneficiaries will receive a lump sum payment of two (2) times your annual insured salary.
Free Cover Limit
You automatically qualify for Life Insurance up to SAR 3,000,000.
- 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.
VMware pays 100% of the premium costs for the Life Insurance.
When Coverage Begins
Coverage will begin on your first day of employment with VMware provided you are actively at work.
When Coverage Ends
Coverage will end on your last day of employment with VMware.
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Last Updated: 6 Oct 2021, 8:57 PM