Belk offers you different levels of life insurance and disability coverage to meet your needs.
Belk provides Basic Life and Accidental Death and Dismemberment (AD&D) coverage to all full-time associates. You don’t need to enroll in Basic Life and AD&D insurance, as it’s provided to you automatically when you are eligible for benefits.
Benefits are equal to:
Reductions apply beginning at age 65.
You can also choose to purchase additional life and/or AD&D insurance for yourself, your spouse, and your child(ren). You must purchase coverage for yourself in order to purchase it for your dependents.
Supplemental life insurance benefits are equal to:
You are also eligible to sign up for supplemental AD&D with coverage options from $25,000 to $200,000. This benefit can help protect you and your family if an unexpected injury occurs.
A disability can be one of the biggest financial risks you face. That’s why Belk offers disability insurance to help protect your financial wellbeing. If you become ill or injured and need to miss work for an extended time, disability insurance can replace a percentage of your lost income.
Basic Short-Term Disability (STD)
Company pays, coverage is automatic
Supplemental Long-Term Disability (LTD)
For coverage, you must enroll and pay the premium