Belk offers you different levels of life insurance and disability coverage to meet your needs.

Basic Life and AD&D Insurance

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:

  • One times your annual pay, up to $500,000, or
  • $50,000. This option allows you to avoid having to pay taxes on the cost of employer-provided life insurance above $50,000. Learn about imputed income.

Reductions apply beginning at age 65.

Supplemental Life and AD&D Insurance

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:

  • Multiples of one to six times your annual pay, up to $2 million. Reductions apply beginning at age 65.

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.

Basic Short-Term and Supplemental Long-Term Disability

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.

DisabilityBasic Short-Term Disability (STD)

Company pays, coverage is automatic

  • Coverage begins after 7 days of continuous disability
  • Pays 60% of eligible weekly pay
  • Benefits end after 12 weeks.

DisabilitySupplemental Long-Term Disability (LTD)

For coverage, you must enroll and pay the premium

  • Coverage begins after you have been disabled for more than 90 continuous days
  • Pays 60% of your eligible pay
  • Pre-existing condition limitation
  • Evidence of insurability will be required if you are not currently enrolled