Basic Life
Xigent provides Basic Life and AD&D to all full time employees working 34 or more hours per week, except any person working on a temporary or seasonal basis. The benefit amount is one times annual base earnings to a maximum of $300,000.
Supplemental Life
In addition to basic life insurance, you can choose from a minimum of $10,000 to a maximum of $500,000 for your or your spouse. Eligible dependent children can get benefits of up to $10,000 (maximum depends on age).
Supplemental Life and AD&D and Dependent Life Rates Monthly cost per $1,000 of coverage.
Whole Life
Whole life policies provide that the amount of life insurance coverage you buy at the start of the policy remains the same throughout your lifetime. The cost is fixed, based on your age when you buy it. And the money paid to your family when you die is generally income tax free
