Life Insurance &
Other Protection
Basic Life Insurance
Sabre provides you with basic life insurance equal to two times your base annual salary (rounded to the next highest $1,000). Be sure to review your beneficiaries every year. There is an additional life insurance plan if you would like to enroll in supplemental coverage.
Supplemental Team Member Term Life Insurance
In addition to company-paid basic life insurance, you have the option to elect additional coverage for your family. When you are first eligible, you can elect up to three times your base annual salary (rounded to the next highest $1,000) without answering medical options. You have the option to elect four or five times your base annual salary upon completing a medical questionnaire that is reviewed by Lincoln Financial Group. This process is known as Evidence of Insurability.
If you elect coverage or increase your Supplemental Life Insurance after your new hire enrollment period, you could be subject to the Evidence of Insurability process.
If you remain an active team member after reaching age 70, the total amount of your basic and supplemental team member coverage will decrease. When you reach age 70, coverage will be reduced to 65% of the coverage in place at age 69. When you reach age 75, coverage will be reduced to 50% of the coverage in place at age 69.
Spouse/Domestic Partner Life Insurance
You have the option to elect up to two times your base annual salary for your spouse/domestic partner up to $500,000. Any amount greater than $50,000 is subject to the Evidence of Insurability process.
Child Life Insurance
You have the option to elect $10,000 of coverage for each eligible child under the age of 26.
Accidental Death & Dismemberment Insurance (AD&D)
AD&D insurance is available in $50,000 increments. This plan provides additional protection only in the event of a death or injury that was the result of an accident. If you elect coverage for yourself (up to $500,000), you may also select coverage for your spouse/domestic partner and children in the following amounts:
- Spouse/Domestic Partner: $50,000 up to $350,000 and not to exceed your own coverage amount
- Children: $10,000 per child
This Benefits Website provides general information for our benefit eligible team members; however, more detailed information is available within the plan documents and legal contracts between our company and the insurance providers. In case of any discrepancy between this Benefits Website and the plan documents, the plan documents always govern and determine your exact benefits. In addition, the company reserves the right to modify or terminate any benefit plan at any time. Benefits are not a guarantee of employment.