Travel Accident Insurance Plan

 

The following describes the AUI Group Travel Accident Insurance Plan, which provides employees with 24-hour accident coverage while traveling on AUI business.  This insurance coverage is paid in full by AUI and administered by the Observatory Business Services division.

 

Who Is Eligible? 

 

All AUI employees, visiting scientists, and guests are eligible for Travel Accident Insurance coverage.

 

Outline of Your Travel Accident Insurance Plan

 

Benefits Provided - The principal benefit is five times an employee's annual base salary with a minimum benefit of $100,000 and a maximum benefit of $500,000, which will be payable in the following manner for bodily injuries sustained within one year from the date of accident:

 

 

For accidental death................................................... 100% of principal sum

For permanent total disability.................................... 100% of principal sum

For loss of both eyes, two limbs,

 or one limb and one eye..................................... 100% of principal sum

For loss of one eye or one limb.................................. 50% of principal sum

 

Coverage: Business Travel- The policy provides full 24-hour accident coverage while on authorized AUI travel status.  Coverage begins at the actual starting point of an anticipated trip, whether this is your place of employment, your home, or some other location, whichever occurs last.  Coverage terminates upon your return to home or place of employment, whichever occurs first.

 

Exclusions - The policy does not provide coverage for commutation and vacation travel, suicide, or attempt thereof, declared or undeclared war or any act thereof, service in the armed forces, or riding as a pilot or crew member in any aircraft.

 

Beneficiary - In the event of accidental death covered by this policy, your beneficiary will be the person or persons designated under your Basic Group Life Insurance policy, unless you wish to designate a specific beneficiary for this insurance.  However, should you wish to make an outright assignment of your Travel Accident Insurance policy to another person instead of naming a beneficiary, a separate assignment form is necessary and may be obtained from the Human Resources Office.

 

 

 

 

Modified on Tuesday, 01-Apr-2008 14:30:16 EDT