What you need to know
Insurance is about protecting the people who are most important to you. It’s about having financial protection — taking care of your loved ones should you die. It’s about having peace of mind.
PayPal pays 100% of premiums for life insurance cover for you. This benefit doesn’t extend to covered family members.
Life insurance
Cover is 2 times your annual salary plus 0.5 times your annual salary per dependent child. Your annual salary is 13.92 times your gross monthly salary as of January.
How to enrol
The Delta Lloyd form is provided to you in your hiring pack. Fill out the form and submit it to HR Hub Once you submit the form, HR Hub will contact Mercer to complete your enrolment.
If you need to change your beneficiary(ies), submit a ticket through HR Hub. Your beneficiary(ies) will be contacted by HR Hub in the event of your death.