What you need to know
Accidental death and disablement insurance provides 24-hour worldwide cover that pays you or your designated beneficiaries a benefit upon your death, total and permanent disablement, or partial and permanent disablement due to an accident.
Basic coverage
PayPal provides you with accidental death and disablement insurance of up to 36 times your monthly base salary. The amount of this benefit is based on the policy in the member briefing.
This insurance is 100% company-paid, so you’re covered no matter where you go, 24/7. Enrollment is automatic. Coverage is for you only and does not extend to your dependents.
An accident is defined as a sudden, unforeseen, and unexpected event happening by chance that results in the insured person suffering death, disablement, or bodily injury.