What you need to know
PayPal pays 100% of premiums for life and accidental death for you. This benefit doesn’t extend to covered family members.
Coverage is 36 times your monthly salary.
Coverage is an additional 36 times your monthly salary for death due to an accident.
For life insurance, the seniority premium will be paid to your legal beneficiaries as required by applicable law. The seniority premium equals 12 days of base salary (capped at 2 MWB) for each year of service.
How to enroll
The enrollment 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 (only accessible within the PayPal firewall) will contact Mercer to complete your enrollment.
Need to make a change?
If you need to change your beneficiary(ies), submit a ticket through Employee Central. Your beneficiary(ies) will be contacted by HR Hub in the event of your death.
Provider contact information
Life and accidental death insurance
This page is only accessible within the PayPal firewall.