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.
Life insurance
Coverage is 36 times your monthly salary.
Accidental death
Coverage is an additional 36 times your monthly salary for death due to an accident.
Funeral insurance
Funeral expense coverage provides you with $50,000 MXN for you and your dependents in case of death. This coverage extends to your children and spouse registered under your major medical expenses policy.
How to enroll
You are enrolled upon hiring. You will receive the Beneficiary Designation form to complete during your Onboarding.
To add or remove beneficiaries after your initial enrollment, you’ll need to log a case with HR Hub. (This page is only accessible within the PayPal firewall.)