School Board of Martin County

Coverage is provided by The Standard Life Insurance Company.

All employees regularly scheduled to work a minimum of 20 hours a week are eligible for a school-district paid term life insurance policy. The policy has an accidental death & dismemberment rider for active employees. The schedule of benefits is:

Instructional and Non-Instructional Employees: $35,000
Administrators: Two times salary or $75,000 maximum

Coverage reduces as noted below:

Age	Instructional & Non - Instructional	Administrators*
<65	$35,000	2 x salary or a max of $75, 000
65 - 69	$22,750	65% of amount prior to age 65 of a max $48,750
70+	$17,500	50% of amount prior to age 65 or a max of $37,500

* Includes Plant Operators, Confidential Secretaries, Food Service Managers and Extended Day Managers.

For more information on these benefits such as waiver of premium, accelerated benefit, conversion, portability privileges, and to receive a beneficiary form or change a beneficiary designation, please contact the Risk Management/Employee Benefits Department. For a copy of the life insurance certificate – please click here.

Life insurance beneficiary designations can be made at any time and updated at any time. We strongly encourage you to keep your beneficiaries current in order to be consistent with any life changes you may experience. The changes can be made online at https://sbmc.myebconline.com. Online designations can be printed to keep for your records. Paper forms are also available at that same website.

TRAVEL BENEFITS
This life insurance policy also offers valuable travel benefits. The MEDEX Travel Assist benefit with The Standard provides an additional sense of security for all of our eligible employees when traveling more than 100 miles from home or internationally. Please click here for more information.

Employee Benefits Booklet 2009-2010
Click on picture below to download Acrobat.