| Business Travel Accident Insurance inexpensively provides coverage for all
employees, trustees and directors, while traveling on bank business, and for dependents
when accompanying them on business trips. Business Travel Accident Insurance provides
coverage in the event of death, dismemberment, or disabling injury incurred on business
travel or resulting from felonious assault involving bank funds. One of the plans even
provides commutation benefits.
FSIA offers three plan designs insured by CIGNA and one plan design
insured by Hartford Life Insurance Company. Each of the plans has different levels of
Principle Sum benefits.
Under the Cigna plans, all employees, trustees, directors and their
dependents are eligible. The plans offer Principle Sum benefits ranging from $100,000 to
$500,000, and various coverages such as dependent coverage to $50,000, weekly permanent
disability benefits, medical benefits for eligible spouses or dependent children and
travel assistance services for emergencies away from home.
Under
the Hartford Life Insurance plan all employees working at least 20 hours per week and all
trustees or directors of the bank are eligible. The plan offers a Principle Sum of
$100,000 per covered individual and various coverages such as weekly permanent disability
benefits and medical benefits. This plan covers all business trips including coverage for
commutation. |
