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Life and Disability Insurance

Life Insurance

Bentley provides to full-time and part-time benefits eligible employees basic life and accidental death and dismemberment (AD&D) insurance coverage, both equal to one times annual base salary up to $300,000. Enrollment is automatic. Bentley pays the premiums, but employees are taxed on the value of life insurance greater than $50,000.

An employee may purchase supplemental life insurance coverage of up to 5 times base earnings to a maximum of $650,000. Medical underwriting is required for amounts above the lesser of three times your salary and $325,000 and for coverage elected after your initial enrollment period.  

Also available for purchase is spouse / domestic partner dependent life insurance coverage from $10,000 to $100,000. Medical underwriting is required for amounts above $30,000 and for coverage elected after your initial enrollment period. Coverage for dependent children up to age 26 may be purchased in the flat amount of $10,000 per child. The cost is the same to cover one or more children. Employee and spouse coverage amounts are reduced to 50% at age 70.

Full-time and part-time employees covered under the Life Insurance through Reliance are eligible for the Travel Assistance Program.  See also the Description of Covered Services. 

For additional information on life/AD&D insurance:
Reliance Life/AD&D Insurance Summary 

Life and AD&D Certificate

Visit Reliance Standard for more information

Long-Term Disability Insurance

Bentley provides long-term disability (LTD) coverage to full-time employees at 60% of annual base earnings up to $200,000, for a maximum monthly benefit of $10,000. Employees who have been unable to work for six consecutive months are eligible to apply for long-term disability benefits. Reliance Standard, Bentley’s long-term disability carrier, determines whether an employee qualifies for long-term disability benefits and for how long. Enrollment is automatic. Bentley pays the premiums, but employees are taxed on the value of those premiums so that benefits are tax-free to the employee if collected.

Full-time employees of Bentley covered under the Long Term Disability insurance through Reliance are eligible for Identity Theft Recovery Services.

For additional information on LTD insurance:
Reliance Long Term Disability Summary

Long Term Disability Certificate

Visit Reliance Standard for more information

Individual Disability Insurance

Bentley provides additional long-term disability (LTD) coverage to employees at 60% of annual base earnings above $200,000, with a minimum monthly benefit of $500 up to a maximum monthly benefit of $5,000. An application to The Standard Insurance Company is required to issue the individual policy and will be provided upon hire or as of the July 1 you first become eligible.  Bentley pays the premiums, but employees are taxed on the value of those premiums so that benefits are tax-free to the employee if collected.  Upon termination you may continue this policy at your own expense.