You are viewing the 2023 Benefits Guide. If you need to view the 2022 Benefits Guide click here.

Life and Accident Insurance

Benefits to protect your family in the event of your death or disability.

Overview

BMC Software provides you with a firm foundation of income protection benefits. In addition, you can supplement your company-provided coverage to further protect your income should you die or become disabled. Life and Supplemental Accidental Death and Dismemberment (AD&D) insurance are administered by Lincoln. 

Business Travel Accident Insurance

Offered through Chubb, Business Travel Accident (BTA) insurance is provided to all employees free of charge. BMC Software provides business travel accident insurance to you automatically – you do not need to enroll in this coverage.

BTA is a type of Accidental Death and Dismemberment (AD&D) insurance, so it pays a benefit if you die or become disabled as a result of a covered accident while traveling on business for BMC. The BTA insurance benefit is paid in addition to benefits paid from the Life and Optional AD&D insurance you may have.

The plan pays three times your salary up to a maximum of $1.5 million to your beneficiary in the event of your death while traveling on business. For family members who travel with you on an authorized trip or relocation, the plan provides $100,000 coverage for your spouse and $50,000 coverage for each child.

Learn more about this benefit.

Optional Accidental Death & Dismemberment Insurance

You can purchase optional AD&D insurance in an amount equal to one, two, three, four or five times your annual earnings, up to a maximum of $500,000. If the amount purchased is not a multiple of $1,000, this amount will be rounded to the next higher multiple of $1,000.  

Employee Only
Lincoln Financial Group
CHUBB
Machine Readable Files

The Departments of the Treasury, Labor, and Health and Human Services (the Departments) have issued the Transparency in Coverage final rules (85 FR 72158) on November 12, 2020. The final rules require non-grandfathered group health plans and health insurance issuers in the individual and group markets (plans and issuers) to disclose certain pricing information. Under the final rules a plan or issuer must disclose in-network negotiated rates and billed and out-of-network allowed through machine-readable files posted on an internet website. Plans and issuers are required to make these files public for plan policy years beginning in 2022. This material is for information only. Health information programs provide general health information and are not a substitute for diagnosis or treatment by a physician or other health care professional. You can access the BMC machine readable files here.