MMC Benefits Handbook
Will my beneficiary receive an additional benefit if I was wearing my seat belt or air bag deployed in a car accident that resulted in death?
There is a benefit of the lesser of $50,000 or 10% of your principal sum if you were wearing a properly fastened, original, factory-installed seat belt. In addition, if the Seat Belt Benefit is payable and the original, factory-installed automobile air bag system properly inflated upon impact during a car accident that causes death, an additional benefit of the lesser of $50,000 or 10% of your principal sum is payable in one lump sum.
Does the Plan cover terrorism?
The Plan covers loss resulting from terrorism directed at and while on any premises of the Company, subject to the policy aggregate limit of $50,000,000 per event, provided it is not an act of an employee.
Does the Plan cover losses sustained as a result of a bomb?
The Plan covers loss resulting from a bomb explosion, threat of bombing, bomb scare or bomb search directed at and on any premises of the Company subject to the policy aggregate limit of $50,000,000 per event, provided it is not an act of an employee or former employee whose employment ended less than 6 months prior to the bombing or bomb scare.
Does the Plan cover losses sustained as a result of a hijacking/skyjacking?
The Plan covers loss resulting from a hijacking/skyjacking, except of a private automobile, while the employee is on the business of the Company, provided it is not an act of an employee, an immediate family member of an employee, a former employee whose employment ended less than 6 months prior to the hijacking/skyjacking, or an individual who resides with an employee on a permanent basis.
Does the Plan provide worldwide war risk coverage?
The Plan does not cover loss resulting from declared or undeclared acts of war in the United States, or the employee's country of permanent residence. The Plan covers losses occurring in any other designated war risk territory worldwide; however, National Union has the right to discontinue this coverage with 10 days' notice to the Company, in which case a benefit will not be paid.
Does the Plan pay benefits in case of exposure?
If the body of an employee is unavoidably exposed to the elements and as a result of such exposure suffers a loss within the meaning of the policy, the loss would be covered.
Does the Plan pay benefits in case of a disappearance?
If the body of the employee has not been found within one year of the disappearance, forced landing, stranding, sinking or wrecking of a conveyance in which you were an occupant, then it will be deemed that you suffered loss of life within the meaning of the policy.