MMC Benefits Handbook
How Benefits Are Paid
Who will receive the benefit check?
If a covered family member dies or you suffer Dismemberment, you will receive the benefit check directly.
If you die, your designated beneficiary will receive the benefit check.
What is considered salary for determining the amount of my Business Travel Accident Insurance benefit?
The following definition of salary applies in determining the benefit under this Plan:
  • For Marsh McLennan employees (other than MMA): Salary for the purpose of the Plan is your annual base salary (excluding overtime, bonuses, commissions, and other extra compensation).
  • For MMA employees: Salary for the purpose of the Plan is your annual base salary (excluding overtime, bonuses, commissions, and other extra compensation) or your annual benefits base rate. Annual Benefits Base Rate includes your annual base salary, your annual MMA producer salary, your guaranteed annual draw and the average of the last two years' commissions. Note: the benefit payable for employees with an annual benefits base rate will equal five times the average commissions received over the last two year term with a minimum benefit of $750,000 and a maximum benefit of $2,000,000.
If my salary changes, what happens to my Business Travel Accident Insurance benefit?
Your Business Travel Accident Insurance benefit is based on your salary and will change when your salary changes. The maximum coverage will continue to apply.
Will my benefits be reduced as I get older?
No.