MMC Benefits Handbook
Cost of Coverage
You do not pay for your Business Travel Accident Insurance coverage. The Company pays the entire cost.
Taxes
This benefit payment is not subject to US federal income taxes and in most cases state income taxes. The death benefit may be subject to federal estate taxes.
Tax rules change from time to time. Please note that the information contained in this Summary Plan Description must not be construed as tax advice, which you can receive only from a professional tax advisor, who should be consulted on federal, state, income, gift, and estate tax questions.