Results for Life Insurance
Basic Life Insurance Details
Life insurance pays a benefit to your beneficiary if you die. Rockwell Automation provides Basic Life Insurance coverage of 2 times your annual benefits pay at no cost to you.
When you select family coverage, all eligible dependents listed on EmployeeConnect are automatically covered.
2 times your annual benefits pay
Annual benefits pay is your annual base pay, or your total targeted compensation (sales employees only), as of Oct. 1, 2019.
|Your Spouse/Domestic Partner|
Benefits Pay for 2021 Annual Enrollment
Annual benefits pay is your annual base pay, or your total targeted compensation (sales employees only), as of Oct. 1, 2020.
Your designated beneficiaries for Basic Life Insurance, Supplemental Life Insurance for Employees, and Accidental Death & Dismemberment are the same.
Life Insurance and Imputed Income
For 2020 coverage, the cost is based on your age as of Dec. 31, 2019, and your smoker status. During Annual Enrollment, any Basic Life Insurance you receive over $50,000 and any Supplemental Life Insurance you purchase will be reported as imputed income based on IRS regulations.
Update Your Beneficiaries
Make sure you review and update your beneficiaries on EmployeeConnect each year to ensure you designate the right people to receive your life insurance benefit.