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.
| Basic Life | |
|---|---|
| You | 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, 2022. |
| Your Spouse/Domestic Partner | N/A |
| Your Children | N/A |
Benefits Pay for 2024 Annual Enrollment
Annual benefits pay is your annual base pay, or your total targeted compensation (sales employees only), as of Oct. 1, 2023.
Beneficiaries
Your designated beneficiaries for Basic Life Insurance, Employee Supplemental Life Insurance and Accidental Death & Dismemberment are the same. Make sure you review and update your beneficiaries on Your Benefits™ each year to ensure you designate the right people to receive your life and accident insurance benefits.
Life Insurance and Imputed Income
For 2023 coverage, the cost is based on your age as of Dec. 31, 2022, 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.
