Travel Accident Insurance
Employees of the College that are full time or part time (working 17.5 hours per week) are covered under an Associated Colleges of the Midwest Travel Accidental Death and Dismemberment policy when in a business travel status for the College. The benefit amount under this program is equal to two (2) times base annual salary, subject to a minimum of $100,000 and a maximum of $300,000. The benefits would be paid to the group life insurance beneficiary in the event of death. The Principal Sum ($100,000) reduces upon attaining certain ages (see SPD).