Business Travel Accident Insurance
Offered through Chubb, Business Travel Accident (BTA) insurance is provided to all worldwide employees free of charge. BMC Software provides business travel accident insurance to you automatically – you do not need to enroll in this coverage.
BTA is a type of Accidental Death and Dismemberment (AD&D) insurance, so it pays a benefit if you die or become disabled as a result of a covered accident while traveling on business for BMC. The BTA insurance benefit is paid in addition to benefits paid from the Life and Optional AD&D insurance you may have.
The plan pays three times your salary up to a maximum of $1.5 million to your beneficiary in the event of your death while traveling on business. For family members who travel with you on an authorized trip or relocation, the plan provides $100,000 coverage for your spouse and $50,000 coverage for each child.
BTA insurance pays a percentage of the business travel accident coverage amount for an injury based on the type of loss incurred.
| If an Accident Causes the Loss of... | The Plan Pays... (% of covered amount) |
|---|---|
| Life | 100% |
| Loss of two or more of: hand or foot, sight, speech and hearing | 100% |
| Total paralysis of both upper and lower limbs | 100% |
| Loss of one of: hand or foot, sight, speech and hearing | 50% |
| Total paralysis of both upper and lower limbs on one side of the body | 50% |
| Total paralysis of both lower limbs or both upper limbs | 75% |
| Thumb and index finger of same hand | 25% |
| Total paralysis of one lower limb or one upper limb | 25% |
A complete description of the BTA insurance benefit is available here.