Life insurance plans: Method of benefit payment Data Table

Table 19. Life insurance plans: Method of benefit payment, civilian workers,1 National
Compensation Survey, March 2010

(All workers with basic life insurance coverage = 100 percent)

Characteristics

Basic life insurance method of payment

Fixed
multiple of
annual
earnings

Variable
multiple of
annual
earnings

Flat dollar
amount

Variable
dollar
amount

Other

All workers

54

2

40

3

1

Worker characteristics

 

 

 

 

 

Management, professional, and related

60

3

34

2

1

    Management, business, and financial

67

3

26

2

2

    Professional and related

57

3

37

3

1

        Teachers

37

2

55

5

1

            Primary, secondary, and special education
             school teachers

32

1

61

6

1

        Registered nurses

67

29

2

Service

45

1

48

4

1

    Protective service

38

2

53

5

2

Sales and office

62

2

33

2

1

    Sales and related

61

2

35

1

1

    Office and administrative support

63

2

32

2

1

Natural resources, construction, and maintenance

37

1

57

4

1

    Construction, extraction, farming, fishing, and
     forestry

21

1

72

5

1

    Installation, maintenance, and repair

49

1

46

3

1

Production, transportation, and material moving

43

1

49

5

1

    Production

42

1

50

5

1

    Transportation and material moving

44

1

48

5

1

Full time

54

2

39

3

1

Part time

49

1

46

2

2

Union

36

1

54

8

1

Nonunion

59

2

36

2

1

Average wage within the following categories:2

 

 

 

 

 

    Lowest 25 percent

47

1

48

3

[3]

        Lowest 10 percent

42

51

6

    Second 25 percent

52

2

43

2

1

    Third 25 percent

54

2

40

3

1

    Highest 25 percent

58

3

34

4

1

        Highest 10 percent

60

4

33

2

1

Establishment characteristics

 

 

 

 

 

Goods-producing industries

42

2

50

4

1

Service-providing industries

56

2

38

3

1

    Education and health services

51

2

43

3

1

        Educational services

40

2

52

5

1

            Elementary and secondary schools

31

1

62

5

1

            Junior colleges, colleges, and universities

57

4

32

4

2

        Health care and social assistance

61

2

34

2

1

            Hospitals

76

2

19

    Public administration

39

3

49

6

2

1 to 99 workers

44

2

51

2

1

    1 to 49 workers

43

2

52

2

1

    50 to 99 workers

46

1

50

3

1

100 workers or more

59

2

34

4

1

    100 to 499 workers

59

2

37

2

1

    500 workers or more

59

3

32

5

1

Geographic areas

 

 

 

 

 

New England

58

3

34

3

1

Middle Atlantic

57

2

36

5

1

East North Central

50

2

43

4

[3]

West North Central

52

2

42

3

[3]

South Atlantic

61

2

33

3

2

East South Central

55

36

6

West South Central

53

2

42

2

2

Mountain

49

1

48

Pacific

48

3

46

2

1

Footnotes:

1Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except
the federal government. See Technical Note for further explanation.

2The categories are based on the average wage for each occupation surveyed, which may include workers with earnings both
above and below the threshold. The average wages are based on the estimates published in the "National Compensation Survey:
Occupational Earnings in the United States, 2009." See Technical Note for more details.

3Less than 0.5 percent.


NOTE: Because of rounding, sums of individual items may not equal totals. Dash indicates no workers in this category or data did not
meet publication criteria. For definitions of major plans, key provisions, and related terms, see the "Glossary of Employee Benefit
Terms" at www.bls.gov/ncs/ebs/glossary20092010.htm.