Life insurance plans: Method of benefit payment

Table 19. Life insurance plans: Method of benefit payment, civilian workers,1 National
Compensation Survey, March 2011

(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

55

2

39

3

1

Worker characteristics

         

Management, professional, and related

61

3

33

2

1

    Management, business, and financial

68

3

25

2

2

    Professional and related

57

3

36

3

1

        Teachers

38

2

55

5

1

            Primary, secondary, and special education
             school teachers

31

1

62

6

1

        Registered nurses

70

2

26

Service

44

2

49

4

1

    Protective service

39

2

52

5

2

Sales and office

62

2

33

2

1

    Sales and related

62

3

33

2

1

    Office and administrative support

63

2

33

2

1

Natural resources, construction, and maintenance

38

1

56

4

1

    Construction, extraction, farming, fishing, and
     forestry

21

1

71

5

1

    Installation, maintenance, and repair

51

1

44

4

1

Production, transportation, and material moving

45

1

49

4

1

    Production

44

1

49

5

2

    Transportation and material moving

46

1

49

3

1

Full time

55

2

39

3

1

Part time

51

1

45

2

1

Union

37

1

54

8

1

Nonunion

59

2

35

2

1

Average wage within the following categories:2

         

    Lowest 25 percent

46

1

50

3

[3]

        Lowest 10 percent

38

54

6

    Second 25 percent

54

2

42

2

1

    Third 25 percent

54

2

40

3

1

    Highest 25 percent

59

3

33

3

1

        Highest 10 percent

61

4

32

2

1

Establishment characteristics

         

Goods-producing industries

44

2

49

4

1

Service-providing industries

57

2

37

3

1

    Education and health services

51

2

42

3

1

        Educational services

40

2

52

5

1

            Elementary and secondary schools

31

1

61

6

1

            Junior colleges, colleges, and universities

59

4

33

4

1

        Health care and social assistance

61

3

34

2

1

            Hospitals

78

3

17

    Public administration

40

3

49

7

2

1 to 99 workers

45

2

51

2

1

    1 to 49 workers

45

2

51

2

1

    50 to 99 workers

46

50

2

100 workers or more

59

2

34

3

1

    100 to 499 workers

59

1

37

2

1

    500 workers or more

59

3

32

4

1

Geographic areas

         

New England

60

3

33

Middle Atlantic

56

2

36

5

1

East North Central

52

2

42

4

[3]

West North Central

55

2

40

3

[3]

South Atlantic

62

2

31

3

2

East South Central

56

36

4

West South Central

54

1

41

2

1

Mountain

49

1

48

Pacific

46

3

47

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, 2010." 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/glossary20102011.htm.