Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Employee Benefits Survey
EBS EBS Program Links

Life insurance plans: Fixed multiple of annual earnings benefit formulas

Table 19. Life insurance plans: Fixed multiple of annual earnings benefit formulas, civilian workers,1
National Compensation Survey, March 2014

(All workers with fixed multiple of annual earnings formula life insurance coverage = 100 percent)

Characteristics

Multiple of annual earnings amounts2

Mean
multiple of
annual
earnings

Median
multiple of
annual
earnings

Less than
1.0 times
earnings

1.0 times
earnings

Over 1.0
and under
2.0 times
earnings

2.0 times
earnings

Greater
than 2.0
times
earnings

All workers

1

61

12

22

4

1.4

1.0

Worker characteristics

             

Management, professional, and related

[3]

57

12

25

5

1.4

1.0

    Management, business, and financial

1

56

10

27

6

1.4

1.0

    Professional and related

58

14

23

1.4

1.0

        Teachers

52

22

23

1.4

            Primary, secondary, and special education
             school teachers

52

25

22

1

1.4

        Registered nurses

76

10

13

1.2

1.0

Service

1

65

13

18

3

1.3

1.0

    Protective service

60

13

19

8

1.4

1.0

Sales and office

[3]

65

10

20

4

1.3

1.0

    Sales and related

77

7

13

1.2

1.0

    Office and administrative support

[3]

61

11

23

5

1.4

1.0

Natural resources, construction, and maintenance

1

63

12

22

3

1.3

1.0

    Construction, extraction, farming, fishing, and
     forestry

61

14

23

2

1.3

1.0

    Installation, maintenance, and repair

1

63

11

22

3

1.3

1.0

Production, transportation, and material moving

1

62

14

21

3

1.3

1.0

    Production

57

13

26

1.4

1.0

    Transportation and material moving

1

67

15

15

2

1.3

1.0

Full time

[3]

60

12

23

4

1.4

1.0

Part time

1

74

11

10

5

1.3

1.0

Union

1

64

16

14

5

1.3

1.0

Nonunion

[3]

61

11

24

4

1.4

1.0

Average wage within the following categories4:

             

    Lowest 25 percent

70

9

18

1.3

1.0

        Lowest 10 percent

68

1.3

1.0

    Second 25 percent

1

66

12

18

3

1.3

1.0

    Third 25 percent

[3]

58

13

24

4

1.4

1.0

    Highest 25 percent

1

57

12

25

6

1.4

1.0

        Highest 10 percent

1

55

11

26

6

1.4

1.0

Establishment characteristics

             

Goods-producing industries

53

11

31

1.4

1.0

Service-providing industries

1

62

12

21

4

1.3

1.0

    Education and health services

1

63

15

20

2

1.3

1.0

        Educational services

48

20

27

1.4

            Elementary and secondary schools

46

26

26

2

1.4

1.5

            Junior colleges, colleges, and universities

50

14

28

1.4

        Health care and social assistance

1

71

12

16

1

1.2

1.0

            Hospitals

1

74

12

12

1

1.2

1.0

    Public administration

56

19

19

1.4

1.0

1 to 99 workers

59

12

23

1.4

1.0

    1 to 49 workers

62

11

21

1.4

1.0

    50 to 99 workers

54

14

28

1.4

1.0

100 workers or more

1

62

12

22

4

1.3

1.0

    100 to 499 workers

[3]

64

10

22

5

1.4

1.0

    500 workers or more

1

60

13

22

3

1.3

1.0

Geographic areas

             

Northeast

1

57

17

19

5

1.4

1.0

    New England

64

16

17

1.3

1.0

    Middle Atlantic

55

18

20

1.4

1.0

South

[3]

64

9

23

3

1.3

1.0

    South Atlantic

65

10

22

1.3

1.0

    East South Central

60

9

26

1.4

1.0

    West South Central

64

9

24

1.3

1.0

Midwest

57

13

26

1.4

1.0

    East North Central

59

12

25

1.4

1.0

    West North Central

52

15

27

1.4

1.0

West

1

66

9

19

5

1.3

1.0

    Mountain

71

14

13

1.2

1.0

    Pacific

1

63

7

23

6

1.4

1.0

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.

2Includes participants in plans in which insurance equaled a multiple of earnings plus or minus a specified amount.

3Less than 0.5.

4Surveyed occupations are classified into wage categories based on the average wage for the occupation, which may include workers with earnings both
above and below the threshold.  The categories were formed using percentile estimates generated using ECEC data for March 2014.


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/glossary20132014.htm.