Life insurance plans: Maximum benefit amount

Table 20. Life insurance plans: Maximum benefit amounts, civilian workers,1 March 2018
(All workers with fixed multiple of earnings formula life insurance coverage = 100 percent)
Characteristics With
maximum
benefit
amount
Maximum benefit amount2 With no
maximum
benefit
amount
10th
percentile
25th
percentile
50th
percentile
(median)
75th
percentile
90th
percentile
All workers
77
$50,000
$50,000
$200,000
$500,000
$1,000,000
23
Worker characteristics
             
Management, professional, and related
77
50,000
100,000
250,000
675,000
23
    Management, business, and financial
79
50,000
250,000
650,000
21
    Professional and related
76
50,000
100,000
275,000
700,000
24
        Teachers
60
50,000
50,000
150,000
300,000
500,000
40
            Primary, secondary, and special education
             school teachers
51
50,000
50,000
300,000
500,000
49
        Registered nurses
84
50,000
1,000,000
16
Service
77
50,000
150,000
500,000
1,000,000
23
    Protective service
70
50,000
50,000
150,000
500,000
30
Sales and office
82
50,000
50,000
200,000
500,000
1,000,000
18
    Sales and related
86
50,000
50,000
500,000
14
    Office and administrative support
80
50,000
200,000
500,000
20
Natural resources, construction, and maintenance
76
50,000
50,000
200,000
500,000
24
    Construction, extraction, farming, fishing, and
     forestry
74
50,000
100,000
200,000
1,000,000
26
    Installation, maintenance, and repair
77
50,000
50,000
200,000
500,000
23
Production, transportation, and material moving
69
50,000
50,000
150,000
500,000
1,000,000
31
    Production
69
50,000
500,000
1,000,000
31
    Transportation and material moving
70
50,000
50,000
100,000
300,000
500,000
30
Full time
78
50,000
50,000
200,000
500,000
1,000,000
22
Part time
67
50,000
500,000
1,000,000
33
Union
65
50,000
50,000
150,000
1,000,000
35
Nonunion
79
50,000
50,000
250,000
500,000
1,000,000
21
Average wage within the following categories:3
             
    Lowest 25 percent
76
50,000
50,000
500,000
1,000,000
24
        Lowest 10 percent
82
50,000
50,000
1,000,000
18
    Second 25 percent
79
50,000
50,000
150,000
500,000
1,000,000
21
    Third 25 percent
77
50,000
200,000
500,000
1,000,000
23
    Highest 25 percent
77
50,000
100,000
300,000
23
        Highest 10 percent
77
50,000
300,000
2,000,000
23
Establishment characteristics
             
Service-providing industries
78
50,000
50,000
200,000
500,000
1,000,000
22
    Education and health services
75
50,000
200,000
500,000
1,000,000
25
        Educational services
65
50,000
50,000
170,000
300,000
500,000
35
            Elementary and secondary schools
53
50,000
50,000
200,000
300,000
500,000
47
            Junior colleges, colleges, and universities
77
50,000
50,000
350,000
500,000
23
        Health care and social assistance
80
50,000
100,000
250,000
500,000
1,000,000
20
            Hospitals
85
50,000
150,000
500,000
1,000,000
15
    Public administration
61
40,000
150,000
300,000
500,000
39
1 to 99 workers
78
50,000
50,000
150,000
500,000
1,000,000
22
    1 to 49 workers
82
50,000
50,000
150,000
500,000
18
    50 to 99 workers
71
50,000
50,000
150,000
500,000
750,000
29
100 workers or more
77
50,000
50,000
250,000
600,000
1,000,000
23
    100 to 499 workers
77
50,000
50,000
200,000
500,000
23
    500 workers or more
77
50,000
300,000
850,000
1,000,000
23
Geographic areas
             
Northeast
72
50,000
200,000
500,000
1,000,000
28
    New England
76
50,000
100,000
200,000
500,000
1,000,000
24
    Middle Atlantic
71
50,000
50,000
200,000
500,000
1,000,000
29
South
80
50,000
50,000
200,000
500,000
20
    South Atlantic
80
50,000
20
    East South Central
78
50,000
50,000
500,000
1,000,000
22
    West South Central
80
50,000
50,000
200,000
500,000
20
Midwest
75
50,000
50,000
500,000
25
    East North Central
78
50,000
250,000
500,000
22
    West North Central
69
50,000
50,000
200,000
500,000
1,000,000
31
West
80
50,000
200,000
750,000
1,000,000
20
    Mountain
79
50,000
250,000
1,000,000
1,000,000
21
    Pacific
81
50,000
50,000
200,000
1,000,000
19
1Includes workers in private industry and state and local government. See Technical Note for further explanation.
2The 10th, 25th, 50th, 75th, and 90th percentiles designate position within each published series. For example, at the 50th percentile or median, half of the
participating workers receive the same as or more than the benefit shown, and half receive the same as or less than the benefit shown. At the 25th percentile,
one-fourth of the participating workers receive the same or less than the benefit shown. The remaining percentiles follow the same logic.
3Surveyed 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 wage data for March 2018.

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/national-compensation-survey-glossary-of-employee-benefit-terms.htm.

Source: U.S. Bureau of Labor Statistics, National Compensation Survey.