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Employee Benefits Survey
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Life insurance plans: Method of benefit payment

Table 18. Life insurance plans: Method of benefit payment, private industry workers,
March 2018
(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
61
2
35
2
1
Worker characteristics
         
Management, professional, and related
71
2
24
1
1
    Management, business, and financial
73
2
24
1
1
    Professional and related
70
2
25
2
1
Service
53
43
2
    Protective service
48
52
Sales and office
62
3
33
2
[1]
    Sales and related
59
35
2
    Office and administrative support
63
2
32
2
[1]
Natural resources, construction, and
 maintenance:
  Construction, extraction, farming, fishing, and
  forestry
15
1
80
4
Production, transportation, and material moving
51
43
4
    Production
48
45
5
    Transportation and material moving
54
41
3
Full time
61
2
35
2
1
Part time
51
39
6
Union
46
43
8
Nonunion
63
2
33
1
1
Average wage within the following categories:2
         
    Lowest 25 percent
45
2
50
3
[1]
        Lowest 10 percent
37
58
4
    Second 25 percent
56
2
40
2
[1]
    Third 25 percent
60
2
35
3
1
    Highest 25 percent
70
2
25
2
1
        Highest 10 percent
74
2
20
1
2
Establishment characteristics
         
Goods-producing industries:
      Construction
18
79
2
Service-providing industries
63
2
32
2
1
    Trade, transportation, and utilities
55
3
38
4
1
        Wholesale trade
49
2
44
3
2
        Retail trade
52
5
38
5
1
        Transportation and warehousing
61
34
        Utilities
70
7
22
    Information
84
    Financial activities
79
2
18
1
[1]
        Finance and insurance
83
2
14
1
[1]
            Credit intermediation and related activities
85
12
            Insurance carriers and related activities
83
1
15
        Real estate and rental and leasing
59
40
    Professional and business services
62
3
34
        Professional and technical services
60
36
        Administrative and waste services
45
50
2
    Education and health services
67
28
3
        Educational services
63
32
2
            Junior colleges, colleges, and universities
73
22
3
        Health care and social assistance
68
28
3
    Leisure and hospitality
42
58
        Accommodation and food services
35
65
    Other services
50
50
1 to 99 workers
50
1
48
1
1
    1 to 49 workers
51
46
1
    50 to 99 workers
47
50
2
100 workers or more
67
2
27
3
1
    100 to 499 workers
61
3
33
3
1
    500 workers or more
76
1
19
3
1
Geographic areas
         
Northeast
69
2
25
4
1
    New England
68
24
4
    Middle Atlantic
69
2
25
4
1
South
61
2
34
2
1
    South Atlantic
62
3
32
    East South Central
60
32
3
    West South Central
61
37
1
Midwest
57
1
39
3
1
    East North Central
56
40
2
    West North Central
60
35
4
West
56
2
40
1
1
    Mountain
58
39
1
    Pacific
55
2
41
1
1
1Less than 0.5.
2Surveyed 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.