Life and Accident Insurance
This section is the summary plan description (SPD) and the plan document for the JPMorgan Chase Life and Accident Insurance Plans. Please retain this section for your records. Other sections may also constitute the complete SPD/plan document, including the Plan Administration section.
The JPMorgan Chase Life and Accident Insurance Plans ("Plans") provide eligible employees with the security that comes from knowing you have a complete package of insurance protection suited to your personal situation. You're automatically provided with certain company-paid life and business travel accident insurance to help provide financial protection to your beneficiaries if you become injured or die. You can also purchase employee and dependent supplemental term life insurance and accidental death and dismemberment (AD&D) insurance at group rates.
This section will provide you with a better understanding of how your coverage under the Life and Accident Insurance Plans works, including how and when benefits are paid.
Be sure to see important additional information about the Plans, in the sections titled About This Guide, What Happens If …;, and Plan Administration.
If you still have questions after reviewing this Guide, there are a number of resources that can provide answers. As a first stop for this insurance, contact Metropolitan Life Insurance, Co., (MetLife), the Plans' claims administrator:
For additional resources, including information on how to contact the Business Travel Accident Plan administrator, consult the Contacts section.
The JPMorgan Chase U.S. Benefits Program is available to most employees on a U.S. payroll who are regularly scheduled to work 20 hours or more a week and who are employed by JPMorgan Chase & Co. or one of its subsidiaries to the extent that such subsidiary has adopted the JPMorgan Chase U.S. Benefits Program. This information does not include all of the details contained in the applicable insurance contracts, plan documents, and trust agreements. If there is any discrepancy between this information and the governing documents, the governing documents will control. JPMorgan Chase & Co. expressly reserves the right to amend, modify, reduce, change, or terminate its benefits and plans at any time. The JPMorgan Chase U.S. Benefits Program does not create a contract or guarantee of employment between JPMorgan Chase and any individual. JPMorgan Chase or you may terminate the employment relationship at any time.