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Employee Coverage
JPMorgan Chase automatically provides you with business travel accident insurance equal to six times your annual salary, with a minimum benefit of $50,000 and a maximum of $3 million, at no cost to you. However, if you're paid on an hourly basis, annual salary is based on the monthly average of amounts paid to you by JPMorgan Chase as hourly wages and/or commissions during the previous 36 months. The monthly average is then multiplied by 12 to determine your annual salary. Annual salary excludes any overtime earnings, incentive compensation, or other extra compensation arrangements.
You are covered for business travel accident insurance benefits until your last day of active employment at JPMorgan Chase.