Group Basic Life

Shaw provides the Group Basic Life benefit through Minnesota Life Insurance Company to all regular, full-time associates.  The amount of Group Basic Life is equal to one times your basic annual earnings up to a maximum of $100,000.

Dependents who are covered under the Shaw Medical Plan are eligible for Dependent Basic Life:  
Spouse - $5,000 and Child(ren) - $2,000.  Dependent children from live birth up to age 26 or disabled (verify plan requirements) - dependent verification is required.

This benefit is at no cost to the associate.

Age Reduction
If you are still employed at age seventy (70) or after, the Group Basic Life Insurance amount is reduced by 50%. If you are still employed, and your spouse reaches age seventy (70) or after, their Group Basic Life Insurance (must be covered under medical) amount is reduced by 50%.

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