Virginia Property Insurance Association

Handbook Insurance Pension Plan 401K Savings Plan PTO Request Form Quote View Policyholder Data Submit Online Application Submit Continuation Application Pending Web Applications Request Policy Change Update Producer Data View List of Policyholders Report a Claim Applications & Supplements Policy Forms Manuals Helpful Tools Newsletters Continuing Education Dwelling Commercial Condo Unit Owner Saved Quote Billing Information Declarations Page Dwelling Commercial Dwelling Commercial Status of Application Revise Application Reprint Application Request an Endorsement Update Mortgagee Clause Request A Cancellation Dwelling Application Commercial Application Supplemental Applications Dwelling Forms Commercial Forms Manual of Operations Dwelling Manual Commercial Manual Substandard Conditions Manual Report a Claim Contact My Claims Adjuster Make a Payment Find an Agent Directions to Office Request Information Checking Account Credit Card About Us Contact Us Directions to Office Privacy Policy Industry Links Alternative Markets Other Fair Plans

Life Insurance

Non-Contributory Life Insurance

In the event of your death while insured, the person you named as your beneficiary will receive an amount equal to two times your annual salary.  This coverage is available to all employees working at least 20 hours per week.  You do not have to participate in the health plan to receive Non-contributory Life Insurance Coverage. 
The Association pays the entire cost of the Non-contributory Life Insurance.  The policy has a waiver of premium provision in the event you become totally disabled.  Premiums on life insurance amounts in excess of $50,000 will be taxed according to IRS regulations.

Supplemental Life Insurance

You have the option to purchase additional life insurance in multiples of up to three times your annual salary.  This optional life insurance is in addition to the basic non-contributory life insurance described above.  This decision must be made within the first 30 days of employment.  Employees may be required to provide evidence of insurability to obtain coverage at a later date.
You are responsible for the cost of the supplemental life insurance.  Payment will be made by deductions from your paycheck.  Information concerning the cost of the supplemental life insurance can be obtained from the Association’s web site.  Coverage is provided by Aetna Insurance Company.

Accidental Death and Dismemberment

This insurance is payable if an employee dies or is seriously injured as a result of an accident.  All employees working 20 hours or more each week are covered by AD&D insurance the day they start work.  Retirees are not eligible for AD&D coverage.
Details on the benefits payable for Accidental Death and Dismemberment coverage can be found in the Aetna Insurance Company Benefit Summary.