Life insurance plans: Method of benefit payment

Table 18. Life insurance plans: Method of benefit payment, civilian workers,1 National
Compensation Survey, March 2013

(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

56

2

39

3

1

Worker characteristics

         

Management, professional, and related

63

2

31

2

1

    Management, business, and financial

70

2

25

2

1

    Professional and related

60

2

34

2

1

        Teachers

38

1

54

5

2

            Primary, secondary, and special education
             school teachers

32

1

60

5

2

        Registered nurses

74

2

23

Service

46

1

49

3

1

    Protective service

38

3

54

4

1

Sales and office

61

2

34

2

[2]

    Sales and related

58

35

3

    Office and administrative support

61

2

34

2

[2]

Natural resources, construction, and maintenance

38

1

56

4

1

    Construction, extraction, farming, fishing, and
     forestry

21

72

4

    Installation, maintenance, and repair

50

1

45

4

[2]

Production, transportation, and material moving

46

1

47

6

[2]

    Production

45

1

47

7

[2]

    Transportation and material moving

47

47

4

Full time

56

2

39

3

1

Part time

55

2

38

4

1

Union

37

1

52

9

1

Nonunion

61

2

35

1

1

Average wage within the following categories:3

         

    Lowest 25 percent

47

51

2

        Lowest 10 percent

32

65

2

    Second 25 percent

52

1

42

3

1

    Third 25 percent

54

2

40

3

1

    Highest 25 percent

62

3

31

3

[2]

        Highest 10 percent

65

3

29

2

[2]

Establishment characteristics

         

Goods-producing industries

45

2

47

5

[2]

Service-providing industries

58

2

37

3

1

    Education and health services

53

1

42

3

1

        Educational services

42

1

51

4

2

            Elementary and secondary schools

32

1

60

4

2

            Junior colleges, colleges, and universities

60

2

33

4

1

        Healthcare and social assistance

63

34

1

            Hospitals

79

2

18

1

[2]

    Public administration

36

3

53

7

2

1 to 99 workers

46

1

50

2

1

    1 to 49 workers

45

1

51

2

1

    50 to 99 workers

48

1

49

2

[2]

100 workers or more

60

2

33

4

1

    100 to 499 workers

59

2

36

3

[2]

    500 workers or more

61

3

31

4

1

Geographic areas

         

New England

64

32

3

Middle Atlantic

59

33

5

East North Central

50

44

4

West North Central

58

1

37

4

[2]

South Atlantic

61

2

33

2

2

East South Central

57

39

2

West South Central

52

44

2

Mountain

55

43

Pacific

51

3

43

3

[2]

1Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except
the federal government. See Technical Note for further explanation.

2Less than 0.5.

3Surveyed 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
data from the National Compensation Survey publication, "Employer Costs for Employee Compensation - March 2013."


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/glossary20122013.htm.