Life Insurance
Life insurance provides financial protection for you and your family. Coverage is 4 X your base annual salary at the time of death, up to a maximum of £5 million and will be paid out to your beneficiaries as nominated or in line with the rules and terms & conditions of the policy.
Eligibility
Employees of Databricks United Kingdom aged 16 to State Pension Age are eligible from their date of hire, provided they are actively at work.
Enrollment
Eligible employees are automatically enrolled in the plan on the date of hire, provided they are actively at work. Being active at work means you:
- have not received medical advice to refrain from work and are actively following your normal occupation.
- are working your normal number of hours required by your contract of employment, either at your normal business address or at a location which you are required to travel for business.
If an employee is not actively at work, cover will commence from the day of returning to full-time active employment. All employees must nominate their beneficiaries for the Life Insurance by completing this Expression of Wish Form and returning it to peopleops@databricks.com.
Contributions
Databricks funds the full premium for employees.
Important!
Make sure your Life Insurance beneficiary details are up to date. Nominate or change your beneficiaries by completing this Expression of Wish Form.
