Life Insurance and AD&D
Basic life and AD&D
Coverage equal to 1x your annual salary (includes base + bonus/commissions), within a minimum coverage amount of $75,000 and a maximum of $250,000.
Provided automatically by Samsara, at no cost to you.
You pay taxes on the cost of coverage over $50,000 (called imputed income).
You can purchase additional amounts of individual term life insurance. If you elect coverage for yourself, you can also purchase coverage for your spouse/domestic partner and/or your child(ren).
When you first join Samsara and are initially offered benefits, you can elect up to the guaranteed amount ($300,000 for you and $25,000 for spouse) no questions asked. If you want the extra life insurance later, increase your existing coverage, or go over the guaranteed amount, you'll have to answer some simple questions about your health before being approved for coverage.
Purchase coverage in $10,000 increments, up to five times your annual earnings or $500,000, whichever is less. If you elect coverage above $300,000, you’ll need to complete an evidence of insurability (EOI) application—a brief health questionnaire—through Guardian. You can complete the EOI form here. Samsara’s Group Number is 00512133. Guardian will notify Samsara when your coverage is approved and we will update your elections.
For your spouse or domestic partner
Purchase coverage in $5,000 increments, up to 50% of your individual coverage or $250,000, whichever is less. If you elect coverage above $25,000, your spouse or domestic partner will need to complete an EOI application.
For your children
Purchase coverage of $10,000. Children are eligible up to their 26th birthday.
You can review the full plan design and benefits here.
More Valuable Resources
Save for retirement through our 401(k) plan and our 4% company match.
Compensation at Samsara
Your base pay, bonus or commissions, and equity grants.
Income protection when you’re unable to work.
Flexible Spending Accounts
Pre-tax spending account for health care and dependent care expenses.
Health Savings Account
Pre-tax savings account with the HDHP medical plan.