For only $10 a year, your beneficiary will receive a $20,000 benefit in the event of your ON-DUTY accidental death (including travel to & from authorized activities). In the event of an OFF-DUTY accidental death, a $10,000 benefit will be paid. In addition, if you suffer a Severe Burn over 20% or more of your body, a lump sum benefit of $5,000 is paid. It is important to know that IF a department chooses the additional policy for their members there are certain age limits present. IF a department member is above the age of 70 the following applies:
Member Age 70-79 the policy payout is cut in half. The payout would be $5,000 for AD&D and $10,000 for LODD; ALSO $2500 would be the payout for severe burns.
Member age 80+ the policy will only pay $2,500 for AD&D and $5,000 for LODD; ALSO $2,000 would be the payout for severe burns.
Please be sure to be aware of these stipulations and inform your set beneficiaries. SFFMA will keep a record of payment for this policy and report it to VFIS.
For specific coverage questions, contact Barbara Marzean at VFIS of Texas at 800-252-9435.