PayPal Employee Benefit: Life Insurance | Glassdoor

PayPal Life Insurance

Updated Feb 07, 2017

76 employees reported this benefit


Employer Summary

We are committed to providing our employees with financial security should an unexpected circumstance prevent you from working. In the unfortunate event you pass away while employed by PayPal Holdings Inc., your beneficiaries (nominated at the time of joining) will be eligible for a one-time lump sum payment.

You are automatically covered from your start date date and premiums cost are met by PayPal.

Coverage choices include basic life, optional life, spouse optional life, and child optional life.

Employer Verified
Available to US-based employees (Change location)

Employee Comments

Showing 1–10 of 18
  • Nov 24, 2018
    StarStarStarStarStar Current Chargeback Agent in Omaha, Nebraska

    Standard for the industry, twice your base yearly salary.

  • Oct 02, 2018
    StarStarStarStarStar Former Member of Technical Staff in San Jose, California

    you can select life insurance optionally

  • Jun 23, 2018
    StarStarStarStarStar Current SEO Manager in San Jose, California

    The very good life insurance

  • Mar 12, 2018
    StarStarStarStarStar Current Employee in San Jose, California

    You have to fill out extra forms if you want above a certain % of your salary.

  • Aug 30, 2017
    StarStarStarStarStar Former AML Analyst in Chandler, Arizona

    Comparable to other companies.

  • Apr 11, 2017
    StarStarStarStarStar Former Employee in San Jose, California

    Great 2x salary free coverage

  • Dec 10, 2016
    StarStarStarStarStar Current Worker in San Jose, California

    lots of choices to make you are covered

  • Aug 22, 2016
    StarStarStarStarStar Current MTS1 Software Engineer in San Jose, California

    Not Sure. i guess its competitive/

  • Aug 12, 2016
    StarStarStarStarStar Current Member of Technical Staff Software Engineer in San Jose, California

    Good , cheap . Never gave much attention to it.

  • Apr 04, 2016
    StarStarStarStarStar Current Employee in San Jose, California

    the basic 2.5X the salary coverage.

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