Retiree Term Life Insurance
As a retiree, BB&T provides you with optional Term Life Insurance coverage. See the BB&T Retirement Guide to learn more.
Retiree Term Life Insurance Program
As a retiree, you have the option to continue either one or two times your ending benefits base salary for Term Life Insurance. For example, if your benefits base salary at the time of your retirement is $30,000, you could elect coverage amounts of $30,000 or $60,000. Premiums are based on your age, benefits base salary and the level of coverage you choose. For a detailed description of the program, see the Retiree Life Insurance Plan Description on the Summary Plan Descriptions page.