Life and Accident Insurance

Life and accident insurance gives you financial protection by paying a benefit in the event that you have an accident or pass away.

Basic Life Insurance

PetSmart gives all eligible associates a basic level of life insurance equal to one times annual base salary. You pay nothing for this coverage.

Additional Life Insurance

Each year at Annual Enrollment you can increase your supplemental life insurance by one level up to a cap of $1,000,000.

Coverage level Salon Leaders Is evidence of good health required?
1x annual base salary1 $40,000 No
2x annual base salary1 $80,000 No
3x annual base salary1 $120,000 No
4x annual base salary1 $160,000 Yes, an evidence of insurability form will be sent to the home address. If approved, additional coverage will be effective on the approval date.2
5x annual base salary1 $200,000 Yes, an evidence of insurability form will be sent to the home address. If approved, additional coverage will be effective on the approval date.2

1The maximum amount of life insurance for you, including the company-paid basic level of life insurance and any additional coverage you elect and pay for, is $1 million.

2The amount of coverage in force until the evidence of insurability form is approved is 3x annual base salary, up to the plan maximum of $1 million for basic life plus any additional life insurance coverage.

Dependent Life Insurance

You can choose to purchase life insurance (at group rates) for your eligible dependents.

Coverage options Level of coverage
Spouse $5,000 or $10,000

Children only

  • 6 months to age 19; to age 26 if primarily supported by the associate
$2,500 or $5,000 for each child
  • Birth to 6 months
$100 for each child
Family $5,000 for your spouse and $2,500 for each child ($100 if birth to 6 months old) or $10,000 for your spouse and $5,000 for each child ($100 if birth to 6 months old)

Accidental Death and Dismemberment (AD&D)

AD&D coverage gives you extra insurance protection in case of certain injuries or death. AD&D coverage is optional. If you want AD&D coverage, you’ll need to choose the same amount as your total life insurance.

Life Insurance plans are available to full-time associates only.

Beneficiary Information

Upon your death, the proceeds will be divided between the designated beneficiaries as you have indicated. If your primary beneficiary dies before you, your contingent beneficiary will receive your life insurance benefits.

You should name a beneficiary for your insurance plan(s) when you are first eligible for full-time benefits and, unless legally restricted, you can also change your beneficiary at any time. Annual Enrollment is a good time to review your named beneficiary.

It is important to review your current beneficiary when you experience a life event such as marriage, divorce or the birth of a child to ensure your selection is up to date with your current situation.

After your enrollment period has closed, you can complete a Beneficiary Change Form found here and submit it to the Benefits department for processing.