Administered through UMR

Because there is nothing more important than your health, we offer three medical plans through UMR. You have your choice of the following plans: 

• Base Plan
• High Plan
• Platinum Plan

Click here to View Medical Plan Details

Click here to View Medical Plan Rates

Visit www.umr.com to get your ID Card

Administered by MetLife

Click here to View Dental Plan Details

Rates:

Visit eBenefits.metlife.com to get your ID Card

Administered through MetLife

Click here to View Vision Plan Details

Rates:

You do not need an ID card to get services through your vision plan. You Social Security number is used as the employee ID number. Dependents covered on the plan will also be identified by the your Social Security number.

Administered by MetLife

This Coverage is provided to you regardless whether you are enrolled in benefits or not and is provided at no cost to you.

Basic Life and AD&D Insurance

Palacios Marine & Industrial provides Basic Term Life and Accidental Death & Dismemberment (AD&D) for all full-time employees working 30 or more hours per week. Full-time employees receive $25,000, starting in 2025, of Basic Life and AD&D Benefits.

Voluntary Life Insurance

With MetLife’s Voluntary Life Insurance, Palacios Marine & Industrial gives you the opportunity to buy valuable life insurance coverage for yourself  up to 5X earnings to a max of $500,000, your spouse up to $100,000, and your dependent children up to $10,000 — all at affordable group rates.

Administered by Transamerica

• Short-term disability insurance can effectively help you protect your finances in the event of an accident, illness, or maternity leave by paying a percentage of your salary if you become temporarily disabled and are unable to work. 
• Benefit Amount: 60% of your covered earnings with a minimum of $300 and a maximum of $3500

View Benefit Flyer

View Claims Information

Death Claim Form

How to File a Claim

Administered by Transamerica

• Pays you a cash benefit when you or a family member have a covered accident.
• Benefits may be used however you want, and it pays in addition to any other coverage you already have.

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Wellness Benefit Claim Information

Death Claim Form

View Benefit Flyer

How to File a Claim

Administered by Transamerica

• Pays you a lump sum benefit when you or a covered family member are diagnosed with a covered condition (i.e: heart attack, stroke, cancer, etc.)
• Choose the coverage that fits your needs and budget.
• $50 wellness-screening benefit available once a year per covered person.

View Claims Information

Wellness Benefit Claim Information

Death Claim Form

View Benefit Flyer

How to File a Claim

Administered by Transamerica

• Pays you a lump sum benefit  to help cover out-of-pocket costs such as copayments, deductibles, and non-medical expenses related to hospitalization.

View Claims Information

Wellness Benefit Claim Information

Death Claim Form

View Benefit Flyer

How to File a Claim

Administered by Transamerica

• Coverage: Insurance up to $200,000, not to exceed 5 times your annual salary.
• Guaranteed Issue: Employee: Up to $200,000, Spouse: Up to $35,000, Child: Up to $20,000
• Simplified Issue: 5x your salary to $100,000 (available if applying after initial eligibility)
• Cash Value: You have the ability to build cash value with a guaranteed tax-deferred interest rate of 3%
• Accelerated Death Benefit: An advance of up to 75% of the death benefit is paid when the employee is diagnosed as terminally ill.
• Portability: This benefit is portable. You can take it with you anywhere you go!

View Benefit Flyer

How to File a Claim