Special Death Benefit for Employees and Dependents
Discover provides a special death benefit payment in the event of the death of an employee or a benefits-eligible dependent of an employee. For the death of an employee, the special benefit is the greater of one month in gross salary or $2,500. For the death of a dependent, the special benefit payment is $5,000 (grossed up for taxes). This payment is separate from any life insurance benefit provided by Discover. This benefit is available only to active Discover employees. You’ll find more information on myHR.