Taylor was not married but he did have a girlfriend and a one-year-old child. His child will receive “a widow/children’s death benefit that pays $9,000 per month for the first 48 months, then $3,600 per month until the child is 19 years old (or 23 years old if in college).” I’m impressed with that child benefit, it should help tremendously to raise his child.
In addition Taylor’s family will receive the following benefits:
“Dependent medical insurance through the first game of 2008 through the ‘active player policy.’ and then five further years of coverage under the ‘continuing veteran policy’; $100,000 in a health reimbursement account for dependent health care after the expiration of the ‘continued veteran’ coverage; $103,560 in a 401(k) plan.”
In the wake of this terrible event, it is good to see that Taylor had taken the steps which lead to continued care for his family and loved ones with these insurance benefits. Much has been written about this young man's rough edges early in his career, but he obviously had matured a lot since that time.
Jerry
www.leads4insurance.com
Posted by: Jerry | December 5, 2007 6:06 PM | Permalink to Comment