Financial Protection
Under Armour is committed to supporting teammates’ physical and financial well-being. In addition to benefits like medical plans to protect health, the company provides insurance to protect income.
Disability
Under Armour pays the full cost of both short-term and long-term disability, which work together to replace a portion of income if a teammate can’t work due to an illness or injury, including surgery or pregnancy. Full-time teammates are eligible on the first of the month following their hire date.
| Short-Term Disability | Coverage begins after seven days if due to sickness; or after zero days if due to accident or childbirth. For up to the first eight (8) weeks, teammates receive 100% of their salary. For up to the next eighteen (18) weeks, they receive 65% of their salary. |
| Long-Term Disability | Coverage begins after a teammate has been disabled for 180 days (26 weeks). Teammates receive 60% of their base salary, up to $6,500/month.* |
*Directors and executives may be eligible for additional long-term disability benefits
Life and Accident Insurance
Under Armour is proud to provide Basic Life and Accident Insurance — at no cost to teammates. Teammates are automatically covered the first of the month following 90 days from their hire date.
| Benefit | Coverage |
|---|---|
| Basic Life Insurance | Full-time: 2x annual base pay (up to $1,000,000) Part-time: $10,000 |
| Basic Accident | Full-time: 2x annual base pay (up to $1,000,000) Part-time: $10,000 |
Teammates also have the option to purchase additional life and accident insurance for themselves and their family. Evidence of insurability may be required.
| Coverage Level | Maximum Coverage |
|---|---|
| Teammate | $500,000 |
| Spouse/Domestic Partner | $50,000 |
| Child (age 14 to 26 years) | $10,000 per child |