What Are Defense Base Act Insurance Rates and Benefits?

Defense Base Act Insurance or DBA is an obligatory insurance provided to the personnel working overseas on an agreement for the department of defense. It was introduced in the year 1941. The blog mentions that the premium for this insurance varies greatly depending upon various factors like kind of job, involvement of risk, etc. DBA provides various benefits to the covered individual. These benefits include disability compensation- two third of the weekly wages, Death compensation- to the spouse or one child and Medical benefits- in case of any injury. Along with these, sometimes rehabilitation facilities are also provided. This act is of great importance to a person who is working overseas and they should check if they are covered under this act, and if not, they should contact their contractor immediately.