(b) If insurance apart from workers compensation is provided, the schedule of benefits will be as follows:
- (1) At least fifty thousand dollars ($50,000) for accidental death, and this sum shall be reasonably and equitably prorated for dismemberment; and
- (2) Blanket medical coverage for all hospital and medical expenses up to twenty-five thousand dollars ($25,000) and this hospital and medical expense protection shall be excess insurance coverage or indemnity over and above any other collectable insurance.