Benefits at a Glance
Each eligible employee can select Whole Life Insurance with Long Term Care Rider on themselves, spouse and/or children. The policy is insured by Voya (formerly ING Reliastar)
Rates
Rates are based on age, amount and tobacco status. See a benefits counselor for details.
Benefits
Policy Amounts and Guarantee Issue
| Employee * | Guarantee Issue: 15 to 50- $75,000; 51 to 65- $25,000 Contingent Issue: 66 to 70- $25,000 |
| Spouse | Contingent Issue: 15 to 65 <$5/week or $5,000 |
| Children / Grandchildren | Contingent Issue: 15 days to 24- $12,500; $15,000, $20,000 or $25,000 |
Amounts Above Guaranteed/Contingent Issue, are available with additional underwriting.
*Minimum: Greater of $4/week premium or $5,000
Contingent Issue – coverage is issued subject to the following questions:
- Has the proposed insured ever been diagnosed and/or treated for positive HIV or AIDS?
- Has the proposed insured sought or received care or treatment at a hospital, nursing home or has confinement been recommended (excluding pregnancy), within the last 90 days?
Web Easy Quote Engine Choose Premier WL, Update Birthday, Issue Date and State.
For Employee/Spouse choose LTC option 4.
Plan is insured by:
Plan Design
Whole Life insurance is permanent coverage with death benefits and level premiums guaranteed for the life of the contract. Premiums do not increase with age. Employee is the owner of the policy and the coverage can be continued after retirement or termination of employment, with the same benefits and costs.