LIFE INSURANCE
What are the Life Insurance Benefits?
All Active Members and Non-Members to age 65 will be covered for $100,000 of Life Insurance. Members between the ages of 60 and 65, who are not active but are covered for benefits, will be covered for $50,000 of Life Insurance. Upon attaining age 65, all Member’s Life Insurance reduces to $10,000 and upon attaining age 70, the Life Insurance reduces to $5,000.
How to File a Claim?
The Administrator should be advised when a death occurs. The Administrator will then send the beneficiary the proper claim forms for completion. A death certificate will be required.
For full details on this benefit, please refer to the Life Insurance section of the HEALTH BENEFIT PLAN BOOKLET