Motorbike insurance. SEIU Group Term Life Insurance Program, SEIU Member Benefits

SEIU Group Term Life Insurance is available only to SEIU members and their families. Some of the exclusive benefits of the program include: Group term life insurance.

Affordable, group-discounted rates. Members, spouses, domestic partners

and dependent children are all eligible for exclusive rates.

Flexible coverage levels from $25,000 to $300,000. There’s no long-term commitment. You decide how long you want coverage—and you can always increase or decrease it.

Full benefits until age 65. Once you’re approved, your coverage remains in place—even if your health changes. You can’t be dropped for health reasons. Premiums increase every five years.

75% of your benefit can be paid while you’re alive.

Term life insurance rates by age

If you become terminally ill, accelerated benefits can help your family with expenses.

No premiums if you are out on strike for up to 90 days. The SEIU Life Insurance Program will waive your Life Insurance premium after the 31st day you are on strike until the date the strike ends or the date 90 days from the start of the strike, whichever occurs first.

How much life insurance does your family need?

Experts suggest 5 to 10 times your annual salary in coverage.

So even if your employer provides coverage, it may not be adequate.

Which is better term or life insurance

We serve members with only one goal: to save you money on coverage. SEIU Group Term Life Insurance is issued by The Prudential Insurance Company of America (Prudential), one of the most trusted names in insurance.

These downloadable charts will show you the monthly cost for each coverage amount:

1. Includes domestic partner or registered domestic partner. Spouse cannot enroll for coverage unless member also enrolls.

2. Subject to underwriting approval. Coverage cannot exceed $300,000.

3. Accelerated Death Benefit option is a feature that is made available to group life insurance participants. It is not a health, nursing home or long-term care insurance benefit and is not designed to eliminate the need for those types of insurance coverage. The death benefit is reduced by the amount of the accelerated death benefit paid. There is no administrative fee to accelerate benefits. Receipt of accelerated death benefits may affect eligibility for public assistance and may be taxable. The federal income tax treatment of payments made under this rider depends upon whether the insured is the recipient of the benefits and is considered terminally ill. You may wish to seek professional tax advice before exercising this option.

Critical illness insurance

4. “How Much Life Insurance Do You Really Need?” 5 Oct. 2014. http://www.cnbc.com/2014/10/03/how-much-life-insurance-do-you-need.html

This site may contain marketing language, on products issued by The Prudential Insurance Company of America, that have not yet been approved in all states.

The SEIU Group Term Life Insurance Plan is issued by The Prudential Insurance Company of America, Newark, NJ. The Booklet-Certificate contains all details including any policy exclusions, limitations and restrictions which may apply. Contract Series: 83500. CA COA# 1179. NAIC# 68241.