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term life info for nteu members


Welcome to the National Treasury Employees Union:
 Chapter 47

NTEU Membership Benefits:

Summer 2006

Term Life Insurance

Because nobody knows what tomorrow may bring, 
it's a good idea to protect your income with 
term life insurance coverage.
NTEU Flexcare Group Term Life offers you this
 protection at economical group rates for members.


Here is what our plan offers:
 

Benefits:

Member coverage available from $10,000 to $200,000. 
Spouse and children are eligible, too.


Eligibility:


Must be actively employed when enrolled.


Premium:

Premiums are calculated based on member's age. 
Children may be covered at the rate
of $1.78 per child per quarter. 

 

Compare our rates
with the Federal Employees Group Life Insurance  (FEGLI program).
For members under age 50, this program is much more economical!
The Living Benefit Option (available at no additional cost) allows access
 to as much as 50% of the face amount of your life insurance benefit
 if you are medically determined to be terminally ill.

 

*See your steward for additional information.

 
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