"Senior Term Life." NYSUT: A Union of Professionals. www.nysut.org

What It Is

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site. The information below is provided for the convenience of existing participants.

NYSUT Member Benefits Trust-endorsed Senior Term Life Insurance is an economical way to provide extra protection for your family. It offers coverage up to $30,000 at premiums negotiated especially for NYSUT members. The amount of coverage you are eligible to purchase depends upon your age at issue.

NYSUT Member Benefits Trust-endorsed Senior Term Life Insurance is underwritten by The United States Life Insurance Company in the City of New York and is administered by Marsh Affinity Group Services.

The United States Life’s Senior Term Life Plan is a NYSUT Member Benefits Trust (Member Benefits)-endorsed program. Member Benefits has an expense reimbursement/endorsement arrangement of 5% of total premiums for this program. All such payments to Member Benefits are used solely to defray the costs of administering its various programs and, where appropriate, to enhance them. The insurer pools the premiums of Member Benefits participants who are insured for the purposes of determining premium rates and accounting. Coverage outside of this plan may have rates and terms that are not the same as those obtainable through Member Benefits. The Insurer or Member Benefits may hold premium reserves that may be used to offset rate increases and/or fund such other expenses related to the plan as determined appropriate by Member Benefits. Member Benefits acts as your advocate; please contact Member Benefits at (800) 626-8101 if you experience a problem with any endorsed program.

Agency fee payers to NYSUT are eligible to participate in NYSUT Member Benefits Trust-endorsed programs.

Eligibility

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site.

Features

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site. The information below is provided for the convenience of existing participants.

The plan was available on a simplified application basis. As long as eligibility requirements were met, you applied by answering 2 health questions. You are usually not required to take a physical exam in order to receive coverage.

You could apply for coverage under Plan A or Plan B. See the chart below. Premiums change when you enter a new age category.

Applicant’s Age	Plan A Benefit Amount	Plan B Benefit Amount
65-69	$15,000	$30,000
70-74	$10,000	$20,000
75-79	$5,000	$10,000
80-84	$2,500	$5,000

Coverage is renewable to age 85.

A Survivor Financial Counseling Service is offered at no cost to the surviving spouse or domestic partner of a term life participant, or to the term life participant who is diagnosed as terminally ill with a life expectancy of 12 months or less. This service offers objective, professional, confidential financial advice from Ernst & Young LLP financial planners. These planners neither sell nor have marketing arrangements to recommend financial products or services. It is designed solely to provide personal financial guidance at a time when it is needed most.

As long as you and/or your spouse are under age 85, premiums are paid when due and all membership requirements are met, your coverage will never be canceled unless it’s your decision.

If you are not 100% satisfied with your coverage, you can opt out of the plan by returning your Certificate of Insurance within 30 days to the Plan Administrator. Any premiums paid during that 30 days will be refunded in full—no questions asked.

Payment Options

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site. The information below is provided for the convenience of existing participants.

Options include payroll or pension deduction (where available) and direct bill on a semi-annual basis. Your spouse or domestic partner may have his or her premiums deducted from your paycheck or monthly pension benefit.

How To Apply

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site.

Contact

NOTE: The Senior Term Life Insurance Plan is grandfathered for existing participants only. The Term Life Insurance Plan has expanded its age eligibility through age 84. Please refer to the Term Life Insurance Plan information on this site. The information below is provided for the convenience of existing participants.

For specific information on the plan, complete rate charts, or to speak with a representative, call the Plan Administrator toll-free at (888) 38-NYSUT (888-386-9788), weekdays from 9:15 a.m. to 6 p.m. Eastern Time.

To reach Member Benefits, call toll-free at (800) 626-8101, weekdays from 9 a.m. to 5 p.m. Eastern Time, or e-mail us at Member Benefits.

For more information, please visit Marsh Affinity Group Services.

NYSUT Member Benefits Trust-endorsed Senior Term Life Insurance is underwritten by The United States Life Insurance Company in the City of New York and is administered by Marsh Affinity Group Services.