Welcome to the National Treasury Employees Union:
 Chapter 47

NTEU Membership Benefits:

Summer 2005


Short-Term Disability
 Universal Life Insurance and Cancer Insurance*

Short-Term Disability Insurance – The plan replaces a portion of your income to help
 make ends meet if the insured becomes totally disabled due to a covered accident or
 sickness. (Coverage may vary by state and may not be available in all states.)

Cancer Insurance – Coverage helps offset the out-of-pocket medical and indirect,
 non-medical expenses related to cancer diagnosis and treatment. This plan also provides
 a benefit for certain specified cancer-screening tests. (Coverage may vary by state and
 may not be available in all states.)
 

Universal Life Insurance – The plan provides death benefits coverage that you can
 increase or decrease as your needs change. The policy builds cash value on a
 tax-deferred basis at current interest rates and has flexible premium payments and coverage amounts. (Coverage may vary by state and may not be available in all states.)

Coverages share important features:

  • Benefits are paid directly to the insured, unless otherwise specified.

  • Most plans pay regardless of other insurance.

  • Most plans offer coverage to spouse and children.

(*Currently only available to NTEU members employed in the Internal Revenue Service,
 the Federal Deposit Insurance Corporation and the
 Department of Customs and Border Protection.
)

For more information, contact your local NTEU chapter office to schedule a meeting with a
 Colonial or Paul Revere representative.

 

 

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