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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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