As you know, all non-retired members of Local 1001 now have a $10,000 Life Insurance policy and a $5,000 Accidental Death and Dismemberment policy that come automatically from being a member.
Now, between today and November 30, all non-retired members have the opportunity to purchase up to $200,000 in additional Life Insurance through Voya, with no medical questions or exams, as well as $200,000 in additional Accidental Death and Dismemberment Coverage. The price for additional Life and AD&D coverage is based solely on your age.
Just visit http://liunachicago.massmarkweb.com/ to enroll.
You can buy up to $200,000 more for a total of $210,000. Or you can buy less, it’s up to you. The process should take less than ten minutes, just have your social security number (and your spouse’s) ready along with your bank account number and routing number.
We are able to offer this because we, along with several other unions, founded the Midwest Coalition of Labor to provide quality benefits at low prices. Because we are over 100,000 union members strong, companies are willing to offer us great prices on benefits like this.
Check out www.coalitionoflabor.org to review all of the benefits you currently have as a member of Local 1001.
It’s important to stress that this additional Life Insurance comes with no medical questions, tests, or exams. If you smoke, are overweight, have multiple medical conditions, even if you are terminally ill, you still pay the same price as everyone else your age. This is an extraordinary benefit and this open enrollment will only happen once, in future years you will only be able to buy $30,000 in additional coverage each year. So please talk with your family and take advantage of this opportunity.
