Many AFT Members have some life insurance, but is it enough? Protect your family with the right amount of coverage with AFT+ Benefits Term Life Insurance.
Overview
Review Your Financial Safety Net
We know your family means everything. AFT+ Member Benefits is ready to help you protect them with Term Life Insurance. Planning ahead to ensure you have enough life insurance is crucial to the comfort and care of your family in the event of your untimely death. Losing a loved one is hard enough. Don’t add unnecessary stress by leaving behind financial obligations.
Benefits
AFT members can apply for coverage for themselves, spouse/domestic partner, and dependent children at any time. Acceptance into the program is based on your answers to a few health questions.1
Key Features and Benefits
- Coverage amounts up to $500,000.00 in increments of $25,000
- No reduction in coverage due to age. Coverage ends at age 70.
- Optional Accidental Death and Dismemberment Coverage (AD&D) provides benefits for covered accidental loss of life or serious accidents.
- Accelerated Benefits Option: If you are diagnosed with a terminal illness (life expectancy of 12 months or less), you may receive up to 80% of the insurance proceeds, subject to a maximum of $500,000.2
- Complimentary face-to-face Will Preparation and Estate Resolution Services included if you enroll for coverage amounts of $25,000 or more.3
- Coverage available for spouses/domestic partners is equal to 50% of member coverage, up to a max of $250,000.4
- Dependent children are eligible for coverage from age 15 days to under 19 years, unmarried and supported by member, or under 25 years, if a full-time student, not employed on a full-time basis, unmarried and supported by member. Available in amounts of $2,500, $5,000 or $10,000. One premium covers all eligible children.
- All applications for coverage are subject to review and approval by MetLife based upon its underwriting rules.
- The Accelerated Benefits Option is subject to state regulation and is intended to qualify for favorable federal income tax treatment, in which case the benefits will not be subject to federal income taxation. This information was written as a supplement to the marketing of life insurance products. Tax laws relating to accelerated benefits are complex and limitations may apply. You are advised to consult with and rely on an independent tax advisor about your own particular circumstances. Receipt of accelerated benefits may affect your eligibility, or that of your spouse or your family, for public assistance programs such as medical assistance (Medicaid), Temporary Assistance to Needy Families (TANF), Supplementary Social Security Income (SSI) and drug assistance programs. You are advised to consult with social service agencies concerning the effect that receipt of accelerated benefits will have on public assistance eligibility for you, your spouse or your family.
- Will Preparation and MetLife Estate Resolution Services are offered by MetLife Legal Plans, Inc., Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and affiliates, Warwick, Rhode Island. For New York sitused cases, the Will Preparation service is an expanded offering that includes office consultations and telephone advice for certain other legal matters beyond Will Preparation. Tax Planning and preparation of Living Trusts are not covered by the Will Preparation Service. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters.
- AFT member must be enrolled in the Term Life program.
Like most insurance policies, insurance policies offered by MetLife and its affiliates contain certain exclusions, exceptions, waiting periods, reductions, limitations, and terms for keeping them in force. Please contact MetLife or your plan administrator for complete details.
Metropolitan Life Insurance Company | 200 Park Avenue | New York, New York 10166
L0123028263[exp1224][All States][DC,GU] © 2023 MSS
30-Day Free Look
Many AFT Members have some life insurance, but is it enough? Protect your family with the right amount of coverage with AFT+ Benefits Term Life Insurance.
30-Day Free Policy Review:
Upon approval of your benefit request, you will receive your Certificate of Insurance detailing the terms and conditions of your policy. If you review your policy within 30 days, and prior to submitting a claim, and decide the policy doesn’t meet your expectations, you can mail back the Certificate to cancel your insurance.
ACT IMMEDIATELY FOR PROMPT COVERAGE
With AFT+'s Term Life Insurance, you can apply for up to $500,000.00 in coverage!
Terms
- All applications for coverage are subject to review and approval by MetLife based upon its underwriting rules.
- The Accelerated Benefits Option is subject to state regulation and is intended to qualify for favorable federal income tax treatment, in which case the benefits will not be subject to federal income taxation. This information was written as a supplement to the marketing of life insurance products. Tax laws relating to accelerated benefits are complex and limitations may apply. You are advised to consult with and rely on an independent tax advisor about your own particular circumstances. Receipt of accelerated benefits may affect your eligibility, or that of your spouse or your family, for public assistance programs such as medical assistance (Medicaid), Temporary Assistance to Needy Families (TANF), Supplementary Social Security Income (SSI) and drug assistance programs. You are advised to consult with social service agencies concerning the effect that receipt of accelerated benefits will have on public assistance eligibility for you, your spouse or your family.
- Will Preparation and MetLife Estate Resolution Services are offered by MetLife Legal Plans, Inc., Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and affiliates, Warwick, Rhode Island. For New York sitused cases, the Will Preparation service is an expanded offering that includes office consultations and telephone advice for certain other legal matters beyond Will Preparation. Tax Planning and preparation of Living Trusts are not covered by the Will Preparation Service. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters.
- AFT member must be enrolled in the Term Life program.
Like most insurance policies, insurance policies offered by MetLife and its affiliates contain certain exclusions, exceptions, waiting periods, reductions, limitations, and terms for keeping them in force. Please contact MetLife or your plan administrator for complete details.
Metropolitan Life Insurance Company | 200 Park Avenue | New York, New York 10166
L0123028263[exp1224][All States][DC,GU] © 2023 MSS
Offering affordable rates to AFT members is one of our priorities.
AFT+ Member Benefits Term Life Insurance is affordable protection. See our rate calculator below, and call us today to get covered.
How to Calculate Your PREMIUM:
(Cost from your age bracket) x (# of Units) = Monthly Premium
Example: Age 32, Non-Smoker
Amount of coverage desired: $50,000
$0.10 x 50 (units) = $5.00 per month
How to Calculate Your PAYMENT OPTIONS:
Example: Quarterly payments: (monthly premium) x 3 = Quarterly payment
$5.00 x 3 = $15.00
Semi-annual payments: (monthly premium) x 6 = Semi-annual payment $5.00 x 6 = $30.00
Annual payments: (monthly premium) x 12 = Annual payment $5.00 x 12 = $60.00
Call (866)978-2970 for more information.
Policy form GPNP08-TRUST
- All applications for coverage are subject to review and approval by MetLife based upon its underwriting rules.
- The Accelerated Benefits Option is subject to state regulation and is intended to qualify for favorable federal income tax treatment, in which case the benefits will not be subject to federal income taxation. This information was written as a supplement to the marketing of life insurance products. Tax laws relating to accelerated benefits are complex and limitations may apply. You are advised to consult with and rely on an independent tax advisor about your own particular circumstances. Receipt of accelerated benefits may affect your eligibility, or that of your spouse or your family, for public assistance programs such as medical assistance (Medicaid), Temporary Assistance to Needy Families (TANF), Supplementary Social Security Income (SSI) and drug assistance programs. You are advised to consult with social service agencies concerning the effect that receipt of accelerated benefits will have on public assistance eligibility for you, your spouse or your family.
- Will Preparation and MetLife Estate Resolution Services are offered by MetLife Legal Plans, Inc., Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan Property and Casualty Insurance Company and affiliates, Warwick, Rhode Island. For New York sitused cases, the Will Preparation service is an expanded offering that includes office consultations and telephone advice for certain other legal matters beyond Will Preparation. Tax Planning and preparation of Living Trusts are not covered by the Will Preparation Service. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters.
- AFT member must be enrolled in the Term Life program.
Like most insurance policies, insurance policies offered by MetLife and its affiliates contain certain exclusions, exceptions, waiting periods, reductions, limitations, and terms for keeping them in force. Please contact MetLife or your plan administrator for complete details.
Metropolitan Life Insurance Company | 200 Park Avenue | New York, New York 10166
L0123028263[exp1224][All States][DC,GU] © 2023 MSS