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PRIVILEGE BENEFITS -
SERVICES

LIFE INSURANCE
Even if you have life insurance, it
may not be enough to fully protect your family. Many experts
recommend having coverage equal to at least five times your annual
income. That's why Teamster Privilege offers supplemental term
insurance at special union-member group rates.
Teamster Privilege benefits
include:
- Guaranteed coverage with no
occupational exclusions; a plan for members with health
problems
- Basic Life offers coverage
from $25,000 to $250,000 for members ages 18-64. Renewable to
age 70. Optional coverage for spouse and children
- Team-To-100 offers $5,000 or
$10,000 for members or retirees ages 50-80. Automatic payment
up to the full $5,000 or $10,000 amount at age 100.
- Living payout option for Basic
Life plan lets members diagnosed with a terminal illness to
receive 100% of their benefit before they die.
- Organ transplant benefit -
members who need a heart, lung or liver transplant can collect
up to 50% of their benefit to pay for medical costs.
- Waiver of premium for three
months during lockouts or union-sanctioned strikes that last
over 30 days
Optional Purchased Coverage
- $15,000 to $200,000 of
optional 24-hour all-cause insurance, at affordable group rate
- Guaranteed coverage for all
members ages 18 to 69
- Strike waiver of premium for
up to one full year while your coverage remains in force
- Additional benefits paid -
$50,000 for death at a union workplace; $100,000 for a common
carrier fatality; or $25,000 for a death as a result of a
motor vehicle accident
Who's eligible?
- Members and spouses ages 18 to
64 may apply for Basic Life
- Members and retirees ages 50
to 80 may apply for Team-To-100 Life Insurance
- The program is not available
to members living in Canada.
To Join, call 9am-8pm, EST,
Mon-Fri 1-800-899-2782
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TEAMSTER
PRIVILEGE
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