Enjoy the security of Educators Mutual

Supplemental Term Life Insurance!

 

 

¨     What type of Term Insurance is it?
Age related and premiums are on the application.

 

¨     How are the premiums paid?
Payroll deduction.

 

·        Example: For a non-smoking 30-year-old person, the premium for $50,000 is $3.00 per month.

·        Rates are on the second page of the application.

 

¨     How much coverage can I have?
Face value has an upper limit of $500,000 or five times your salary and must be in increments of $10,000.

·        Spouse’s limit is the lesser of $200,000 or 50% of the employee’s amount.

·        Guaranteed issue for employee is $100,000 (Guaranteed issue means there is no requirement for a physical).

·        Guaranteed issue for spouse is the lesser of $50,000 or 50% of insured employee.

 

¨     How do I enroll?
Complete the enrollment application and send to Johnson Rooney Welch, Inc., 2250 Douglas Blvd. Suite 210, Roseville, CA 95661.

 

¨     When can I enroll?
Guaranteed issue must be submitted within 30 days of your hire date.

If it is not a guaranteed issue then enrollment can be any time during the year and a physical may be required.

 

 

Underwritten by Prudential Life Insurance Company of America

EM.SUPPLIFE.0800.1589

 
Johnson, Rooney, Welch (JRW)