Unicare Life Insurance Options
Association Member Trust also offers group term life insurance plans to participating employees through the UniCare Life and Health Insurance Company.
The Group Life/Accidental Death & Dismemberment program is underwritten by the UniCare Life & Health Insurance Company.
Please call Association Member Trust at (973) 379-1090 for further plan information or to request a quote.
Group Term Life/Accidental Death & Dismemberment
Term Life/Accidental Death & Dismemberment insurance protection is an ideal benefit for you and your employees. Life Insurance helps protect your family's financial future. It's economical, convenient and EASY TO APPLY FOR!!!
The full amount of this insurance is payable to your named beneficiary in the event of your death anywhere in the world, from any cause, regardless of any other insurance you may have at the time.
ACCIDENTAL DEATH & DISMEMBERMENT
The full amount of this insurance is payable to your beneficiary in addition to the Life Insurance if the death is caused by accidental means. In addition, cash benefits are payable in the event of accidental loss of limb or eyesight.
- A flat amount for all full time employees $15,000, $20,000 or $50,000
- One (1) times each full time employee's salary rounded to the next higher $1,000 to a maximum of $50,000
Firm with ten lives or more
- One and a half times each full time employee's salary rounded to the next higher $1,000 to a maximum of $75,000
- Two times each employee's salary rounded to the next higher $1,000 to a maximum of $100,000
Note: All amounts are subject to reduction starting at age 65
Age 65 reduces 35%; age 70 reduces 50%; age 75 flat $2,000; retiree's flat $1,000. Coverage amounts of $50,000 or more are subject to underwriting approval.
This information is intended to provide a brief description of the benefits and limitations of the plan. For complete information, please refer to the plan document. In the event of a conflict between the information contained on this benefit description and the plan document, the plan document will prevail.