Life Insurance

Life Insurance  

Overview

For many employees, the workplace is the only place where they can secure life insurance. This benefit lets your employees know that if something unexpected happens, their families will be able to take care of final expenses without sacrificing retirement savings or going further into debt.

 

As a member of the International Sign Association (ISA), you can give your valuable employees a clear signal that they are cared for, on and off the job.

 

Your employees get the advantage of working with a business that offers them and their families a prized benefit: basic life insurance at no cost to them.

Tell me more

You can take advantage of plans based on the number of your employees. Every plan includes:

 

  • $25,000 death benefit
  • Guaranteed acceptance — employees cannot be turned down for health reasons
  • Accelerated benefit if diagnosed as terminally ill
  • Additional Accidental Death & Dismemberment coverage for loss of life or covered accidental injury, on or off the job
  • Waiver of premium if the employee becomes disabled as per the laws of your state
  • Travel assistance
  • Available counseling for grief support, financial and legal services, and more
  • Ability to convert coverage to an individual plan if they leave your employment

 

All services may not be available in all states and to all employers. Exclusions apply to AD&D benefits.

 

How It Works

 

FAQs

Answers about the program, including eligibility, options, customer service and more.

  • What Is Covered?

    Each employee is covered for a $25,000.00 death benefit. An included Accidental Death & Dismemberment portion provides the employee with additional insurance coverage for the loss of life or injuries sustained in an accident on or off the job.

  • How Many Employees Does My Business Need to Qualify for This Plan?

    Plans are designed for member businesses consisting of 2-5, 6-19, 20-50 and 51-199 eligible employees. All plans feature a $25,000.00 death benefit.

  • Who Underwrites this Coverage?

    UnitedHealthcare Life products are provided by UnitedHealthcare Insurance Company; Unimerica Insurance Company; in California by Unimerica Life Insurance Company; and in New York by Unimerica Life Insurance Company of New York. Texas coverage is provided on Form LASD-POL -TX (05/03), Form UHCLD-POL 2/2008-TX, or Form UICLD-POL -TX 4/5. UnitedHealthcare Insurance Company is located in Hartford, CT; Unimerica Insurance Company and Unimerica Life Insurance Company in Milwaukee, WI; and Unimerica Life Insurance Company of New York in New York, NY.

  • Does the Employee Need to Answer Health Questions?

    No. The coverage is guaranteed-issue, so every employee can be enrolled regardless of health condition.

  • Does Employee Coverage End With End of Employment?

    Not necessarily. The employee can convert to an individual policy. Medical underwriting may be necessary.

  • Does the Death Benefit Remain the Same?

    As with all basic term life policies, the death benefit reduces as the employee enters a new age group. At age 65, the benefit reduces to 65% of the original benefit amount; at age 70, the benefit reduces to 50% of the original benefit amount.

NAM Health Care is fully ACA-compliant, administered by Mercer and sponsored by the National Association of Manufacturers (NAM), of which the International Sign Association (ISA) is an affiliate member. Medical, Dental, Vision and Life insurance are underwritten by UnitedHealthcare®. Plans are not available to member employers in all states. All licensed and appointed agents with UnitedHealthcare have the ability to sell the NAM Health Care offering through an open-distribution model.

Situs in Michigan.

Mercer's Role & Compensation
Details of Mercer disclosure of compensation.

 

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