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Your NASE Premier Membership provides you and your family with Member and Dependent Group Term Life Insurance Coverage from MetLife for no additional cost. No additional contribution is required from the member in order for this insurance protection to be provided.
Effective January 1, 2008, Members Basic/Dependent Term Life Insurance Coverage:
Members and Dependent Term Life Insurance Coverage
| For You |
$12,000 |
| For Your Spouse |
$2,500 |
| For Your Dependent Children* |
$500 |
*Child (ren) Eligibility: Dependent children ages 14 days to 19 years old, or 23 years old if a child is a full-time student, are eligible for coverage.
Sixty-day waiting period from date of joining the NASE required. At age 60 benefits reduce 75% and then cancel at age 65. In certain circumstances a conversion privilege to an individual policy may apply (subject to changes from group coverage in terms and conditions including changes in premium costs).
Members may designate a beneficiary for their life insurance benefits by filling out and returning a Beneficiary Designation Form. For spouses and dependent children the member is always the beneficiary.
Explore the coverage that makes it easy to give yourself and your loved ones more security today...and in the future.
Like most group life insurance policies, MetLife group policies contain certain exclusions, limitations, terms and conditions for keeping them in force. Please contact your NASE representative for complete details. For a copy of the policy, please contact NASE Member Services.
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