Financial support after loss
Life benefit products may help provide financial support for families after the death of a loved one.
Protecting your family
This coverage provides a fixed premium and level death benefit for life. Your policy will also provide cash value accumulation within the policy as long as premiums are paid by the due date. Coverage starts as low as $10,000 of death benefit and is also available for your spouse and children under the age of 26. No health questions or medical exams will be required within the limits of true guarantee issue underwriting. Thus, the only requirement to obtain this permanent life insurance is that you are actively at work and your spouse is not disabled. Benefits are paid as a lump sum and are received income tax free to you.
As an associate you get affordable rates when you buy this life insurance policy. The premiums do not increase with age and are conveniently deducted from your paycheck. You own the policy so you can keep it even if you leave or retire. Unum will bill you directly for the same premium amount. Coverage becomes effective on the first day of the month in which payroll deductions begin.
Knowing how much life insurance you need is a critical part of protecting your family.
If you currently own a Unum whole life policy and need service please call 800-635-5597. If you need to file a claim please call 800-633-7479. Be sure you identify yourself as a Meritus Health employee.
