Page 19 - Teamsters Local 237

Optional Life Insurance Offerings Financial

Local 237 has made several life insurance options available to meet your needs. Counseling
The optional life Insurance offerings listed below are available at an additional cost.

Administered by
Member Enroll for coverage up to $25,000 without having to
answer any health questions. You may also apply for higher Stacy Braun Associates
coverage amounts, by answering five health questions.
Is intended to provide you with access to
qualified professionals, Certified Financial
Spouse/Domestic Partner Enroll for $10,000 of coverage without having to answer any Planners, and Registered Investment
health questions. You may also apply for higher coverage Advisors available to provide advice on debt
amounts, up to $50,000, by answering five health questions. management, retirement planning, insurance,
investing, college planning and budgeting.

Dependent Child(ren) Enroll for $10,000 of coverage without having to answer any As member of Local 237 you are eligible
health questions. to receive up to 6 visit annually with Stacy
Braun Associates.

Phone: 888-949-1925
To learn more about your optional life For help, call: 212-924-7220
insurance options or enroll, visit MetLife at: Para hablar con un representante en espanol
https:metlife.com/teamsters-local-237/ por favor llame al 866-492-6983

Whole Life & Term Life Insurance Annuity Fund

MassMutual provides solutions to protect you and your family and enhance the financial Administered by MetLife
well-being for Local 237 members. Our members are eligible for this GUARANTEED ISSUE
opportunity. If you are looking for a smart way to help achieve multiple financial goals, consider To help you feel more secure, we provide union members with an annuity fund which is held in
MassMutual’s Group Whole Life Insurance. It can help you prepare for the unexpected by an investment account. When you retire or terminate your employment, your annuity fund will
providing a generally income-tax-free death benefit, along with coverage that builds cash value. be paid out.
Consider the advantages: • Lump sum when you retire or • Trustees invest all contributions for

• It’s conveniently available to you, right Additionally, MassMutual’s innovative Chronic terminate employment plan participants
at LocaI 237. Care Benefit allows all Group Whole Life • Your Money is held in an investment • Trustees use qualified registered
certificate owners to accelerate a portion of account investment managers and advisors
• Portable coverage and cash value their death benefit if the insured becomes
you can keep even if you terminate chronically ill. The Chronic Care Benefit can • You will receive the entire amount • Funds are invested in, Small, Mid
employment. help offset the costs associated with having contributed plus any earnings when and Large cap domestic equities,
a chronic illness without adding additional you retire. International Equities, Fixed Income
• No medical exams are required.
premium or out-of-pocket expenses. invested in Hedge Funds and Real Estate
• Applying is easy, only answer a few Call the Fund Office for more information: • Please check to see if you have a
questions to determine eligibility. beneficiary on file Call the Fund Office for more information:
212-924-7220
• Trustees are the plan Administrators 212-924-7220
of the Fund

18 Teamsters Local 237 Member Benefits Brochure 19