The Eastern PA Board of Benefits has endorsed a policy being offered by Mass Mutual to help fill the gap for those searching for a Long-Term Care option. The Open Enrollment deadline has been extended to June 21, 2023.
Whole Life Insurance is an integral part of your employee benefits. Group Whole Life Insurance can give you important long-term advantages over other types of insurance.
During Open Enrollment only, you are eligible to apply for Guaranteed Issue coverage up to $100,000, and Express Issue coverage up to $250,000.
Coverage is issued by Massachusetts Mutual Life Insurance Company (MassMutual).
Highlights of the plan:
• The policies are owned by you, the insured, and fully portable. You can take it with you no matter where you go.
• The policies have a guaranteed issue up to $100,000 as well as express simplified issue up to a total of $250,000.
• Spousal and Child Policies are available.
• Guaranteed level premiums by age and level death benefit from day 1 forever. Premiums never go up. Death Benefit never goes down and can go up!
• Chronic Illness Rider allows access to up to 75% of the death benefit in a lump sum. Immediately after 2 Activities of Daily Living are gone. And it does not need to be used for Long Term Care.
• Life Insurance, Long Term Care and Cash Value. No matter the circumstance, this policy will pay you.
Your Login is your SSN. Your PIN is your 4-digit birth year.
Contact: Joseph Midili: Josephmidili@financialguide.com. Telephone: 856-373-6260
See Group Whole Life Insurance. Also read: Options for insurance in your later years.