$50,000 Term Life Insurance is provided for all active members. The proceeds of this benefit will be paid after the Fund Office receives proof of your death. This insurance benefit is paid for by the Welfare Fund and provided by the first UNUM Life Insurance Company. The benefit is payable only to your beneficiary on record at the Welfare Fund Office.
Please make sure your beneficiary information is updated and current. Changes can be made at any time by contacting the Welfare Fund Office. The amount of the benefit is reduced to $32,500 at age 70 and to $25,000 at age 75. This benefit is discontinued upon the member’s retirement or termination.