Securing Your Loved Ones’ Future
Life Insurance isn’t just about planning for the unforeseen; it’s about ensuring the well-being of those you care about most. Here’s why Life Insurance is an irreplaceable part of your family’s financial security:
Financial Security for Loved Ones
VIP+ Life Insurance provides your beneficiaries with a sum of money that can help cover living expenses, debts, and education costs, ensuring their financial well-being if you pass.
Peace of Mind
Knowing that your loved ones will be financially taken care of in your absence can provide you with immense peace of mind.
Estate Planning
Life Insurance can be a cornerstone of your estate planning, helping to cover estate taxes and providing a financial legacy to your heirs or chosen charities.
Affordable Options
Through the Teamsters VIP+ Plan, there are a variety of Life Insurance options available to fit every budget and need.
Spouse and Dependent Coverage
The VIP+ Plan also allows you to elect Life Insurance on your Spouse and/or Dependent Children to further protect your family’s financial future.
The right time to buy Life Insurance is now. Secure the financial future of your loved ones with a policy that meets your goals and needs.
IMPORTANT INFORMATION ABOUT THIS PLAN
IMPORTANT: The monthly cost for coverage is based on your age at the start of the coverage and will rise on the policy anniversary date after you move into a new age bracket. This benefits guide is tailored for Members aged 18-79. If you depart from the IBT, opt out of paying dues, or retire, you must notify the Teamsters VIP+ administrative office at (224) 770-5304. Not doing so within 90 days could delay or negate your eligibility for a refund.
Participation in this program is voluntary, and the decision to enroll rests solely with the Members. Members are responsible for bearing all associated costs. A $1 technology fee is included in all listed monthly costs for the following coverages: Short-Term Disability, Long-Term Disability, Member Life, and Spouse Life.
We encourage Members to thoroughly review the complete policy booklet, email info@teamstersVIP.com to request a copy, if you did not receive one upon enrollment.
This program is administered by Union One Benefits Administration.
For AD&D, STD & LTD: THIS IS AN EXCEPTED BENEFITS POLICY. IT PROVIDES COVERAGE ONLY FOR THE LIMITED BENEFITS OR SERVICES SPECIFIED IN THE POLICY.
For STD & LTD: These policies provide disability income insurance only and do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.
Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. Contract Series: 83500.
Prudential, the Prudential logo, and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
