Provider: New York Life
Life Policy #SGM-611112
AD&D Policy #SOK-608276
Member Service: (800) 362-4462
Website: www.newyorklife.com
Life insurance provides financial protection for your family in the event of your death. Accidental death & dismemberment (AD&D) insurance provides additional coverage should you be seriously injured or should your death be a result of an accident.
In the event of an unfortunate situation such as loss of life or serious injury, most families could not make ends meet without assistance from life insurance.
NGOC automatically provides Basic Life and AD&D coverage effective the first of the month 30 days after your date of hire, at no cost to you. Life insurance coverage for eligible dependents or additional coverage for employees can be purchased separately.
| Benefit | Value |
|---|---|
| Basic Term Life Benefit | Flat benefit amount of $25,000 |
| Age Reductions/Restrictions |
35% at age 65 |
| Basic AD&D Benefit |
100% of Life amount |
