Oct 23, 2017

Group Accidental Death & Dismemberment Insurance Highlights

Substantial accident protection at competitive member-only rates.

The AIChE Group Accidental Death & Dismemberment Insurance plan, underwritten by New York Life Insurance Company, offers you an extra layer of protection at an economical rate. Eligible members and their families are guaranteed coverage. There are no health questions to answer. No medical exams to take. It takes just minutes to apply.

Added Protection for
You and Your Family

Supplement your life insurance portfolio with protection for accidental death and loss of limb.

Economical Group Rates

At any age, members pay $48 a year for $100,000 of coverage.  Add $50,000 of protection for your spouse and $10,000 for all dependent children for just $24 a year.

Substantial Benefits

Members may select limits ranging from $50,000 to $500,000 (in $50,000 increments).

Two Plan Options

Two plans available: Member Only or the Family Plan.  Under the Family Plan, your spouse receives 50% of your principal sum and each dependent child receive 10% of your principal sum.

Acceptance Guaranteed

There are no health questions on the application and no medical exams to take.  Eligible members and their families are guaranteed acceptance.

Rates Do Not Increase
as You Increase in Age

Because the rates are not based on age, your premiums will not go up just because you are getting older.

Additional Benefits Paid

Members under age 70 receive 11 additional benefits that are paid over and above the face amount of coverage elected.

You can receive up to $10,000 in rehabilitation benefits, assistance with day care and children's college tuition and more.  See the 'Plan Details' page for a complete list, coverage limits and benefit descriptions.

 

About New York Life Insurance Company

New York Life Insurance Company, founded in 1845 and a recognized leader in the group insurance field, is one of the largest and most respected life insurance companies in the nation. New York Life has received the highest possible ratings for financial strength currently awarded to any life insurer from all four major agencies: A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor's (AA+), and Moody's Investors Service (Aaa).*

New York Life is licensed / authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable eligibility page for current availability.

*Source: Third Party Ratings Report as of 8/11/15.

New York Life's state of domicile is New York, and NAIC ID # is 66915.

Underwritten by New York Life Insurance Company on policy form GMR-FACE/G-29343-0