| What
You Should Know |
 |
|
Here are some frequently asked questions and answers about your
benefit program, plus you'll find a list of articles with the
most current information on trends and analysis that affect your
benefits. If you don't find the information you need, please
click Contact Us, and tell us what you need to know.
|
| |
| Select the category
of FAQs you would like to see: |
| |
| |
|
| What is insurance? |
| Do I have to be a member of a group,
union or association to enroll in these plans or apply for
coverage? |
| What is a policy? |
| What is a beneficiary? |
| What is an exclusion? |
| Can I continue this coverage if I am no
longer a member of my group, union or association? |
| Is there a toll free number I can call
if I have any questions? |
|
| Q. What is insurance? |
A. Insurance is a means of providing or
purchasing protection against some of the economic consequences
of loss.
|
| Q. Do I have to be a
member of a group, union or association to enroll in these plans
or apply for coverage? |
A. Yes. These plans are available
exclusively to group members only.
|
| Q. What is a policy? |
A. A policy is the contract between the
insurance company and the policyowner under which the insurance
company agrees to pay the policy benefit when specific losses
occur, provided the insurer receives the required premiums.
|
| Q. What is a
beneficiary? |
A. A beneficiary is the person named by the
participant in an insurance policy or pension plan to receive
any benefits provided by the plan, if the participant dies.
|
| Q. What is an exclusion? |
A. An exclusion is a term indicating
limitations on recovery of a claim or loss.
|
| Q. Can I continue this
coverage if I am no longer a member of my group, union or
association? |
A. Some plans are portable, which means
that you can still continue your coverage on a direct bill basis
if you are no longer a member. Check the specific details of the
plan you are considering to find out more.
|
| Q. Is there a toll free
number I can call if I have any questions? |
A. For more information, please call toll
free 1-800-366-5273 (Monday - Friday, 8:00 AM - 5:00 PM EST).
|
