Page 34 - 2021 Willett Engineering Benefits Guide
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Quick Contact Details:
Voluntary Benefits Phone: 800-486-7721
Website: starrobbins.com
Universal Life Insurance with Long-Term Care
Universal life insurance is permanent life insurance with
an investment savings element. Much like a savings
account, a universal life policy accumulates cash value
that grows tax-deferred until funds are withdrawn.
Long-term care can be expensive and may be needed at
any age. With a universal life policy, benefits can be paid as
death benefits or living benefits, or a combination of both.
This policy is flexible to meet your needs and budget.
Rates are based on the team member’s age at time
of enrollment and will not increase with age!
What is Long-Term Care Coverage?
It covers long-term services and supports, including personal
and custodial care, in a variety of settings such as your
home, a community organization or skilled nursing facility.
Fast Facts
Universal life insurance Gray offers this To view universal life
benefits can be paid as death benefit through insurance rates, please login
benefits or living benefits, Transamerica. to the BenSelect portal.
or a combination of both.
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