The NYSUT Member Benefits Trust-endorsed Level Term Life Insurance Plan provides benefits you can depend on for up to 20 years*, with premiums that are not scheduled to go up and benefit options that will not go down. The plan provides benefits up to $1 million, if under age 65.
Review your cost of living regularly to be sure your life insurance is adequate. The Group Term Life Insurance Plan is a convenient way to update your coverage.
Coverage may not be available in all states.
*You and your spouse (or certified domestic partner) are eligible for the 20-year plan if under age 55, the 15-year plan if under age 60 and the 10-year plan if under age 65.
Level Term Life Insurance offers premiums that will not increase for the length of term you select. Your premium will remain level and your benefit amount will not decrease during the initial term due to your age or health status. (The insurance company does reserve the right to change premium rates, but may only do so for all insureds covered under the group policy.)
Please read the materials for complete details, including rates and eligibility. NYSUT members, agency fee payers and their lawful spouses (or certified domestic partners) under age 65 are eligible to apply. Your age determines the length of term you may apply for under Metlife's Level Term Life Insurance Plan. An ex-spouse will need to purchase Associate Membership through NYSUT to continue his or her coverage.
You may select from the following convenient payment options:
The MetLife Level Term Insurance Plan is a NYSUT Member Benefits Trust (Member Benefits)-endorsed program. Member Benefits has an endorsement arrangement of 7.61% of gross premiums for this program. All such payments to Member Benefits are used solely to defray the costs of administering its various programs and, where appropriate, to enhance them. The Insurer pools the premiums of Member Benefits participants who are insured for the purposes of determining premium rates and accounting. Coverage outside of this plan may have rates and terms that are not the same as those obtainable through Member Benefits. The Insurer or Member Benefits may hold premium reserves that may be used to offset rate increases and/or fund such other expenses related to the plan as determined appropriate by Member Benefits. Member Benefits acts as your advocate; please contact Member Benefits at 1-800-626-8101 if you experience a problem with any endorsed program.
Metropolitan Life Insurance Company
200 Park Avenue
New York, NY 1016
These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.
|Level Term Life Brochure and Application|
|Beneficiary Designation Form|
|Outline of Coverage - Term Life, Level Term Life and No Cost New Member Life|
|10 Year Level Term Life Rate Chart|
|15 Year Level Term Life Rate Chart|
|20 Year Level Term Life Rate Chart|
|Will Preparation FAQ|
|Estate Resolution Services FAQ|
How do I apply?
To apply for Level Term Life Insurance coverage, please download an application.
Do I have to meet with an insurance agent?
Issuance of this policy is handled over the Internet and the mail. You can review the materials in the privacy of your home and purchase your policy directly through the mail without meeting with an agent. You can, of course, talk to a licensed representative if you'd like by calling 1-888-386-9788.
What if I have second thoughts after I apply?
When you become insured, you will be sent a schedule of benefits summarizing your insurance coverage and how to obtain your Certificate of Insurance additional information. If you are not completely satisfied with the terms of your Certificate, you may contact Mercer Consumer toll-free at 1-888-386-9788, without claim within 30 days. Your coverage will be void from the start and you will receive a full refund—no questions asked!