Term life insurance provides coverage for a specific period of time. The NYSUT Member Benefits Trust-endorsed Term Life Insurance Plan provides benefits up to $1 million, if under age 65.
Coverage may vary and may not be available in all states.
Term insurance offers an important advantage over permanent life insurance … cost! The premium for a term policy is typically less than permanent life insurance. Why? Because term life insurance does not offer cash, loan or retirement income values. It provides “pure” insurance protection during the period your spouse and children depend heavily on your income.
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 85 are eligible to apply. Your age determines the maximum amount of coverage you may apply for under MetLife's 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 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 800-626-8101 if you experience a problem with any endorsed program.
Metropolitan Life Insurance Company
200 Park Avenue
New York, NY 10166
To apply for Term Life Insurance coverage, please download an application by clicking the link below.
|Term Life Brochure and Application|
|Term Life Rate Chart|
|Beneficiary Designation Form|
|Outline of Coverage - Term Life, Level Term Life and No Cost New Member Life|
|Outline of Coverage - Substandard Life, Senior Life and Paid Up Life|
|Will Preparation FAQ|
|Estate Resolution Services FAQ|
|Answers about the plan, including eligibility, options, enrollment, customer service and more.|
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!
How do I apply?
To apply for 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.