FORT DEARBORN LIFE INSURANCE
Group Term Life Insurance Highlights
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1-800-327-1950
MPIA
Increased Protection For the Entire Family

The death of a family provider can mean that a family will not only find
itself facing the loss of a loved one, but also the loss of financial security.
With out Group Term Life plan, an employee can achieve peace of mind
by giving their family the security they can depend on. Out plan design
flexibility allows for customisation at competitive rates to meet the needs
of employers and employees.
Term Life with Accidental Death & Dismemberment Insurance
Features
Benefits
Flexible Schedule
Flat or salary based plan designs
Flat ($5,000 imcrements)
Salary: 1x, 2x, or 3x basic
annual salary
Minimum - $15,000
Maximum - $100,000
24-hour Benefits
Coverage on and off the job
  • Accelerated Death Benefit - To ease the cost associated with
    terminal illness, the Accelerated Death Benefit pays a portion of
    the death benefit as a living benefit to insured employees who are
    terminally ill. The Accelerated Death Benefit is 0% of the
    employee's Group Term Life benefit.
  • Waiver of Premium - If an employee is unable to engage in any
    occupation as a result of injury or sickness for a minimum of 6
    months, prior to the age of 60, premium will be waived until the
    employee is no longer disabled or reaches age 65.
  • Age Reduction Schedule - Life and AD&D benefits reduce by
    35% of the original amount of age 65, further reduce to 50% of the
    original amount at age 70, further reduce to 25% of the original
    amount of age 75, and further reduce to 15% of the original
    amount at age 80. All benefits terminate at retirement.
Accidental Death and Dismemberment (AD&D)
AD&D - An additional death benefit that pays in the event a covered
employee dies or is dismembered in an accident. The benefit will be paid
according to an AD&D schedule for loss of life, limb, hearing or speech
resulting from a covered accident.
Features
Benefits
Flexible Schedule
Matches Term Life benefit choice
24-hour Benefits
Coverage on and off the job
Additonal Features
  • Seat Belt and Air Bag Benefit
  • Repatriation of Remains*
  • Education Benefit for
    Dependent Students
1-800-327-1950