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WrapPlan® is a member benefit offered through the NYSUT Benefit Trust to
help you offset decreases in or loss of your existing voluntary, benefit
fund-paid or employer-paid term life insurance. Today, many members need larger amounts of life insurance protection, before and after retirement, than was needed in the past.
Moreover, the nature of voluntary, member-paid Term Life Insurance coverage
is that costs rise as your age increases. Additionally, many benefit fund
provided coverages, employer provided coverages and member paid coverages
reduce benefits with age.
That is the power of the NYSUT WrapPlan®! |
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