An exclusive life insurance offering for members of IBEW Local 17.
As a member of IBEW Local 17, Colonial Life is excited to offer you and your family an exclusive life insurance benefit designed to help you anticipate and prepare for the unexpected
The Benefit
Colonial Life’s Term Life insurance plan is a cost effective solution to your life insurance needs. Colonial Life is offering actively working, eligible members of IBEW Local 17 life insurance protection in which the benefit, and your monthly cost remain the same through the life of the policy. At the end of the term period selected by you (10, 15, 20, or 30 years), the policy may be continued on a yearly renewable basis, no matter your health at that time. Additional coverage is available for your spouse and children. Open enrollment for current Local 17 membership is March 1, 2024 - April 29, 2024 for GUARANTEED ISSUE (GI) up to $125,000* with NO medical questions to answer and NO approval needed.
*Ages 16-50 GI up to $125,000
*Ages 51-60 GI up to $75,000
*Ages 61-79 GI up to $30,000
Guaranteed Issue
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High Benefit Amounts
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Simple Enrollment
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Guaranteed Issue • High Benefit Amounts • Simple Enrollment •
Benefit Features
• Guaranteed premiums that do not increase during the selected term
• Ability to convert all or a portion of the benefit amount into cash value life insurance
• Flexibility to keep the policy if you change jobs or retire
• Built-in terminal illness accelerated death benefit that provides up to 75% of the policy’s death benefit (up to $150,000) if you’re diagnosed with a terminal illness.
• Premium savings for face amounts over $250,000 based on your health
• Benefit chosen is payable for a natural cause or an accidental cause death. Benefit amount is payable from day one of effective date of coverage (no waiting period).
Peace of mind for you and your loved ones
You want what’s best for your family, and that includes making sure they’re prepared for the future. With term life insurance from Colonial Life & Accident Insurance Company, you can provide financial security to help them cover their ongoing living expenses.
“54% of Americans have life insurance coverage, with an average coverage gap of $200,000.”
— LIMRA, 2021 “Industry Associations Unite to Help Address the Life Insurance Coverage Gap in the United States.”
Schedule an enrollment appointment, today.
*Please do not contact the IBEW Local 17 office for information. Schedule an appointment to learn more.
Colonial Life is not contracted by IBEW Local 17.