New accidental death and dismemberment insurance benefits provided by BLET
INDEPENDENCE, Ohio, June 30 — The BLET National Division provides all active and retired members with an Accidental Death and Dismemberment (AD&D) benefit at no cost to the member. The National Division is pleased to announce that as of June 1, 2017, this benefit is now being provided through Berkley Accident and Health Insurance Company, a top-rated insurer with an AM Best Financial Strength Rating of A+ (Superior). As of July 1, 2017, the $4,000 AD&D policy previously provided by the BLET, through American Income Life (AIL), will be terminated.
The Accidental Death and Dismemberment benefit remains $4,000 for every active and retired member. This benefit is now being administered by Cornerstone Benefits Management (Cornerstone). A beneficiary designation card will be mailed to all members in the coming weeks. If members wish to designate beneficiaries prior to the mailing, then they can do so online by completing a beneficiary designation form at http://www.uniondisability.com/blet-ADD. Completing and returning your beneficiary designation will not result in any contact from Cornerstone, unless you request additional information.
In addition to the $4,000 AD&D benefit, the BLET and Cornerstone are currently working to create a new suite of voluntary insurance products. These additional products are being created by the BLET to give active, dues paying members and their families an affordable way to minimize the financial hardship often resulting from an accident, illness or loss of a loved one.
These additional benefits will be available strictly on a voluntary basis to all active members and there is no obligation to purchase them.
The BLET-provided AD&D coverage is an important benefit for all active and retired members. Unfortunately, some active members and retired members, as well as their family members, may not be fully aware of this coverage. Therefore, BLET members are asked to post this notice at appropriate work locations on their property in order to help us get the word out regarding this benefit.
For more information on the policy or how to submit an AD&D claim, call Cornerstone at (847) 387-3555 or email email@example.com.
Friday, June 30, 2017
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