NEA Complimentary Life Insurance FAQs
Frequently Asked Questions
- NEA Complimentary Life Insurance
- Why Register a Beneficiary
- Beneficiary Registration
- Insurance Carrier
- Free Coverage
- NEA Dues
- Supplemental Coverage
Q. What is NEA Complimentary Life Insurance?
A. NEA Complimentary Life Insurance is free life and AD&D insurance guaranteed to active, staff, reserve and life members. Student members are not covered. Coverage is automatic: however members are encouraged to register a beneficiary with NEA Member Benefits.
Q. Why should I register my beneficiary?
A. Registering your beneficiary will ensure that the benefit amount is paid to the family member or person you stipulate. Having a beneficiary also makes it easier to expedite payment in the event of a tragedy. If you do not select a beneficiary, at your death the benefit will be paid to the first surviving beneficiary listed in the following order: surviving spouse; surviving children; surviving parents; surviving siblings; your estate.
Q. How do I register my beneficiary?
A. It’s easy. You can register online at the NEA Member Benefits website. Just click here to visit the NEA Complimentary Life Insurance web page or call the Member Services Center at 1-800-637-4636 from 8am–8pm M–F, or Sat 9am–1pm.
Q. Who is the insurance carrier for NEA Complimentary Life Insurance?
A. The Prudential Insurance Company of America (Prudential) is the carrier. Our 50-year alliance with the company is based on a rigorous process of evaluating the market to find the best products and services for NEA members. You can count on Prudential’s experience to offer the quality and service you deserve.
Q. How much free coverage is provided?
A. Members in good standing who are actively employed in the field of education receive up to $1,000 of term life insurance, up to $5,000 of accidental death and dismemberment coverage and up to $50,000 of AD&D insurance for any covered accident that occurs while on the job or serving as an Association leader. Since the inception of the program, $27.5 million has been paid out to members.
Another important part of free NEA Complimentary Life Insurance coverage is the homicide benefit. NEA Complimentary Life Insurance pays up to $150,000 when an unlawful homicide takes the life of a member while on the job. (In the past school year, when tragedy struck in Minnesota and Tennessee taking the lives of two NEA members, their families both received the $150,000 unlawful homicide benefit from the NEA thanks to their free NEA Complimentary Life Insurance coverage.)
Q. Do funds from my NEA membership dues pay for this free NEA Complimentary Life Insurance coverage?
A. No. NEA Complimentary Life Insurance along with all NEA Member Benefits’ products and services is self-supporting.
Q. Do I need additional coverage to supplement NEA Complimentary Life Insurance coverage?
A. Depending on your circumstances, it may be advisable to supplement this free coverage with other affordable life-insurance products tailored to your individual needs. See the NEA Members Insurance Trust Home Page for more information.
FOR NY RESIDENTS:
This policy provides ACCIDENT insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York State Department of Financial Services.
IMPORTANT NOTICE: THIS POLICY DOES NOT PROVIDE COVERAGE FOR SICKNESS.
This type of plan is NOT considered “minimum essential coverage” under the Affordable Care Act and therefore does NOT satisfy the individual mandate that you have health insurance coverage. If you do not have other health insurance coverage, you may be subject to a federal tax penalty.
The Complimentary Term Life coverage is issued by The Prudential Insurance Company of America, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations and restrictions, which may apply. Contract Series: 83500. California COA #1179 NAIC #68241.