Group Term Life Insurance is a core product of Union Labor Life and has been offered to unions and their members since 1927. Our Term Life insurance is an affordable way to provide vital financial benefits in the event of the untimely death of a member, spouse or child, helping families to meet financial obligations and maintain financial security after a tragic loss.
Our Term Life policies offer a unique feature tailored exclusively for unions: Strike Waiver of Premium benefit. This provision allows premiums to be waived for up to one year during a lawful strike authorized by the union or should union members be locked out as a result of a labor dispute exceeding 30 days.*
For more information, please contact our group sales team leader, Larry Paradise [1] at 630.743.4252.
Click here [2] to download our Group Term Life Insurance flyer in pdf format.
Policyholders and beneficiaries of Term Life and Accidental Death and Dismemberment insurance policies with benefit amounts of $10,000 or more can take advantage of our free interest-bearing Ullico Beneficiary Asset Account to access their benefit proceeds. Visit www.Ullico.com/BeneficiaryAssetAccount [3] for more information.
*Not available in all states.