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Group Life Insurance
I’m going to be starting at UPS soon and had a question about life insurance offerings. I’m currently getting great rates under a Group policy at my current gig but expect those rates to increase dramatically when I leave. What does UPS offer as far as life insurance including any group policy I may be able to take advantage of paying out of pocket for increased coverage. Thanks in advance and very much looking forward to getting to SDF
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UPS provides all crewmembers with a basic $100k policy, and you can purchase additional supplemental coverage (forget the limit) through UPS.
IPA also offers group universal life insurance through MetLife that (IMO) has reasonable premiums. |
Thanks Boiler. I have Met Life now with my current gig, wonder if I can just transfer over to the IPA plan after I make the switch or do I have to finish a year and be off probation?
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Originally Posted by Madella0124
(Post 2822845)
Thanks Boiler. I have Met Life now with my current gig, wonder if I can just transfer over to the IPA plan after I make the switch or do I have to finish a year and be off probation?
IPA Group Life -term insurance) The IPA plan is transferable once you retire or leave UPS. You simply make payments directly to MetLife. You will be eligible immediately with IPA plan. ( if able to keep current plan you can compare plans and costs) IPA Plan is very good. Few exclusions . UPS Supplemental Plan good , more exclusions. Personal choice. UPS briefs all first week contractual and UPS optional benefits. IPA briefs you on IPA supplemental benefits a week later Good journeys SD |
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