The Trust sponsors a Group Life Insurance Program in partnership with Standard Insurance Company. The Group Life Insurance Program combines the benefits of economies of scale in pricing and plan design flexibility enjoyed by large employers, with the financial stability and reputation for excellence of both The Trust and Standard Insurance Company.
The Trust works directly with Standard on your behalf in order to match your existing plan design, thereby conforming to any contractual obligations that must be met due to union contracts. If there is no existing plan in place, The Trust will assist you in the design of a group plan keeping in mind any special needs or requirements.
Paperwork and record-keeping matters are largely handled by The Trust on our Members’ behalf including enrollment, billing and claims handling.
Eligible employees who terminate from your employ are able to continue purchasing group term life insurance at special group rates directly through Standard.