With the possibility of some people seeking early retirement, one of the items of concern is having to leave behind your life insurance.Cutoff is OCT 15th for GUARANTEED ISSUE for Techs and Spouses. After OCT 15th, regular application process.The prospect of obtaining life insurance on your own might be of concern due to pre-existing conditions and weight issues. If you are insulin dependent diabetic or have recently had a major health event, then getting life insurance once you leave AMFA and the airline, it would not be possible outside Group Guaranteed Issue life insurance.
AMFA national has engaged with a broker that has Guaranteed Issue Life Insurance, both Term up to $150,000 and Whole Life up to $100,000 for AMFA members. You can get up to $200K by answering one other question. These use Mass Mutual and as the carrier. This is only for AMFA members.
The choice to obtain this coverage is your own choice and it is not provided/sponsored by the local or union. Members are responsible for their own decision regarding this coverage and billing. This guaranteed issue life insurance is PORTABLE at THE SAME PRICE. If you want this you must contact him yourself, directly, and apply over the phone.
This is a limited time (90 day offer) for ALL current AMFA 14 members, those staying or leaving.
This broker has been working with AMFA for over 10 years. He is independent but has been the insurance guy for Local 11 and 32 for many years.
You must call to apply and set up billing BEFORE leaving your employment.