Exclusive Voluntary Benefits for the
International Union of Operating Engineers Local 95

VOLUNTARY TERM LIFE

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About the Plan

Plan brochure and benefits summary

Life insurance provides a financial benefit that your family can depend on and signing up for it through the IUOE program is easier, more convenient, and more affordable than doing it on your own. If you have any financial dependents— a spouse, children, or aging parents, having life insurance is a responsible and smart decision.

Highlights

  • Choose from $10,000 to $500,000 in term life coverage (in $10,000 increments).
  • Guarantee Issue coverage for members up to $200,000. The ‘guarantee’ means you are not required to answer health questions to qualify for coverage up to and including the specified amount, when you sign up for coverage during the initial enrollment period.
  • Spouse and child coverage also available.
  • Will prep services – included as special bonus for participants.

IUOE Member Pricing

See below for monthly pricing for members on the most common Voluntary Term Life policy election amounts. To see additional policy election amounts, as well as spouse and children pricing, view plan brochure or Get an Instant Quote below. 

Age Bracket $50,000 $150,000 $500,000
<30 $6.00 $18.00 $60.00
30-34 $6.90 $20.70 $69.00
35-39 $8.30 $24.90 $83.00
40-44 $10.65 $31.95 $106.50
45-49 $16.10 $48.30 $161.00
50-54 $25.60 $76.80 $256.00
55-59 $36.65 $109.95 $366.50
60-64 $52.10 $156.30 $521.00
65-69 $87.55 $262.65 $875.50

CRITICAL ILLNESS

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About the Plan

Plan brochure and benefits summary

When you or a family member suffers a serious illness such as a stroke, cancer, or heart attack, Critical Illness Insurance can help with expenses not covered by medical insurance. With more health care costs being shifted to you in the form of higher deductibles, co-pays, and other out-of-pocket costs, critical illness insurance can help bridge the gap.

Highlights

  • Up to $25,000 coverage
  • Guaranteed issue for most members – up to $20,000

IUOE Member Pricing

Critical Illness Monthly Member Rates

Benefits Amount <30 30-39 40-49 50-59 60-69 70+
$5,000 $3.71 $5.38 $10.77 $20.72 $32.64 $62.12
$10,000 $7.06 $10.18 $20.32 $38.97 $61.34 $118.02
$15,000 $10.41 $14.98 $29.87 $57.22 $90.04 $173.92
$20,000 $13.76 $19.78 $39.42 $75.47 $118.74 $229.82
$25,000 $17.11 $24.58 $48.97 $93.72 $147.44 $285.72

Critical Illness  Monthly Spouse Rates
Benefit Amount Up To 50% of Employee Amount to a Maximum of $12,500

Benefits Amounts <30 30-39 40-49 50-59 60-69 70+
$2,500 $2.04 $2.89 $6.00 $11.60 $18.29 $34.17
$5,000 $3.71 $5.38 $10.77 $20.72 $32.64 $62.12
$7,500 $5.39 $7.78 $15.55 $29.85 $46.99 $90.07
$10,000 $7.06 $10.18 $20.32 $38.97 $61.34 $118.02
$12,500 $8.74 $12.58 $25.10 $48.10 $75.69 $145.97

ACCIDENT

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About the Plan

Plan brochure and benefits summary

Accidents happen every day; in fact, they happen more often than you may think. Chances are if you or a family member suffers a serious injury, you’ll also experience unexpected expenses. Accident Insurance can help with expenses that medical and disability insurance do not cover.

Highlights

  • Member, spouse, and child coverage available
  • Coverage ranges from ambulance rides to surgery, and more!

IUOE Member Pricing

Accident  Monthly Rates

Member Only $14.56
Member & Spouse/Domestic Partner $24.88
Member & Child(ren) $26.21
Member & Family $36.53

Guardian Life Insurance Company The Guardian Life Insurance Company of America® (Guardian) is a Fortune 250 global financial services company that is committed to providing individuals and businesses with the financial guidance and protection they need to lead a life well lived. Guardian’s offerings range from life insurance, disability income insurance, annuities, wealth management and investments to dental, vision, and 401(k) plans. Guardian has approximately 8,000 employees and a network of over 3,000 financial representatives in more than 70 agencies nationwide.