Life Insurance

Life is full of surprises. Some will fill you with joy, while others can be devastating to you and those you care about. CSEA provides a variety of insurance solutions to help protect yourself, your loved ones, and your assets when life events occur. Our Local CSEA Representative for Pearl Insurance is Nicole Fischer- her contact information is in the footer below!

But...what kind of insurance do you need? What is the difference between Term and Whole or Universal policies? I'm with you! That's why I made this landing strip of resources where you can learn a little, find the resources you're looking for, and plan for the future of yourselves and your families. Use the chat box in the corner to ask me any questions- I'm happy to help you find what you're looking for or direct you to the person who can!

- Jamie

Term Life

Term life insurance lasts for a specific period of time — known as the term — before expiring. If you die before the term is up, your beneficiary — usually your family — receives a death benefit as a tax-free lump sum of money that can be used for funeral costs, to pay bills, or for any other use.

Whole Life

Whole life is a form of permanent life insurance that lasts as long as you live (assuming you pay the policy’s premiums). It also includes a cash value account—a type of savings account that grows tax free over time and that you can withdraw from or borrow against while you are alive.

Universal Life

Group Universal Life Insurance is permanent coverage that can be customized to your changing financial needs throughout your life. Your policy builds cash value that earns interest. So whatever life throws your way, you’ll have peace of mind in knowing your loved ones will be taken care of.

Term Life

Term Life Insurance

Your choice of up to $250,000 in coverage
Up to $150,000 in spouse coverage available
Up to $10,000 in dependent coverage available
No medical questions asked: New members may qualify for a guaranteed $50,000 in coverage if coverage is applied for within 180 days of joining CSEA

Brochures:

MetLife {BASIC} I MetLife {PREMIER}

Applications:

Term Life Offer for New Members- $50K

$150K Term Life Offer for Members under 40

$50K each for Self & Spouse Under 55

Whole Life

Up to $200,000 in coverage for active members under age 76
Up to $25,000 in coverage with no medical exams—every year!
Up to $25,000 in coverage for your spouse/domestic partner
Up to $25,000 in coverage for dependent children and grandchildren
Portable coverage you can take with you even if you change jobs
Rates are determined by your age and smoking status upon entry to the plan, and do not increase as you get older
Premiums can be automatically deducted from your paycheck

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Whole Life

Universal Life

Graphic Summary and Takeaways sourced from Investopedia, click their logo to read full article

Universal Life Insurance

Up to $200,000 in coverage for active members under age 76
Up to $25,000 in coverage with no medical exams—every year!
Up to $25,000 in coverage for your spouse/domestic partner
Up to $25,000 in coverage for dependent children and grandchildren
Loans can be taken out on the policy’s cash value
No termination age
Portable coverage you can take with you even if you change jobs
Flexible coverage: select both your premium payment and your coverage amount (within policy guidelines)
Premiums can be automatically deducted from your paycheck

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Universal Life

At Pearl Insurance, times like these are why we do, what we do. It is why we are committed to being there for CSEA Members when they need us most. Your CSEA Insurance Representatives will continue to serve your needs regardless of work site access and continue to be fully accessible to deliver seamless and uninterrupted service to CSEA Members during these trying times. We are here to help. Call your local CSEA Representative today – we can handle your enrollment over the phone.

For Auto & Home Insurance, call 1.800.574.0963.