life insurance

[matter223]

Anybody know what UPS offers in terms of life insurance policies for feeder drivers? Thanks

 

[cachsux]

Anybody know what UPS offers in terms of life insurance policies for feeder drivers? Thanks

The same as other drivers. You have the option to purchase as much as you want.

 

[over9five]

I don't believe they offer anything.

I believe TeamsterCare (here in Mass) has an automatic $50,000 for the member.

I buy life ins thru the Teamster Federal Credit Union for me and my family.

 

[over9five]

The same as other drivers. You have the option to purchase as much as you want.

Thru UPS???

 

[UpstateNYUPSer(Ret)]

Anybody know what UPS offers in terms of life insurance policies for feeder drivers? Thanks

None that I am aware of. The Union offers life insurance policies.

 

[scratch]

I'm not sure if it is through UPS or the Teamsters, but I thought the amount is 20K, and 40K if we lost our life while on the job? Buy a good term life policy somewhere else.

 

[UpstateNYUPSer(Ret)]

I'm not sure if it is through UPS or the Teamsters, but I thought the amount is 20K, and 40K if we lost our life while on the job? Buy a good term life policy somewhere else.

Good advice, Scratch. I have a $500K 20 year term that I bought when I was 41 on which I pay $48/month. This will cover me for the rest of my UPS career.

 

[cachsux]

Thru UPS???

For free,we get the calculated rate for one year of employment. ADD will get an additional year.

For purchase we can buy additional life and ADD insurance paid for weekly out of our checks. Same for spouses and children and short and long term disability is available also. It`s dirt cheap.

 

[over9five]

Another case of differing offerings at different franchises, I guess.