Teamcare life insurance much less

[Wally]

This might not matter to some, however, the life insurance benefit under Teamcare might be lower than what you are getting now. Where I am, we currently get 2080 x hourly wage. Teamcare is $40,000. Something to consider if this benefit is part of your financial plan.

 

[Jackburton]

A 35yr old man, non smoking in good health can get $1,000,000.00 for $840.00 a year/$73.08 a month for 30 years. That's someone getting it on thier own without a company policy.

 

[brett636]

I believe the company is still maintaining the life insurance program under the new agreement. With that being said its probably better to have a life insurance policy outside of your job anyways.