Teamcare life insurance much less

Discussion in 'UPS Union Issues' started by Wally, Jun 22, 2013.

  1. Wally

    Wally Hailing from Parts Unknown.

    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.
  2. Jackburton

    Jackburton Gone Fish'n

    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.
  3. brett636

    brett636 Well-Known Member

    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.