The Need for Disability & Life Insurance
For a complete brochure, click here. (PDF version)
The unexpected death of a family member can be devastating for your loved ones. All too often, these hardships are compounded by financial losses that could have been avoided with adequate disability and life insurance.
CIGNA is pleased to offer National Rural Letter Carriers' Association members the opportunity to elect valuable insurance coverage that offers added protection for you and your family.
What would happen to your family if you became disabled and couldn’t work? How long would you be able to pay your mortgage or rent, car payment and everyday living expenses? Today, many people neglect to financially protect themselves from the devastating impact of a long-term disability. Half of all personal U.S. bankruptcies, which affect two million people annually, are attributable to illness or medical bills, and about 700,000 children live in families that declared bankruptcy in the aftermath of serious medical problems.1
The odds of a disabling injury or illness may be higher than you think. Three out of every ten workers will experience an injury or illness that keeps them out of work for three months or longer.2 On average, a disabling injury occurs every 1.6 seconds.3
Voluntary Long-Term Disability (VLTD) insurance can help by giving you money for bills and other expenses when you’re sick or hurt and can’t work. All eligible NRLCA members have the opportunity to purchase coverage from two VLTD benefit options.
Whether you’re single, married, have children or are close to retirement, life insurance is a must. Voluntary Term Life (VTL) insurance provides the security loved ones need to get through the financial hardships that may accompany the death of a loved one.
VTL pays benefits to your loved ones after you die, replacing your income and allowing the financial plans you put in place to continue uninterrupted. All eligible NRLCA members have the opportunity to purchase VTL coverage.
You will need Adobe Acrobat Reader to view the above file. If you do not currently have this program on your computer, you can download it from here.
1 “Illness and Injury as Contributors to Bankruptcy,” Health Affairs, February 2005
2 "Disability Insurance: A Missing Piece in the Financial Security Puzzle," America's Health Insurance Plans, 2004
3 National Safety Council, Injury Facts, 2005-2006 edition
4 LIMRA 2004