Term Life Insurance and Accidental Death and Dismemberment (AD&D) is provided for you by the Fund through Symetra Life Insurance Company.
This benefit is only available to you if you meet the eligibility requirements previously described and are not on leave of absence at the time of your death. Your dependents are not eligible for this coverage. You are also not eligible if the City of New York is no longer paying the Fund for your benefits.
WHAT YOUR LIFE INSURANCE BENEFITS IS
If you die from any cause while you are insured, your designated beneficiary(s) will receive $10,000. You may name any person or persons as your beneficiary(s) at any time by filling out the proper form available from the Fund Office.
TERMINATION AND CONVERSION
Your life insurance coverage ends as described previously.
If your life insurance coverage ends, you may convert it to an individual policy within 31 days, without having to furnish proof of good health.
