United of Omaha Life Insurance C

What would happen 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. Voluntary long-term disability (VLTD) insurance from United of Omaha, a Mutual of Omaha Company, pays you cash benefits when you’re sick or hurt and can’t work.

Can I continue the Voluntary long-term disability (VLTD) insurance through the Standard Insurance Company which is current insurance carrier?

To be eligible for VLTD coverage, you must be an active member of the National Rural Letter Carriers’ Association, working 20 hours per week, and able to perform all normal duties of your job.

The effective date of the VLTD coverage for members currently enrolled in the VLTD program is February 1, 2009. For all others, the effective date of coverage is June 1, 2009.

If you do not enroll on or before the end of your initial enrollment period and wish to apply for coverage at a later date, evidence of insurability will be required. Your coverage will be effective the first day of the month coinciding or following the date United of Omaha approves the coverage.

Disability and disabled mean that because of an injury or illness, a significant change in your mental or functional abilities has occurred, for which you are:

· Prevented from performing at least one of the material duties of your regular occupation during the first 2 years of disability and after 2 years are unable to perform all of the material duties of any gainful occupation; and

· During the first 2 years of disability are unable to generate current earnings which exceed 80% of your monthly earnings from your regular occupation, and after 2 years are unable to generate current earnings which exceed 60% of your monthly earnings from any gainful occupation.

If you become disabled, your VLTD benefits become payable after you have been continually disabled for:

Your benefit is equivalent to either 50% or 60% of your before-tax monthly earnings, not to exceed the plan’s maximum monthly benefit amount, less other income sources.

If you become disabled prior to age 62, benefits are payable to age 65 – your Social Security Normal Retirement Age. At age 62 (and older), the benefit period will be based on a reduced duration schedule.

• The day you do not satisfy any other eligibility conditions as described in your certificate

Will I have to satisfy a new Pre-Existing Clause on the Voluntary LTD with Mutual of Omaha?

Members will not have to satisfy a new Pre-existing Clause in the transition to Mutual of Omaha. Mutual of Omaha will provide prior credit to members who were insured under the Standard of Oregon policy. Any member that had Standard of Oregon Voluntary LTD for more than 12 months is not subject to a new pre-existing exclusion.

The Mutual of Omaha Voluntary LTD policy provides a 10% reduction in premium as well as a richer contract more suited to the occupational duties of rural letter carriers. Don't miss out on this opportunity to continue the important financial protection of insuring your paycheck through the Mutual of Omaha Voluntary Long Term Disability Insurance.

Your personalized enrollment form has the current option that you are enrolled under Standard of Oregon. If you would like to maintain the same level of coverage mark enroll under the same row and fill out the allotment form on page 2 of your enrollment form. If you would like to change the option please mark the appropriate level of coverage that you wish to enroll.

All forms must sent to Mutual of Omaha in the self-addressed envelope by January 16, 2009 in order to be processed for an effective date of February 1.

Go to mutualofomaha.com, then select the state where you live and click on the form called Long-Term Disability Claim Form Mutual and United.

If you experience a family status change during the year, you may be able to increase your coverage without evidence of insurability - if your request is received within 60 days of the family status change. If your request is submitted more than 60 days from the date of the family status change, you will be required to submit evidence of insurability (answer health questions).

In most cases, you may only increase your coverage if the increase or addition is consistent with the family status change.

Whether you’re single, married, have children or are close to retirement, having 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 an income earner.

When determining how much life insurance you need, think about the expenses you may encounter through every stage of your life. Insurance professionals recommend carrying life insurance equal to four or five times household income.* However, since everyone’s needs are different, it’s important to assess your personal situation and specific needs.

To be eligible for VTL coverage, you must be an active member of the National Rural Letter Carriers’ Association, working 20 hours per week, and able to perform all normal duties of your job.

Dependent insurance (for your spouse and/or children) may also be available, but only when you, as the member, also select coverage for yourself.

Dependent insurance (for your spouse and children up to age 19, or age 25 if they are full-time students) may also be available, but only when you, as the employee, also select coverage for yourself. All dependents must be performing normal activities and cannot be “totally disabled” as defined in the policy. Totally Disabled Dependent means that, as a result of an injury, a sickness or a disorder, your dependent: (a) is confined in a hospital or similar institution; (b) is unable to perform two or more activities of daily living (ADLs) because of a physical or mental incapacity resulting from an injury or a sickness; (c) is cognitively impaired; or (d) has a life threatening condition.

Can I sign up for Voluntary Term Life Coverage with Mutual of Omaha and have other Life Insurance?

Voluntary Term Life Insurance through Mutual of Omaha is available to NRLCA members up to 5 times salary to a maximum of $100,000 without any medical questions as well as $50,000 for Spouse and $10,000 for children also without any medical questions. This coverage is supplemental to other group or individual life insurance products that members may have already. There is no coordination within Life Insurance Products. Members can purchase Life Insurance amounts that they need as well as can afford. This is a great opportunity to purchase low cost group term Life insurance at low costs without medical questions up to certain amounts.

The effective date of the coverage for members currently enrolled in the VTL program is February 1, 2009. For all others, the effective date of coverage is June 1, 2009.

If you enroll for coverage over the Guarantee Issue amount, you are required to submit evidence of insurability (answer health questions). Your coverage is effective the first day of the month coinciding or following the date United of Omaha approves the coverage.

If you enroll for coverage over the Guarantee Issue amount, you will need to provide evidence of insurability (answer health questions). Guarantee Issue Amounts are as follows:

Please mark the selection for member, spouse and child and return your enrollment form in the self-addressed envelope. If you do not have a self-addressed envelope, please return all enrollment forms by January 16, 2009 to:

Don't wait after this initial enrollment any amount of insurance will be subject to medical evidence of insurability. This is a great opportunity to purchase low cost group insurance that will protect your loved ones as well as your paycheck in case of illness or an accident.

Go to mutualofomaha.com, select the state you where you live and click on the Life Claim Form.

If you experience a family status change during the year, you may be able to increase your coverage or add dependent coverage up to the Guarantee Issue amount(s) without evidence of insurability. In most cases, you may only increase your coverage or add dependent coverage if the increase or addition is consistent with the family status change.

Please contact Bill Judge and Associates at wmjudge@bja-nrlca.com or toll free 1-800-606-1071.

Sample Disability benefits and bi-weekly premium rates for a Rural Letter Carrier earning $50,000 annually by age brackets.

	Option 1 = 50% Benefit $2,083 Monthly Benefit Amount	Option 2 = 60% Benefit $2,500 Monthly Benefit Amount
	Bi-weekly Premium Amount	Bi-weekly Premium Amount
18-34	$10.90	$11.54
35 –44	$15.77	$17.88
45-54	$28.85	$32.69
55+	$57.88	$65.19

Sample bi-weekly Term Life premium rates for a Rural Letter Carrier earning $50,000 annually at ages 35, 40, 45, 50 and 55.

	$25,000	$50,000	$75,000	$100,000	$200,000 (Max)
35-39	$1.62	$3.23	$4.85	$6.46	$12.92
40-44	$2.31	$4.62	$6.92	$9.23	$18.46
45-49	$3.46	$6.92	$10.38	$13.85	$27.69
50-54	$5.54	$11.08	$16.62	$22.15	$44.31
55-59	$9.58	$19.15	$28.73	$38.31	$76.62

If the benefit amount you want to select is greater than $100,000, select the benefit amount from the top row that when multiplied by another number results in the benefit amount you want to select. For example, if you want $150,000 in coverage, you obtain your premium amount by multiplying the rate for $50,000 times 3.