This Coverage is available exclusively to IEEE members* under age 70 who are at FULL-TIME WORK (as defined in Tell Me More), provided their ANNUAL GROSS EARNED INCOME  is at least $20,000 for the preceding 12 month period. In order to become insured, satisfactory evidence of insurability must be provided and the required premium must be paid.

This coverage is available for residents of the Canada (excluding Quebec). 

*Participation in the IEEE Group Insurance Program requires active IEEE membership status during the life of the Policy.

Important Notice for Self-Employed Members: Please be advised that if you are applying for this coverage and you have been self-employed for less than one year, coverage is limited to a $1,040 monthly benefit option, with a 90-day waiting period under the five-year coverage.

You will become insured on the date specified by New York Life Insurance Company provided the first premium contribution has been paid, satisfactory evidence of insurability has been submitted, and you are actively performing the normal activities of a person in good health of like age on that date. If you are not performing your normal activities as required, coverage will not become effective until the day you are performing such normal activities provided such date is within three months of the date insurance would have been effective and you are still eligible for insurance. Payment of a premium contribution for insurance does not mean there is any coverage in force before the effective date specified by New York Life Insurance Company.

Note: There are instances where New York Life Insurance Company may be able to offer insurance, at the same cost, by eliminating coverage for a specific impairment or disease.

This depends on a number of factors including: the disability beneifts that you may receive from your employer, the amount of private disability income insurance you may have in force, plus the household income that will continue during your disability.

Career Coverage
If you are Totally Disabled before age 63, benefits are payable up to age 65. There is a two year maximum benefit for Total Disabilities starting at ages 63 through 74. 

Five-Year Coverage
Benefits are payable for up to five years for Total Disabilities commencing prior to age 60. For Total Disabilities starting at ages 60 through 62, benefits may continue up to age 65. For Total Disabilities starting at ages 63 through 74, benefits may continue for up to two years.

Inflation-Fighter Career Coverage
This Coverage offers disability coverage that, once benefits begin, can help keep pace with inflation. Monthly benefits will be adjusted annually from the date of disability if you are Totally Disabled prior to age 63. Adjustments may be made to the Monthly Benefit paid in the second and each succeeding year. 

The adjusted amount will be based on the Consumer Price Index for Urban Consumers (CPI-U), up to a maximum 5% increase per year and an overall maximum increase of one times the original benefit.* Once you are no longer disabled and benefit payments stop, the Monthly Benefit returns to the original option amount. 

Benefits are payable up to age 65 for Total Disabilities starting before age 63. For Total Disabilities starting at ages 63 through 74 the inflation-fighter feature is no longer applicable and, benefits will be payable in accordance with the basic Career Coverage (i.e., up to two years maximum). 

*A catch up feature allows disabled members to receive benefit increases in excess of the 5% annual maximum if the prior years' compounded rates of inflation were less than 5% annually. Contact the Administrator for additional details on this feature.

Note: Benefits for disabilities due to Mental Disorders or Chemical Dependency are limited to a maximum of 36 monthly payments, regardless of Coverage choice.

Review your cost for Group Disability Income Insurance.

You have a choice of four waiting periods before benefit payments begin: 30, 90, 180 or 365 days. A waiting period is the number of consecutive days you must be Totally Disabled before benefit payments begin. You should choose one that will provide benefits when your employer-provided salary continuation policy runs out. Coverage with a longer waiting period is less expensive.

"Totally Disabled" means you are prevented by illness or injury from performing the material and substantial duties of your usual occupation, provided you are not otherwise working for pay or profit.

Issuance of this coverage is handled over the Internet and the mail. You can review the materials in the privacy of your home and purchase your policy directly through the mail without meeting with a salesman. You can, of course, talk to a licensed representative if you'd like. Please see the Contacts section for the Programs Administrator's toll-free number.

Your insurance may remain in force until the November 1 anniversary date on or immediately after you reach age 75, provided you: (a) do not cease FULL-TIME WORK other than for reasons of disability; (b) remain an IEEE member; (c) continue to pay premium contributions when due; (d) do not enter full-time active duty in the armed forces (coverage may be restored upon termination of active duty status, subject to policy guidelines); or (e) you do not elect to terminate your coverage; or (f) the group policy is not terminated or modified by the Policyholder or New York Life Insurance Company to end insurance for the group of insureds to which you belong.

Yes. Please refer to Tell Me More under the heading Additional Benefits for a listing.

When you become insured, you will be sent a Certificate of Insurance summarizing your benefits. If you are not completely satisfied with the terms of your Certificate of Insurance, you may return it, without claim, within 30 days. Your coverage will be invalidated and you will be sent a full refund—no questions asked!

This policy is underwritten by New York Life Insurance Company, under Group Policy No. G-12150-2, on Policy Form GMR-FACE/G-12150-2. 

About New York Life Insurance Company

You have a choice of Monthly Benefit Options, from $260 to $7,540 (in $130 units). However, members age 65-69 may not request a Monthly Benefit Option in excess of $3,250. The option you choose, together with any other disability income insurance you may have, cannot exceed 60% of your AVERAGE MONTHLY INCOME (as defined in Tell Me More). Also, if you have been self-employed for less then one year, your Monthly Benefit Option is limited to $1,040. Depending on your state of residence, you may be eligible to receive disability benefits under a state program. You should check to see if your state offers this type of benefit.