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American Income Life and

American Income Life and. Serving Credit Union Members Nationwide. Altig International. American Income Life. Chartered in 1924 Purchased by Bernard Rapoport in 1951 Working with Credit Unions for more than 30 years Over 7 million dollars in assets. American Income Life.

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American Income Life and

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  1. American Income Lifeand Serving Credit Union Members Nationwide Altig International

  2. American Income Life • Chartered in 1924 • Purchased by Bernard Rapoport in 1951 • Working with Credit Unions for more than 30 years • Over 7 million dollars in assets

  3. American Income Life • Rated “A” (Excellent) by A.M. Best • Over $10 Billion of supplemental life insurance in force! • International Company - Licensed in the U.S., Canada, New Zealand, Puerto Rico and the Virgin Islands

  4. 2,000,000 Members Credit Unions, Unions and Affiliated Groups

  5. Credit Union Lines • AIL Publishes nationally the Credit Union Lines monthly at no cost • Provides general information of current Credit Union topics

  6. Blue Paper of the Month MONTHLY TOPICS • PAST TOPICS INCLUDE • 10 Realities about New Bankruptcy Law • Privacy Act • Executive Compensation

  7. CREDIT UNION SERVICES • Surveys • Membership recruitment • Loan applications • Credit Union Product and Service Cross Selling • Value Added Benefits • Membership Education

  8. MEMBERSHIP RECRUITMENT • Family Membership Sponsorship • SEG Groups • Member Match

  9. How theMemberBenefit Program works…

  10. ACCIDENTAL DEATH & DISMEMBERMENT POLICY Our Way of Saying Thank You For Being A CREDIT UNION MEMBER Covers:Member Spouse Children

  11. Health Services Discount Plan Vision / Eye Care Hearing Prescription Drugs Chiropractic Optional Dental Plan Vitamins & Supplements 24 Hour Nurse Line Travel Assist Quest Travel Plan

  12. How We Implementthe Benefit Program…

  13. We send a letter on your letterhead to each member, informing them of their new benefits • The letter lets them know the benefits are coming in cooperation with AIL and their local Credit Union • Letters are created at our cost • AIL covers the cost of postage

  14. Postage Paid Enrollment Card • is enclosed with each Letter • All Members arecovered by the AD&D Master Policy which the Credit Union holds • Members who return their Enrollment Card will be contacted by our Representatives

  15. When a Mailing is done through your Credit Union… • The Program is at NO COST to the Credit Union or the Member • AIL respects the Confidentiality of Membership mailing lists and does not require a copy of them • Typically, 20 – 50% of your Members will return the Enrollment card and one out of three will purchase additional benefits

  16. When one of our Representatives contacts a Member, we will…

  17. Deliver their Individual Certificate of Coverage and have them designate their Beneficiary • Present the Health Services Discount Plan • Member Education • Credit Union Products and Services • Clearly explain the affordable supplemental programs and answer all questions

  18. “Freedom of Choice” Certificate • Final Expense Plan • Assignment of Benefit • Lump Sum Payment • Balance Paid to Family

  19. LAY-OFF Waiver of Premium* …and the Member NEVER has to Pay It Back!

  20. STRIKE Waiver of Premium* …and the Member NEVER has to Pay It Back!

  21. FAMILY INFORMATION GUIDE • Eliminates Confusion over: • Funeral Arrangements • Insurance Papers • Estate Information • Taxes

  22. American Income Life FOOD BANK How Do We Do It? One Can Of Food at a Time! Last Year We Distributed over 275,000 lbs. Of Food To Members Who Needed It !

  23. The Next Step…

  24. Complete the Group Coverage Form(provides immediate 24 hour coverage) • Provide copies of your Letterhead • Process the mailing as soon as it arrives, to notify members of the benefits that you have made available for them • Stay in contact with your AIL Representative to answer any questions that may arise * This 2 year program automatically renews as long as a working relationship exists

  25. Helping Securethe Future of Working Families American Income Life and Zeidner - Cowan • With… • Affordable • Permanent • Portable • Supplemental Benefits

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