Our Policy:
On
September 1 2008 our group life insurance underwriter switched from Standard
Life Insurance Group to “The Hartford Life and Accident Insurance Company. As a
result of the switch in the group policy, the following changes did occur:
· The current enrolment period for the group has changed
from February to September. This means that new members can only register for
the group insurance only as of Sep 1 through Sep 30.
· The member’s annual rate for the new policy has changed
from the flat rate of $88 per person to a rate staring from $13.56-$135.00.
· The new individual annual rate is now calculated base on
age.
The
group policy benefit for BCA-USA is $25,000.00 and the individual benefits are
as follows:
|
AGE
|
Benefits
|
1st
YEAR Benefit
|
2nd
Year Benefit
|
|
0-18
|
$7,500
|
$3,500
|
$7,500
|
|
18-65
|
$25,000
|
$12,500
|
$25,000
|
|
65-69
|
$12,500
|
$6,250
|
$12,500
|
|
69-Over
|
$2,500
|
$1,250
|
$2,500
|
The
table above simply explains that in the cause of dead of a member in
their first year of enrolment, 50% only 50% of their benefits will be pay to
their dependent, and a 100% benefits from the 2nd year further.
Individual annual premium
|
AGE
|
Monthly
Payment
|
Annual
premium
|
|
0-18
|
$0.60
|
$7.20
|
|
18-65
|
$11.25
|
$135
|
|
65-69
|
$5.63
|
$67.56
|
|
69-Over
|
$1.13
|
$13.56
|
The
Important of Life insurance:
1. No one likes to think about the need for
life insurance, but if you were not longer in the picture what would happen to
the people who depend on you for financial support?
2.
Studies show that the
premature death of a household’s breadwinner can have a significant negative
impact on a family’s financial security. Even if the deceased has some life
insurance, the amount is often inadequate.
3.
Death is a part of Life. No
one escapes its clutches, and no one long escape the
harsh reality of dealing with the loss of someone dear
How to make a Payment:
Direct Deposit: Bank of America
Acc#334016698318
Open in Norcross, Georgia
Checks: Made payable to
BCA-USA
Mail to: 3784 Imperial Hill Ct, Snellville, GA 30039
Thank
You
Ni
Blaise n Azangue