Life insurance
Life and AD&D insurance gives your family financial support when they need it most. These are monetary benefits that are paid to your loved ones if something were to happen to you. These benefits are available at no cost to you.
What are my benefits?
The following benefits are available to participants only.
| Benefit | Monetary benefit |
|---|---|
| Life Insurance (if you pass away) | $20,000 |
| Accidental Death & Dismemberment (for example, if you lose a limb or your eyesight) | Up to $20,000 |
| Accelerated Death Benefit (if you become terminally ill) | Up to $15,000 (if you have 6 months or less to live) |
Beneficiaries
It’s very important for you to choose a beneficiary!
The person(s) you choose as your beneficiary will be paid the monetary benefit if something happens to you. You can also split your benefit between 2 or more people. Beneficiaries can be changed at any time.
How do I choose a beneficiary?
Simply fill out a Life Insurance Beneficiary FormDownload PDF at the Customer Service Office.
Culinary Health Fund
Customer Service
1901 Las Vegas Boulevard South
Suite 107
Las Vegas, Nevada 89104
Phone: 702-733-9938
Fax: 702-733-0989
You can also call the Customer Service Office at 702-733-9938 to add or change a beneficiary.
What if one of my dependents passes away?
If one of your dependents passes away, you (the participant) will be paid their life insurance benefit.
| Dependent | Monetary benefit |
|---|---|
| Your spouse | $10,000 |
| Your dependent child (Age 6 months to 26 years) | $10,000 |
| Your dependent child (Age live birth to 6 months) | $3,000 |
Why is life and AD&D insurance important?
Life and AD&D insurance provides support for your family during tough times. It’s meant to temporarily replace your income and relieve some of your family’s stress if you get hurt in an accident or pass away.
It can help your family with:
- Monthly rent and utilities
- Debt or school tuition
- Funeral and burial costs
- Other things that may be needed
Accelerated Death Benefit
Your life insurance benefits include an Accelerated Death Benefit of up to $15,000. If you become terminally ill, you’re able to use some of your life insurance benefit while you’re still alive. This helps you stay comfortable near the end of your life.
Example
- You’re diagnosed with a terminal disease.
- You use $15,000 of your life insurance benefit while you are still alive.
- After you pass away, your beneficiary will receive the remaining $5,000.
How can I buy more disability or life insurance?
Call Boston Mutual at 702-386-5179.