NEA Life Insurance Awareness Month: Planning for the future

Nearly 70 million Americans are without life insurance coverage. 86% of NEA members are underinsured. Are you one of them?

Through your Member Benefits, NEA members are entitled to free life insurance through NEA Member Benefits.

Life Insurance Awareness Month (LIAM) was created to educate Americans about the importance of adequate coverage. Important facts about life insurance:

• According to a recent survey, 50% of surviving spouses felt that their life insurance proceeds were inadequate.
• Experts recommend 6-9 times one’s annual salary as adequate insurance coverage. 
• Life events like getting married, having a baby, and buying a home are excellent reasons to purchase additional life insurance.
• Life insurance calculators can help you determine how much coverage you need. 
• Employers typically do not provide sufficient life insurance coverage. 
• Life insurance rates are going up 5-15% - but not for NEA members. 
• The NEA Members Insurance Trust offers an array of competitively priced products for NEA members.
    

Learn more about Life Insurance Awareness Month and find valuable resources and information on NEA Member Benefits’ website.