IUEC VIP
Voluntary Income Protection Plan
Discover all the new benefit options now available to help you protect your income when you can’t work due to an injury, illness, surgery, or death.
All benefit options offered here are guaranteed approved during open enrollment for all actively working, U.S.-Based, Puerto Rico and Guam, full-dues paying IUEC Members.
Enrollment Schedule
This is the last opportunity to enroll in 2024, for a coverage effective date of 1/1/2025. GET PROTECTED WITH THE IUEC’S VIP PLAN TODAY.
ENROLLMENT ENDS
Days
Hours
Mins
Secs
Enroll by December 19th, 2024 by 11:59PM HST for a coverage effective date of January 1st, 2025!
Hear from IUEC Members who have enrolled and received benefits under this plan
IUEC Power:
Introducing the IUEC VIP Plan
As IUEC Members, your strength and dedication are unparalleled. Every single day, you take on some of the most challenging jobs, putting your bodies on the line. Such commitment, over time, can take its toll. This is the nature of the hard, honest work that defines us. While we give our all, there might be instances when we need to step back, recuperate from an injury, or face unforeseen health challenges.
In recognition of your relentless effort and to support you during these challenging times, we’re proud to introduce the IUEC Voluntary Income Protection (VIP) Plan.
Short-Term Disability
Member coverage available up to $1,500 per week in $50 increments. Stackable with other eligible benefits, up to 100% of pre-disability earnings.
Long-Term Disability
Member coverage available up to $10,000 per month in $100 increments. Stackable with other eligible benefits, up to 70% of pre-disability earnings.
Life and AD&D
Member coverage available up to $500,000 in $10,000 increments. Spouse and Dependent life coverage available when Member life is elected.
Protect What Matters Most
Every IUEC Member deserves to be well-equipped and shielded from potential health obstacles. The IUEC VIP Plan is meticulously crafted to help if you’re unable to work due to an injury, illness, surgery, or death.
We strongly recommend that you dive deep into the details provided here and understand how this plan may safeguard the income you’ve tirelessly earned.
Your well-being is our priority. Equip yourself with the knowledge and protection you deserve.
Why the IUEC VIP Plan?
Consider your financial security. If ever there comes a time when you find yourself unable to work due to health reasons, this plan is here to help.
Inform Yourself
Please take a moment to explore this website. You’ll find comprehensive information regarding the benefits and costs associated with the IUEC VIP Plan. Should you decide to enroll, you’ll discover the process is simple, secure, and user-friendly.
Coverage that best suits you and your family’s needs
During the enrollment period we recommend you review all of the benefit options available and choose the coverage that best suits you and your family’s needs. The IUEC VIP Plan offerings include Short-Term Disability, Long-Term Disability, and Life and Accidental Death & Dismemberment Insurance. All offered coverages are guaranteed approved to eligible Members during open enrollment irrespective of your current health status or medical history.
Important information about this plan
IMPORTANT: The monthly cost for coverage is based on your age at the start of the coverage and will increase on the policy anniversary date after you move into a new age bracket. This benefits guide is tailored for IUEC Members aged 18-70+.
Participation in this program is voluntary, and the decision to enroll rests solely with the Members. Members are responsible for bearing all associated costs. A $2 technology fee is included in all listed monthly costs for the following coverages: Short-Term Disability and Long-Term Disability. A $1 technology fee is included in all listed monthly costs for the following coverages: Member Life and Spouse Life.
IMPORTANT: If you depart from the IUEC, opt-out of paying dues, or retire, you must notify the IUEC Service Center at (224) 487-5030. Not doing so within 90 days could delay or negate your eligibility for a refund. Members have 30 days to notify us of their retirement if they wish to port or convert their Life Insurance.
We encourage enrolled Members to thoroughly review the complete policy booklet, which can be requested by email to info@unionone.com.
This program is administered by Union One Benefits Administration.
This voluntary benefit plan is classified as a Safe Harbor plan and, as such, is not subject to the Employee Retirement Income Security Act of 1974 (ERISA). The IUEC does not contribute to the premiums for this plan on behalf of its Members, does not endorse the plan, and does not require Members to enroll in the plan. Furthermore, the Union receives no financial or other consideration in connection with the administration or promotion of this program.
For STD & LTD: These policies provide disability income insurance only and do NOT provide basic hospital, basic medical, or major medical insurance as defined by the New York State Department of Financial Services.
Group Insurance coverages are issued by New York Life Insurance Company, New York, NY. All Rights Reserved. NEW YORK LIFE, and the NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company.
