NILICO is responsible for financing these insurance policies so unions and their members don’t have to pay a cent towards their cost. This provides the peace of mind that insurance coverage offers without the drawback of having to pay the monthly premium to gain that insurance.

National Income Life offers this program in order that they can contact members through direct mail and offer them further policy coverage. By negating the need to cold call and employ large teams of telephone sales agents, NILICO can continue to offer these benefits to all its partners.

Unions are able to offer members with free insurance, policy holders can cover themselves and their family, and NILICO benefits from the opportunity to offer extra insurance. It really is an all round winning situation.

All members of the union receive this free coverage, including retirees so the benefits are felt right across the board. Also, once the agreement is in place, National Income Life Insurance will discuss other possible insurance plans with the union and, if any are believed to offer possible advantage, general details will be mailed to union members. Interested recipients can then complete and return a simple form requesting information.

National Income Life Insurance is a 100% union based company so does not deal directly with individuals by using cold calling or similar methods. This means that union members receive hassle-free information while National Income Life Insurance representatives need not entertain the idea of having to cold call disinterested parties.

National Income Life provides union members and retirees with Accidental Death and Dismemberment benefits at absolutely no cost to the union or its members. This coverage is always in effect, whether the union worker is on or off the clock. The company goes even further by providing union members’ spouses and children with an additional Accidental Death Benefit.

In return for providing these free benefits, National Income Life just wants the opportunity to tell union members about their permanent benefit programs. Union members will be sent a postage-paid response card through the mail, to which they can use to receive more information. Only those who send in the response card will be given information about personalized supplemental benefits.

Members are able to access their account on National Income Life’s website. Changes can be made to a member’s name, address, and miscellaneous information. When members choose to receive additional benefits, they can have premiums automatically debited from their bank account. Or if members prefer to pay the bill online, a premium notice can be sent via E-mail. The website also gives members access to claim forms.