Life Insurance
The life insurance benefit provided to RNs through The Hartford Life Insurance Company is a minimum of $20,000 and a maximum of $50,000, and is computed by taking 150 percent of your current annual base compensation, to the maximum amount allowed.

The benefit is reduced by 35 percent when the RN reaches age 65 and by 50 percent at age 70. You may name anyone as a beneficiary. If you name more than one beneficiary and do not specify otherwise, the benefit amount will be divided equally among the named beneficiaries.

You name a beneficiary when you enroll in the Benefits Fund. You may change this designation at any time by sending a notarized letter to the Fund.

If you become disabled before your 60th birthday, your life insurance coverage will be continued during your disability, up to your normal retirement date, at no cost, as long as you submit annual proof of disability to The Hartford.

Living Benefits Option
A "Living Benefits Option" accelerated death benefit is available through your life insurance coverage and allows you to receive up to 80 percent of your life insurance benefit when you are diagnosed with a terminal illness by a physician and have 12 months or less to live. The minimum payment is $3,000 and has no restrictions on its use.

Accidental Death and Dismemberment and Loss of Sight
The Benefits Fund has contracted with The Hartford to provide RNs with this benefit. An AD&D benefit (up to the amount of your life insurance benefit) is payable to you or your life insurance beneficiary if you are accidentally injured or die as a result of an accident while insured. The benefit is paid at 100 percent or 50 percent of maximum benefit, according to specific loss.