Everyone needs life insurance.
Contrary to popular belief, life insurance isn't just for parents. You need life insurance if anyone is financially dependent on you.

 

You've recently graduated from college.
You may have significant student loan obligations. If something were to happen to you, your loved ones would most likely be forced to shoulder that debt.

 

You're the parent of small children.
You want to make sure they'll be able to keep the same lifestyle and attend college—even if you're not there to see it happen.

 

Your grown children are on their own.
But your children may rely on you for support and help around the house. If you weren't there for them, your children would need extra money to pay someone to take care of things you've been managing for them.

 

Your spouse may be depending on your income for retirement.
But you're not sure your retirement savings is enough to keep up with a rising cost of living if your paycheck stopped. Life insurance can be a smart way to fill the gap.

 

Like many families, you rely on two incomes to make ends meet.
You'll need life insurance on both you and your spouse. Even if your spouse stays at home, you should consider life insurance on your spouse to cover the cost of hiring someone to take care of the things your spouse generally handles.

 

You want to be sure your children can protect their futures, too.

 

Most children's life insurance coverage contains an innovative feature that allows them to convert their term life protection to a permanent life insurance plan at a higher premium when they become adults. This ensures that your children can protect their own families—no matter what health problems they may develop.

 

Allstate Benefits is a leading provider of employee benefits. They are committed to delivering superior products and services with cutting-edge technology, exceptional customer service and compassionate claims administration. With over 40,000 groups in force and insuring more than three million employees, they uphold the GoodHands® promise every day.

 

Allstate Benefits is the marketing name of American Heritage Life Insurance Company, the underwriting company, and a subsidiary of The Allstate Corporation.

If the insured dies while the coverage is in force, the death benefit will be paid to their designated beneficiary. If the insured survives to maturity (attained age 95) and the coverage is still in force, the net surrender value is paid to the certificate holder and coverage terminates.

Yes. Suggested premiums at issue are based on the age at which coverage is effective. Coverage remains in force as long as the net surrender value is sufficient to cover the expense and cost of insurance deductions that are assessed each month. Premiums may need to be increased in later years to maintain coverage to maturity.

Employees can sign up for coverage if they are between the ages of 18 and 80. Because spouses are eligible for coverage, the same ages apply to spouses. An application for coverage for dependent children can be made up to age 25. 

Coverage begins on the issue date. As a new hire or with a Qualified Life Event, coverage begins the first of the month following the enrollment or life event date.

You can continue coverage for yourself and your dependents (whether or not the plan stays active) as long as you make premium payments directly to Allstate Benefits. Payments need to be received by Allstate Benefits within 30 days of the plan termination date (portability).

You can obtain a claim form by visiting the Allstate Benefits website at https://www.allstatebenefits.com/Individuals/Resources or by calling Allstate Benefits at 1-800-521-3535.

Claim payments are sent to your beneficiary unless otherwise assigned to someone else. Visit https://www.allstatebenefits.com/Individuals/Resources to obtain the appropriate form.