Life Insurance (Clergy)
It’s important to make provisions for the financial security of loved ones we leave behind. That’s why The Texas Annual Conference of the United Methodist Church (TAC) provides life insurance benefits through American United Life at no cost to you.
Who is eligible?
All clergy, lay employees of the TAC (whose salary-paying unit is the TAC's fiscal office) and retirees who participate in TAC Group Health Benefits are eligible for this coverage.
How life insurance works
- When you sign up for your TAC health benefits, you’ll use the same form to designate a beneficiary for life insurance. You’ll need the beneficiary’s birth date and Social Security number.
- If you have a life change (marriage, divorce, birth of a child, etc.), you can change your designated beneficiary at any time by signing a new beneficiary designation form.
- Upon your death, your beneficiary will receive a check from the insurance company.
- Included with your life insurance policy is accidental death and dismemberment (AD&D) insurance, which pays an additional, separate benefit if you die or are seriously injured (loss of a limb or eyesight, for example) in an accident. In the event of a covered injury, the AD&D benefit is paid to you.
Your life insurance schedule of benefits
|Under age 65||Benefit amount|
|After your 65th birthday, you’re no longer covered by AD&D insurance and your life insurance benefits will be reduced as shown:|
|80 and older||$2,000|
Want to know more?
- Insurance Certificate — Clergy (class 004)
- Insurance Certificate — Retiree (class 002)
- Insurance Certificate — Laity (class 001)
- If you have questions...