The death of a family member or close friend can be a painful and confusing time. It may require you to file for life insurance benefits, change beneficiaries on existing policies, and notify various plan sponsors. During this difficult time, you don’t want to overlook some important steps you’ll need to take to ensure the financial well-being of yourself and those who count on you as well. Below you’ll find information regarding the steps that should be taken in the event a family member dies.
CTA Voluntary Group Life Insurance Plan
If the deceased was covered under the CTA voluntary group Life or Disability insurance plan, be sure to file a claim for benefits. For more information, call The Standard dedicated Member Services Center at (800) 522-0406.
If the deceased was covered under any other life insurance plans, be sure to file a claim under those plans, too.
You should also consider whether your current level of coverage under this Plan is still appropriate. Depending on the circumstances, it may be appropriate to increase or decrease your coverage amount. Through CTA’s endorsed provider, The Standard, whenever you have a Family Status Change (birth/adoption, marriage/domestic partnership, divorce/dissolution, death of your spouse/domestic partner or child) you have 31 days from that date to make adjustments to your Life and Disability plans with no evidence of good health required.