SEARS Retirees that Lost their Life Insurance MUST read this!

BUFFALO, N.Y. - March 28, 2019 - PRLog -- this month, an undisclosed number of Sears' 90,000 retirees learned the retailer had ended their life insurance benefits.

The unwelcome news came in a letter notifying eligible retirees that their life insurance benefit had been canceled March 15, said Ron Olbrysh, who chairs the National Association of Retired Sears Employees, or NARSE. Olbrysh said he received the notice March 20. It offered retirees the option to convert into a whole life policy all or a portion of the prior amount of their group coverage that Sears was paying for (not to exceed $10,000).

When Sears Group Life Insurance coverage for their employees terminates, you can convert all or part of your life insurance coverage with no medical exam required.  Your premiums will change because you no longer will receive a Sears contribution toward your premium and because you are no longer part of an insurance pool with other enrollees.

Mintco Financial Life Insurance Independent Specialists in Life Insurance Policy Conversions

Life Insurance Conversion Specialists: Group Life Insurance to Individual Life Insurance

"We will review your options,you may be able to convert the policy to a permanent policy without evidence of good health.

If your health has deteriorated since the term policy was issued, this may be a good option for you", says Minter from Mintco Financial.

Call us at 813-964-7100 or 716-565-1300

Email us info@mintcofinancial.com

www.MintcoFinancial.com