AIIT Group Insurance Program

Group Hospital Indemnity Insurance

The AIIT Group Hospital Indemnity Plan offers extra protection for expenses incurred due to hospitalization, helping you rest a little easier during a difficult time by protecting your savings and retirement funds.

With this plan, you‘ll have access to the following if you or a family member is hospitalized*:

  • Up to $100 a day for up to 365 days for each period of confinement
  • Payments are made directly to you
  • Benefits begin on first day of hospitalization
  • Benefits are doubled for confinement in an intensive care or coronary care unit
  • Benefits equal to 50% of your selected benefit are payable for up to 180 days if you are confined to a convalescent facility after a hospital confinement of 15 days or more
  • Benefits are payable in addition to any other insurance you may presently have
  • Benefits can be used however you‘d like

*Certain coordination of benefits restrictions apply. Complete details, including features, costs, eligibility, renewability, limitations and exclusions are in the Certificate of Insurance.

Eligible to residents of the United States (excluding VT and U.S. Territories) and Canada (excluding Quebec). Certain restrictions apply.

New York Life Insurance Company

New York Life Insurance Company (New York Life) is a leader in the association group insurance field, providing life and health insurance plans for membership associations. The company has an enduring commitment to its customers' financial security. Regardless of the state of the economy or the stock market, New York Life bases its financial decisions on the guiding principle of serving its clients. New York Life has the highest possible financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody's Investors Service (Aaa), Standard & Poor's (AA+).*

New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico, and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the Plan details sections for current availability.

Address
New York Life
State of Domicile:  New York
NAIC ID #66915
51 Madison Avenue
New York, NY 10010 USA

*Individual independent rating agency commentary as of 8/1/17.