Apply for benefits amounts up to $1,000,000. QuickDecisionSM underwriting is available* on amounts up to $500,000!
*May not be available in all states.
Life insurance can be one of the cornerstones of financial planning. In the event of an unexpected or premature death, the ASME Group Term Life Insurance can help provide the financial security your family needs. This life insurance helps make sure they’ll be able to meet current expenses—such as mortgage and car payments—as well as future expenses such as college tuition.
Living Benefit Option ("Accelerated Death Benefit") Enables you to apply for a portion of your benefits if you qualify as being terminally ill, subject to certain policy restrictions and limitations. These benefits are paid directly to you, and you may spend them any way you wish.
NEW! QuickDecisionSM Group Term Life Online Tool
ASME, New York Life Insurance Company and Mercer Consumer are pleased to announce QuickDecisionSM—a secure, fast and easy way to apply online for Group Term Life coverage.
With this new tool, you can apply* for amounts up to $500,000 in ASME Group Term Life Insurance:
Need more? You can still save time and apply online for amounts up to $1,000,000 and we'll follow up quickly about required information.
*IMPORTANT NOTE: If you are not approved for coverage under the QuickDecisionSM tool you can still obtain coverage through the online process, which may require medical exams and other information. QuickDecisionSM is not available to residents of MO, MT, UT and Puerto Rico. These residents can still apply online, and will be contacted for required information.
Underwritten by New York Life Insurance Company, under Group Policy No. G-8700-1, on Policy Form GMR-FACE /G-8700-1.
Insurance Application & Additional Forms
These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.
Answers about the program, including eligibility, options, customer service and more.
How do the rates work on the insurance coverage?
AMOUNTS OF INSURANCE AT MEMBER AGES 65 THROUGH 99* |
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The amount of life insurance for you and your spouse is based on your age at last birthday, and decreases on the semiannual premium due date (May 1 or November 1) coinciding with or immediately after you enter a new age category. After member age 65, coverage decreases for each $10,000 member and spouse option of insurance. Premiums do not reduce. (The amount of children's insurance does not decrease.)
Member's Age | Member/Spouse $10,000 Option |
Under 65 | $10,000 |
65-67 | $7,500 |
68 | $5,200 |
69 | $4,800 |
70 | $4,400 |
71 | $4,000 |
72 | $3,700 |
73 | $3,400 |
74 | $3,200 |
75 | $3,000 |
76 | $2,800 |
77 | $2,600 |
78 | $2,400 |
79 | $2,200 |
80 through 100 | $2,000 |
*Coverage terminates at member's age 100. Group Conversion Privilege.
Benefit option amounts are not guaranteed and are subject to change by agreement between New York Life Insurance Company and the Trustee of Life Insurance Coverage for members of ASME.
How long does the application process take? When will my coverage become effective?
Do I have to take a medical exam, blood test, etc.?
Can coverage continue if I am out of the country?
Who recommends/approves benefit changes or premium changes?
Who is Mercer Consumer, the Administrator of the Program?
Who is this coverage underwritten by?
This coverage is underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010, under Group Policy No. G-8700-1, on Policy Form GMR-FACE/G-8700-1.
About New York Life Insurance Company
We're here to help! Please contact us in whatever manner is most convenient for you.
Program Administrator
Address Program Administrator Mercer Consumer 12421 Meredith Drive Urbandale , IA 50398 |
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Phone 1-800-289-2763 |
Hours M-F 7:30am-6pm CT |
Email asme.service@mercer.com |
Application Mailing Address
Address Administrator, ASME Insurance Program P.O. Box 10374 Des Moines , IA 50306-8812 |
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Payment Mailing Address
Address Administrator, ASME Insurance Program P.O. Box 10425 Des Moines , IA 50306-0425 |
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