National Benefit Life Insurance Company

National Benefit Life Insurance Company (NBL) commenced doing business in 1963 as "Beneficial Nationwide Daily life Insurance Organization." We are a niche corporation with innovative ideas helping businesses and families with their insurance wants in all 50 states. 

NBL is one of the largest underwriters of State Disability insurance policy, covering in excess of 500,000 lives for approximately 50,000 employers. We also specialize in Student Life insurance policy with in-force face quantities of approximately $5 billion insuring 300,000 policyholders. Additionally, NBL underwrites term existence insurance policy offered by Primerica Financial Services Agents in New York State and currently has in-force face amounts of over $30 billion.

In search of the best business to cover your insurance policies requirements can get quite confusing. You will discover hundreds of insurance policies corporations both regional and national that have diverse, and even opposing, insurance policies when it comes to coverage. One of many ideal reviewed organizations is the National Benefit Life Insurance Company plan Firm (NBL). It has received strong ratings from the Insurance policies Marketplace Standards Association, Standard & Poor's, and A.M. Very best. It has also received a myriad awards from independent customer organizations around the country. Now the big question is: Does it live up to expectations?

The Organization

Situated in Long Island, New York, NBL is a subsidiary of Primerica, one of the biggest financial services in the country. NBL has more than $30 billion face quantities on record and this keeps on growing as more and more people seek lifestyle insurance from them. NBL currently covers more than half a million individuals working for thousands of employers. NBL operates on a nationwide level, covering companies from all 50 states.

Nationwide Benefit offers many different term life policies. This is existence insurance that is designed to protect your dependants financially for a certain period of time. This is especially important if you're just starting a family, if you've just purchased a house, or if you have some other type of debt or expense you're worried about paying, like paying for your child's college expenses.

Disability Benefits

NBL started in 1963 under a diverse name. Fifty years later, they have developed a specialty on state disability, student insurance policy, health, and accident insurance policies. Of particular interest to quite a few New Yorkers is NBL's insurance policies on disability claim. Unique states have various statutory disability benefits laws. New York, in particular, requires employers to pay their employees weekly benefits if they ever had an illness or injury that is non-work related. If you have been with the business for more than 30 days, you may file a claim for your condition.

Although the NY Disability Benefits Law generally covers employees who work in New York, you'll find a few exceptions such as when your company's headquarters is located in this state of if you're performing services for someone in it. Disability claim can be obtained provided you have the right documents from your doctor.

Businesses who are interested in getting a disability insurance coverage quote from the National Benefit Life Insurance Company can head out to their website and fill out the application form. You will be asked basic information such as your company's legal name, address, and intended date for the policy. The website also has a toll free number that it is possible to call if you have further questions.

What's DBL (New York Disability Benefits Law)

Answer. The New New York Disability Benefits Law (DBL) mandates the payment of weekly cash rewards to wage earners who're disabled as a result of a non-occupational injury or illness.

DBL is distinctive from the Workers Compensation, which mandates positive aspects for occupational injury or illness.

Along with New York, four states - California, Hawaii, New Jersey and Rhode Island - and the territory of Puerto Rico have statutory disability benefit laws. Every single jurisdiction has its own exclusive laws and benefit requirements.

The "Statutory Plans Around the Country" chart outlines the needs and positive aspects for each and every state.

Who have to give DBL?

Answer. With a few exceptions, a brand new York State employer who employs at the least 1 person for at the very least 30 days in any calendar year becomes a "covered employer," four weeks immediately after the 30th day of such employment. This includes employers of one or additional private or domestic personnel who function at least 40 hours a week in their private dwelling.

Sole proprietors and partnerships whose only employee is really a spouse are covered employers and needed to offer coverage - unless they elect to exclude the spouse. In this case, they should notify the Workers Compensation Board by filing form DB-212.five Notice of Election to Voluntarily Exclude Spouse Coverage.

Corporations with one or two corporate officers who are the sole shareholders and have no other employees aren't required to have coverage. On the other hand, they develop into covered employers when they employ an employee, and need to acquire coverage.

How does and Employer acquire New York Disability Benefits Law coverage?

A. Disability Rewards Law insurance may be provided by means of approved insurance carriers, self-insured plans or the State Insurance Fund. In New York, the majority of employers are covered by private carriers.

To acquire coverage from a private carrier, an employer should really get in touch with their insurance broker or agent inside 10 days of becoming a covered employer and request he/she obtain a DBL insurance policy on their behalf.

An employer who chooses to self-insure should 1st get approval from the Workers’ Compensation Board.

What Rewards are paid below DBL?

A. A disabled employee will obtain 50% of his average weekly wage - according to the last eight weeks of earnings - to a weekly maximum of $170. Positive aspects are paid beginning using the eighth consecutive day of disability and continue for a maximum of 26 weeks in the course of any consecutive 52 week period. The minimum weekly benefit is $20, or the typical weekly wage if much less than $20.

DBL is strictly a plan of partial salary replacement and does not reimburse medical costs.

If an employee works for two or additional employers, he can not collect far more than the maximum New York Disability Benefits Law benefit. The benefit payable is in proportion to his earnings from each and every employer.

State Disablility Insurance with National Benefit Life (NBL)

NBL ‘ s friendly and knowledgeable consumer service specialists are content to answer any questions and offer your enterprise with a rate quote. Your insurance representative will assist you to locate the best coverage for your groups requires. In an effort to make the quote approach a lot more effective, make sure to have the following facts:

NY DBL (1-49 staff)

Groups this size are community rated, meaning exactly the same rate is charged to all workers.

Check Rates:

New York Statutory DBL Insurance

Monthly Per Capita Rates

1-49 staff NEW: $1.30 $3.45

(billed annually in advance)

10-49 personnel $2.90 $6.35

(billed quarterly in arrears)

Partner, Proprietor $9.50 $9.50

or Member (voluntary coverage)two

Minimum policy premium $20 per quarter or $80 annually.

National Benefit Life offers low premium rates offered 1-49

staff, rapidly policy issue, competitive commission, paid monthly, economic strength - A.M. Very best rated A

(Superior), NBL DirectTM - instant claim details

offered 24/7, (800) 535-2710, swift competitive quotes for groups

with 50 or far more personnel.

For much more facts,get in touch with your Natinal Benefit Life Insurance Firm General Agent,

upstate marketing representative,or the Home Office at (800) 535-2711

Upstate Marketing and advertising Representative • (716) 652-4604

Paul Borowiak, Regional Sales Mgr . . . paulborowiak2000@yahoo.com

Household Workplace • (800) 535-2711

Kathleen D’Elia, VP Underwriting . . kathleen.delia@primerica.com

Greg Ranieri, Underwriter . . . . . . . . . gregory.ranieri@primerica.com

Elaine Walker, Manager . . . . . . . . . . elaine.walker@primerica.com

Sheila Wyse, Sr. Vice President . . . sheila.wyse@primerica.com

NEW Enterprise:

Email: newbusiness@nationalbenefitlife.com

Tel No: 1 (800) 535-2711

Fax No: (800) 584-9370

To Apply: Total Application now!

Here is some facts you will need to have:

Legal small business name

NY location and mailing address, if different.

Details on the sort of home business

Policy productive date

Federal Tax ID and unemployment insurance number

The number of male and female workers

NY DBL (50 employees)

For NY providers with 50 or extra employees, acquiring a quote is very simple.

To obtain a Quote: Total "DBL Speedy Quote" now!

Here is some information you’ll require:

Last 3 years paid claims

You can get this facts from

Third-Party Sick Pay reports OR

Loss Run from your current DBL carrier

By far the most recent completed premium report

Rate history

The number of male and female workers

Census report, if available

NJ TDB (25 staff)

For NJ providers with 25 or much more employees, obtaining a quote is very simple.

To obtain a Quote: Total "TDB Speedy Quote" now!

Here is some facts you will need to have:

If At present Insured by way of State strategy

The number of male employees/number of female workers

The number of fulltime/parttime personnel

Past 4 years Form AC174.1 (Notice of Employer Contribution Rates)

If At present Insured by way of Private plan

Similar as DBL 50 specifications above

Our underwriting staff can answer any questions and deliver you with a quote which will most effective fit your desires.

UNDERWRITING:

E-mail: underwriting@nationalbenefitlife.com

Tel No: (718) 248-8797

Fax No: (800) 584-9370

Summary of National Benefit Life Insurance Corporation

National Benefit Life Insurance Organization is usually a Stock firm that was incorporated in 1962. National Benefit Life Insurance Business can be a Life insurance organization and has assets of $721,467,027, capital of $2,500,000, and net surplus of $314,359,102.

National Benefit Life Insurance Firm (NBL) commenced doing enterprise in 1963 as "Beneficial National Life Insurance Enterprise." We're a niche company with innovative concepts helping businesses and families with their insurance requires in all 50 states.

NBL is among the largest underwriters of State Disability insurance, covering in excess of 500,000 lives for roughly 50,000 employers. We also specialize in Student Life insurance with in-force face amounts of roughly $5 billion insuring 300,000 policyholders. Moreover, NBL underwrites term life insurance supplied by Primerica Agents in New York State and currently has in-force face amounts of more than $30 billion.

Our superior monetary strength and our "Customers First" attitude have helped us become an market leader.

The president of National Benefit Life Insurance Business is Raul Rivera , the treasurer is Krystyna Teresa Grabowska, and also the secretary is Elliot Wohl . National Benefit Life Insurance Company insurance plans incorporate wellness, life, and annuities.

National Benefit Life Insurance Enterprise is located in Long Island City, NY along with the phone number for National Benefit Life Insurance Corporation claims, customer, service, and additional info is (718) 248-8000.