The AREA Life and Health Insurance Plan
January 21st, 2021 | Related To: Association of Real Estate Agents (AREA)
The Association of Real Estate Agents (AREA) is pleased to announce the launch of the AREA Life and Health Insurance Plan for its valued members.
The AREA Plan which will be administered by Risk Management Services Limited (RMS) with its coverage provided by Sagicor Life Inc., was launched on January 1, 2021 following an open enrollment period that commenced in November 2020.
The AREA Life and Health Insurance Plan offers:
- Comprehensive Health Insurance up to your 65th birthday
- Life Insurance up to your 65th birthday
- Accidental Death and Dismemberment up to your 65th birthday
- Critical Illness Coverage up to your 65th birthday
As a key advantage to many Real Estate professionals, Members were able to join the AREA Legacy Plan to access comprehensive Health Insurance up to their ninety-nineth (99th) birthday during the open enrollment period only.
Thereafter, members enrolled on either the AREA Essential or the AREA Advantage Plans can automatically transfer to the corresponding level of the AREA Legacy on their sixty-fifth (65th) birthday for continued health coverage up to their ninety-nineth (99th) birthday.
Mark Edghilll, President of AREA said “We recognised that many of our members and real estate professionals are self-employed and it is our goal through these plans to protect their wellbeing and that of their co-workers and relatives by introducing this new membership benefit, a Health and Life Insurance Plan exclusively designed for our members.”