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Hurricane IKE Update
On Monday, September 22, the Texas Police Trust Offices reopened.
All systems are up and running and we are processing members' insurance claims in our normal one to two week turnaround time.
As Chairman, I realize this is a difficult time for all members and their families. We will continue to do our best to expedite the payment of claims in order to assist the membership.
The Trust has, and will, continue to work hand-in-hand with the HPOU providing both staff and financial support to officers' recovery effort.
Effective January 1, 2008, John Yencha will take over the position of Chairman
of the Texas Police Trust. Gary Blankinship will move to the President’s
position replacing Hans Marticiuc. Mike Hamby will replace Gary and serve alongside
Matt Calley and Tom Hayes.
The Texas Police Trust would like to thank Hans for
his years of service and dedication to the Trust and welcome Mike Hamby to
the Board of Trustees.
John Yencha is committed to moving the Trust forward
and improving our web site and overall communication. Comments and suggestions
can be sent to info@policetrust.com.
Texas Police Trust announces changes to the term life insurance program
Effective August 1, 2007, the rates for life insurance will change to a flat
.27 per thousand. In the past the rates have been age banded with younger members
paying less than the members over the age 45. The new rates will be easier
to administer and bring stability to the plan. The restructure will also come
with a two year rate guarantee.
Additionally, Prudential is offering a one time
opportunity for active members without coverage, who have not been previously
declined, to get additional coverage. An enrollment package will go out the
last week of July that will include a coverage overview, application, and payroll
form. Don’t miss this opportunity to
get an additional $50,000 in coverage for only $13.50 per month. This coverage
is available to you and your spouse. A child rider may be added for an additional
$4.00 per month that covers each child for $20,000 of life insurance.
Example
of $50,000 coverage:
Total Deduction: $31.00 per month
Most of us are under insured when it comes
to life insurance. Take a moment to review your coverage and take advantage
of this one time opportunity to get additional coverage with no medical questions
and no physical exam.
Life insurance is a product often overlooked by our membership.
Our current coverage through Prudential allows us to offer group term coverage
to our membership with only four medical questions. The coverage is the same
for: male or female, smoker or non- smoker, and does not require a medical
exam.
If you need additional information or higher amounts of coverage, please
call:
Michael Mitchell: 832-200-3411
Restrictions apply, see policy for detail.
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