How To Insure Students While Attending College

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1 The Nicholas A. Barlow Life Insurance Trust Administered by Hubbard-Bert, Inc.

2 The Story of Nicholas A. Barlow On January 8, 2013, Nick Barlow, in his final year of Pharmacy School at Lake Erie College of Osteopathic Medicine, passed away after an extended battle with cancer. Nick was universally recognized as a wonderful young man with extraordinary potential. We would like to share a little of Nick s story with you. After he graduated from Cathedral Preparatory School in Erie, PA, in 2008 Nick attended Gannon University and then went on to Pharmacy School at Lake Erie College of Osteopathic Medicine (LECOM), always in the top 1% of his class. He was also deeply involved in school, church, and community activities. The year before his death, Nick s mother lost her life after an extended illness. His concern for her and his selfless support for his father and sister took a heavy toll on his own health. Ultimately, Nick lost his battle. It was at this point Hubbard-Bert realized the importance of providing life insurance coverage for students and thus formed the Nicholas A. Barlow Life Insurance Trust in this young man s honor. Students don t typically think about things like life insurance. The insurance industry tends to overlook the needs of young adults who are still building the foundations for their futures. With the rising cost of higher education among young people, Hubbard-Bert, Inc. developed a unique life insurance product that would insure students while attending school. It is also designed in such a way that they can take it into their adult lives. The plan includes guaranteed issue term life insurance along with an assistance program so that students who need guidance have someone to talk to. See Benefit Grid for more information

3 Benefits like group life insurance can help you attract the high-quality students your school desires. Set your school apart By joining The Nicholas A. Barlow Life Insurance Trust you obtain access to the following: Low group life rates and unique benefits designed for today s students A high benefit maximum that protects families from lost income and the burden of repaying student debt Easy payment and participation all students receive coverage as part of the tuition Options to continue coverage after graduation Value-added services that can assist students with financial, legal, and travel issues and help them balance work, school and life The Nicholas A. Barlow Life Insurance Trust was developed to pool school resources for better group rates and benefits. Financial protection student borrowers need Earning a college degree opens the door to many rewarding opportunities. But many students also incur significant debt along the way. If the borrower dies, family members and co-signers could still be responsible for paying back loans. The benefit available through The Nicholas A. Barlow Life Insurance Trust can cover much of the average student s debt. After graduating, life insurance will be essential to help protect their family s security. Coverage is available after graduation, with no physical exam or health questions.

4 Hubbard-Bert, Inc. Hubbard-Bert, Inc. is an independent consulting firm specializing in employee benefit planning and services, established in The firm is comprised of 40 professionals whose average tenure is over 20 years. We have two additional divisions Benefit Administrators, Inc. (BAI) and Wealth Management and Pension Services and are proud to provide our clients with commitment, experience, and consistent communication and service. We are committed to placing our clients interests first by identifying and creating benefit plans that make the most sense for them today and in the future. We have developed an extensive network of valued professionals, and our services are strengthened through access to the country s leading insurance carriers and guidance from specialized legal and investment counsel in national financial centers. In the capacity of a full-service benefits firm Hubbard-Bert assists in claims, administrative services, labor negotiations, contract renewals, employee communications and market analysis.

5 Benefit advantages for your students Available Benefit Amounts Low Group Rate Easy Payment Portable Convertible Accelerated Benefit Security Account Value-added Services $100,000; $150,000; $200,000 and $250,000 With coverage spread among a number of educational institutions, students benefit from competitive rates. Included in tuition bill. Student can elect portable coverage and continue at the group rate after graduation. Student can convert to an individual policy when group coverage ends with no evidence of insurability required. If a student becomes terminally ill with a life expectancy of less than 12 months, he or she can access a living benefit of up to half of the face amount. For life claims of $10,000 or more, the designated beneficiary will have immediate access to the funds through a retained asset account. Funds will earn interest in the account until they are accessed. Life Planning Financial and Legal Resources Personalized financial counseling for survivors and terminally ill students, at no additional cost. Counseling can help students and families develop strategies to protect resources, maintain their lifestyles and build future security. Consultants will not sell any products or services. Work-life Balance Program A range of resources to help students find solutions for the everyday challenges of school, work and home as well as for more serious issues such as substance abuse, divorce, and other mental, emotional and physical hardships. Students can access master s level consultants and online library among other resources. Worldwide Travel Assistance Help with travel emergencies is just a phone call away whenever students travel 100 miles or more from home. For more information, please contact Hubbard-Bert, Inc. at

6 Help students look after their families by offering life insurance that s easy to get and easy to keep.