Your benefits begin on the first day of a covered confinement in a hospital or skilled nursing facility and last up to 365 days maximum for a single confinement.

 

Note: Successive periods of covered stays must be separated by 180 days or more during which the covered person is not confined in a hospital or skilled nursing facility as a results of the same or related injury or sickness. Covered stays separated by less than 180 days as a result of such injury or sickness are considered a continuation of the previous covered stay for the purposes of determining any maximums.

As long as you are an active ASME member, under age 80, residing in the U.S. you are eligible to apply for this coverage and not insured under any other Hospital Indemity group policy. Your lawful spouse or domestic partner under age 80, and your unmarried dependent children under age 26 are also eligible.

 

Note: If both parents are insured as members, only one parent may request coverage for eligible dependents.

A pre-existing condition is any injury, pregnancy or sickness for which a person consulted a doctor, received any medical services or supplies or took any medication during the 12 months (6 months for residents of Montana) immediately before becoming covered under this policy.

Benefits will not be payable for any confinement due to a pre-existing condition until the earlier of: 12 consecutive months during which the covered person has not consulted a physician, taken medication, or received medical services or supplies, or: 24 months.

Your coverage will remain in force as long as you remain an active ASME member, you pay your premiums when due, you don’t request to end your coverage and the group policy is not terminated or modified so you are no longer eligible. There is no termination age with this policy. Insured spouse coverage ends when they cease to be a lawful spouse or when they become an insured member. Insured dependents can retain their coverage as long as they meet the dependent status requirements and you remain insured. The Group Policy may be terminated by ASME or by New York Life Insurance Company. Coverage for your dependent children will end when they reach age 26.

Premiums can be paid via electronic fund transfer. You can pay monthly, quarterly, semi-annually or annually.

This policy is underwritten by New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010, under Group Policy No. G-30990-0, on Policy Form GMR-FACE/G-30990-0.

30 Day Free Look
You will have 30 days to look over your Certificate of insurance. If for any reason you are not 100% satisfied you may return your Certificate, without claim, within 30 days of your effective date and you will be provided a full and complete refund of any premiums paid. Your coverage will then be invalidated.

 

The ASME insurance trust incurs costs in connection with this policy. To provide and maintain this valuable membership benefit, it is reimbursed for these costs. ASME also receives a fee for the license of its name and logo for use in connection with this policy.

About New York Life Insurance Company