:: GAWDA Group Life Insurance Consultant
 

MISSION STATEMENT

David E. Irving
10 Pembroke Drive
Media, PA 19063-5361
(610) 566-4851
FAX: (610) 566-3257
e-mail: davebarbirving@aol.com 

In 1959, Dave Irving, a Travelers Insurance Company Employee Benefits Representative in Philadelphia, helped to initiate the GAWDA Group Life Insurance Plan along with GAWDA officers and Fernley and Fernley, who became the Plan’s Administrator. Upon his retirement from Travelers in 1993, GAWDA hired him as their Group Life Insurance Consultant. When Travelers sold their Employee Benefits business to Metropolitan Life Insurance Company in 1996, Met Life became GAWDA’s Insurance Carrier.

In 1959, Dave Irving, a Travelers Insurance Company Employee Benefits Representative in Philadelphia, helped to initiate the GAWDA Group Life Insurance Plan along with GAWDA officers and Fernley and Fernley, who became the Plan’s Administrator. Upon his retirement from Travelers in 1993, GAWDA hired him as their Group Life Insurance Consultant. When Travelers sold their Employee Benefits business to Metropolitan Life Insurance Company in 1996, Met Life became GAWDA’s Insurance Carrier.

The five Insurance Trustees, elected for 5 year terms, represent each of the GAWDA geographical zones. Working with Dave Irving, the Group Life Insurance Consultant, they monitor the claims experience, dividend projection and employee participation in the Met Life Group Life Insurance Program.

It is their objective to investigate, and in some instances improve, benefit levels, maximize financial results for the good of the participating companies, and encourage association members to join this successful program.

Click here to view the GAWDA MetLife Brochure

 

 

INSURANCE NEWS

7/5/06 - GAWDA Group Life Insurance Announces Record Dividend

 

 

GROUP LIFE PLAN FACTS

Effective Date: 1959

Insurance Carrier: Metropolitan Life Insurance Company

Total Benefits paid to Beneficiaries during Plan History: $22,000,000

Insured Companies: 125

Insured Employees: 5,300

Insured Dependents: 3,700

Employee Insurance: $335,000,000

Dependent Insurance: $45,000,000

Annual Premium: $1,500,000

5 Year Average Dividend: 21%

SUMMARY OF BENEFITS PROVIDED

Employee Life Insurance: Choice of 1, 1.5, or 1.75 times W-2 annual earnings

Accidental Death & Dismemberment: Twice the amount of Life Insurance

Occupational Death & Dismemberment: 3 times the amount of Life Insurance

Benefit Maximum: Life - $250,000, AD&D - $250,000 additional,
OccAD&D - $250,000 additional; Total Maximum - $750,000

Dependent Life Insurance: Spouse - $10,000
Children - $2,000 (6 months to 19 years)
$ 500 (15 days to 6 months)

Accelerated Life Insurance Benefit: Up to 50% for terminally ill employee

Wellness Program: 1. "Take Care of Yourself" book for each employee
2. "Vitality" monthly wellness magazine for each employee

HOW TO OBTAIN A PROPOSAL/QUOTATION

To obtain a Plan Proposal/Quotation for your company, please print the Request For Proposal 
and fax it to the GAWDA at 215.564.2175.

 

© 2010 GAWDA Headquarters
100 North 20th Street, 4th Floor
Philadelphia, PA 19103
ph: 215.564.3484 fax: 215.963.9785
gawda@gawda.org