2018 NJ State PBA
Main Convention
It’s a Wonderful Life Insurance
New program for NJSPBA offers coverage that benefits all members
■ BY MITCHELL KRUGEL
The line outside the meeting room at the Boca Raton Resort
& Club, where members gathered for the NJ State PBA Conven-
tion, started to lengthen. On the morning of convention day
two, members might have been assembling to partake of the
breakfast buffet.
But something more appetizing was in the offering.
Eric Murtha and Joe Ablahani from the insurance broker
Capital Benefits LLC had members from Locals across the state
signing up to find out more about the security blanket of a pro-
gram they have created just for the PBA. The day before, Ablah-
ani and Murtha introduced the Capital Benefits Life Insurance
Plan during a presentation to the convention. And after they
concluded presenting their program, for which no active mem-
ber can be denied, PBA President Pat Colligan emphasized to at-
tendees, “There are members of all your Locals who really need
this.”
Consequently, the line at the Capital Benefits table formed
shortly after the presentation, grew throughout that day and
regenerated the following morning. The only line longer might
have been the one outside the meeting hall after the convention
meetings concluded, when Capital Benefits offered to buy cold
beverages to quench a sweltering and humid Florida afternoon.
46
NEW JERSEY COPS
■ OCTOBER 2018
Eric Murtha (left) and Joe Ablahani of Capital Benefi ts LLC presented a new
life insurance plan to PBA members.
“There’s no medical exam required to get this life insurance,”
Ablahani repeated several times during the presentation.
“No questions asked,” Murtha added. “If you apply outside of
the program, you have to take a physical. They will draw blood,
and if you have high cholesterol, they will use that to jack up
your rates.”
High cholesterol, high blood pressure and high stress might
be ailing many law enforcement officers these days, given the
challenges that take place on the beat and within the depart-
ment. So Capital Benefits is pitching this life insurance not only
as relief, but really as protection that every PBA member and his
or her family cannot afford to be without.
Here’s another pre-qualifier stunner courtesy of the Capital
Benefits Life Insurance Program: Any member who has ever
had a heart attack would be otherwise uninsurable. But now, no
matter the ailment, members can get $125,000 in life insurance.
Spouses can get up to $15,000, and children of members will be
eligible for $25,000.
So, what’s the catch, you ask?
Well, there’s a one-year window to sign up with no medical
exam. Open enrollment begins in January 2019.
This is permanent whole life insurance, so the premiums will
never get any higher than what they will be when enrolling. And
the younger you are, the cheaper it will be, because of locking
into the rate.
The policy also will have cash value, so holders can borrow
against it. And payment is not taken through a payroll deduc-
tion, so the program does not involve employers. Plus, a long-
term care rider is available to provide monthly benefits.
The good news is that there will no waiting in line to sign up.
That’s because Murtha and Ablahani will be making the rounds
to Local meetings between now and the end of the year to pro-
vide all the details. And they will be sending enrollment teams
out to all shifts in January to facilitate registering.
More information can be obtained by calling 973-808-2626 or
emailing [email protected].