The DSRA Benefit trust offers term life insurance for salaried retirees of Delphi and your spouse/domestic partner. The plans premiums are 100% retiree-paid. Mercer is the voluntary life plan administrator servicing the life insurance policies offered through Reliance Standard. Mercer is responsible for the application process, policy changes, billing, premium collection and the initiation of a claim and can be contacted at 1-877-336-DSRA (3772)
Once enrolled, your policy will continue every year without any action required on your part. Rates do change every 5 years on insured’s birthdays ending in a zero or 5. Retiree coverage must be in effect to maintain spouse/domestic partner coverage. If the retiree pre-deceases the spouse, the spouse coverage ends concurrently with the retiree’s coverage.
There is a $4.50 monthly administrative fee per household to cover Mercer and DSRA-BT expenses. There will be a 6% premium price increase for 2017. There will be no price increase for 2018 unless you move up an age band as previously described.
This is a Group Life Plan, and as such, does not issue an individualized Certificate of Insurance. We strongly recommend that you print the Certificate of Insurance 1 Page document (link below) and maintain in your life insurance file. Please record the face value of your policy and the Mercer name and phone number on the document. This will assist greatly with your estate handling.
New applicants may apply at any month during the year.
PLEASE NOTE: These plans are totally separate in all aspects from the term life plans offered through MetLife that you may have maintained after leaving Delphi. Mercer cannot assist you with your term life policy offered through MetLife. You must contact MetLife. Please refer to the MetLife information found in the previous drop down menu.
In this section you will find information on the following:
1. Highlights of Insurance Plan Policy Provisions
2. Frequently Asked Questions
3. Reliance Standard 2017 Premiums
4. Application and Statement of Health Forms - Required
5. Life Insurance Claim Process Instructions
6. Certificate of Insurance - Reliance Standard
7. Link to all files