ACEC Benefits
ACEC Trust Programs
- Business Insurance
- Life/Health Insurance
- Retirement Programs
ACEC’s Trust Programs are designed to enhance your membership investment by helping to control your firm’s costs. Programs are available for business insurance, life/health insurance, and retirement plans. The ACEC Trusts have created partnerships with reputable administrators and plan providers that offer valuable services with quality and competitive prices. In addition to providing business savings, these programs make for an attractive employee retention program in which individual employees benefit from your ACEC purchasing power.
In order for an engineering firm to take advantage of these excellent business opportunities you must become a member. ACEC membership is available through one of the 51 state and regional councils, called Member Organizations. Click on Join ACEC/MO to begin your first steps to savings for your business. For membership information, call 573-634-4080 and ask for Dawn Hill.
For additional information on ACEC’s Trust programs, contact Charles Kim at 202-347-7474. ACEC members can achieve further savings through ACEC’s Discount Programs. Click here for more information on these programs or contact [email protected].
ACEC Business Insurance Trust
The ACEC Business Insurance Trust oversees a program that provides business and professional liability insurance coverage for participating ACEC member firms. The program offers policyholders tailored coverage along broad policy terms and conditions. Program coverage includes automobile liability and physical damage; workers’ compensation; and the “Spectrum” package policy affording protection for buildings, business personal property, money and securities, business liability, equipment breakdown, computers and media. Catastrophe liability protection is available through umbrella coverage. The plan underwriter is The Hartford, and the plan administrator is Greyling, a division of EPIC.
The Trust has authorized the administrator to work with member firms to help them determine the most appropriate professional liability coverage available to them. Neither ACEC nor the Trust endorses any one PLI provider. Rather, the objective is to offer a choice of providers for PLI coverage. Under the Deductible Assistance Program, the BIT may be able to defray all or part of your firm’s deductible for automobile or property claims if you are an ACEC member in good standing and participate in the BIT program. Once your claim is submitted and processed by the Hartford, you can request the return of your deductible amount up to $1,000 per claim. Click here to download the form needed to request deductible assistance from the BIT for processed property and auto claims.
Further information about the ACEC BIT Program can be obtained by visiting the BIT’s website at the following address: https://acecbit.org/.
ACEC Life/Health Insurance Trust Life and Health Insurance, by Engineers for Engineers
Since 1965, the ACEC Life/Health Trust has provided high quality employee benefits and exceptional value to ACEC member firms (1,500 firms and 100,000 members). We have a broad network of providers, plan options, and value-added services as we strive to make engineering the healthiest industry in the United States. Contact us today for more information on how your firm can join the ACEC Life/Health Trust.
The Trust’s Healthcare Solutions Include:
The Trust also provides a complete portfolio of value-added services available at no additional cost to member firms on a Trust medical plan. These services include:
Leverage, Strength & Stability Member firms are backed by the group purchasing power of more than 1,600 firms and 90,000 participants. The Trust holds over two times the industry standard for financial reserves in excess over anticipated claims. And, their financial strength equates to long-term rate stability and an enhanced value proposition for every member firm they serve.
The fact is, the Trust truly believes that engineers deserve better. With a broad network of physicians, health care professionals and hospitals serving members nationwide, and a vast portfolio of traditional and consumer-driven plans to serve ACEC member firms at every level, the Trust provides significant peace of mind in a volatile healthcare environment.
When it comes to life and health insurance, no one knows or consistently meets the needs of ACEC member firms better than the Trust.
ACEC Life/Health Trust…You Belong! To find out more about the Trust, or to receive a no-obligation quote, please send an email to [email protected]. Existing Trust employers and members can find more program information at www.aceclifehealthtrust.com. For questions, contact John Krebsbach at [email protected].
ACEC Retirement Trust
The ACEC Retirement Trust oversees a program that provides retirement plans for participating ACEC member firms. Firms in any national category of membership are eligible for this program. Seven Trustees, made up of senior members of participating firms, oversee the Retirement Trust. The Trustees have selected nationally known consulting firms in the areas of ERISA compliance, investment selection and monitoring, participant education, and recordkeeping to assist them in the operation of their program. For program members, the Trustees assume a significant portion of the required fiduciary protection of each member’s plan, thus allowing firm personnel to spend more time on their engineering expertise and less on the retirement readiness of their employees.
Trust participant education is provided through webinars, newsletters and flyers and is available to participants 24/7 through websites and major social media channels. Call centers are provided where Plan Sponsors and participants can talk to live experts to assist with their questions and needs. Local representatives are assigned to each plan to assist with face-to-face questions and on-site education where desired.
For additional information regarding the Trust or its programs, please contact the Trust’s Executive Director:
Bruce McFarland, Executive Director 1510 Woodstock Road Roswell, GA 30075
The ACEC Staff Liaison for the Trust is Charles Kim. He can be reached at (202) 347-7474. Please visit the Retirement Trust’s website at the following address: www.acecrt.com.
|