September 10, 1991
TO: INVESTMENT ADVISER ASSOCIATE MEMBERS NO. 39-91
SMALL FUNDS MEMBERS NO. 10-91
RE: GROUP EMPLOYEE BENEFIT INSURANCE PROGRAM
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We are now entering our fourth year of the ICI sponsored
Benefit Source Trust, an employee benefit program for both
members and associate members. A number of Institute members now
participate in this program.
The Benefit Source Trust offers wide flexibility among the
available benefits from which to choose. While the program does
not offer packages, it offers carefully designed plans at costs
substantially lower than similar plans purchased outside the
Trust. Phoenix Mutual Life Insurance Company insures this Trust.
The program is offered to firms of all sizes. Groups with
fewer than ten (10) employees will need to complete health
questionnaires for each enrolling person. But there is a great
deal of flexibility with Phoenix, including the availability of
self-insurance for firms who qualify.
The enclosed brochure summarizes some of the highlights of
the Benefit Source Trust. For further information call or mail
the postage paid reply card to Hendrickson & Company, Inc., the
Institutes's marketing group for the Trust. You will be
contacted promptly with complete benefit and cost information
allowing you to accurately compare with your present program
Donald E. O'Connor
Vice President - Operations
Enclosure