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Summary Annual Report Life Insurance for 10/1/16 – 9/30/17

This is a summary of the annual report of the Iona College Life Insurance Plan (Employer Identification Number 13-3508093, Plan Number 502) for the plan year 10/01/2016 through 09/30/2017. The annual report has been filed with the Employee Benefits Security Administration, as required under the Employee Retirement Income Security Act of 1974 (ERISA).

Insurance Information

The plan has insurance contracts with Cigna Life Insurance Company of New York to pay certain life insurance and accidental death and dismemberment claims incurred under the terms of the plan.  The total premiums paid for the plan year ending 09/30/2017 were $135,429.

Your Rights to Additional Information

You have the right to receive a copy of the full annual report, or any part thereof, on request. The items listed below are included in that report:

1. Insurance information, including sales commissions paid by insurance carriers.

To obtain a copy of the full annual report, or any part thereof, write or call Iona College, the plan administrator, at 715 North Avenue, New Rochelle, NY 10801 and phone number, 914-633-2000.

You also have the legally protected right to examine the annual report at the main office of the plan: 715 North Avenue, New Rochelle, NY 10801, and at the U.S. Department of Labor in Washington, D.C., or to obtain a copy from the U.S. Department of Labor upon payment of copying costs. Requests to the Department should be addressed to: Public Disclosure Room, Room N-1513, Employee Benefits Security Administration, U.S. Department of Labor, 200 Constitution Avenue, N.W., Washington, D.C. 20210.