What are the benefits of some Broadway actors being a member of Actor's Equity Association aka Labor Union?

Are there any differences being non equity actors and Equity Actors? If many Broadway casts members said they are proud to be member of AEA something something like... what types of Broadway Actors are eligible to be member of AEA??? Is being Actors Equity Association is better than non EQuity somehow? If then,... show more Are there any differences being non equity actors and Equity Actors? If many Broadway casts members said they are proud to be member of AEA something something like... what types of Broadway Actors are eligible to be member of AEA??? Is being Actors Equity Association is better than non EQuity somehow? If then, please explain...
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