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Group Term Life Insurance Benefit

Guarantee issued, group term life insurance benefits are available to any member with no medical information required. Options of $10,000 or $20,000 benefit, depending on plan.

Group Term life insurance benefits are underwritten by Guarantee Trust Life Insurance Company, an A-rated carrier, who has been doing business for more than 80 years.

Membership with Group Term Life Benefits

One of the premiere benefits of your membership in the Association is the Group Term Life Insurance. Life insurance is one of the most cost-effective ways to safeguard the dreams of future generations. While you could never be replaced, life insurance can help your family weather the financial burden resulting from a loss of income due to your death.

Group Term Life Insurance Benefit

$10,000

$20,000

Waiting Period

12 Months

12 Months

Accident Only Coverage during waiting period

$10,000

$20,000

Primary Member ages 18-69

$10,000

$20,000

Primary Member ages 70-74

$5,000 + $5,000 Accident Only

$10,000 + $10,000 Accident Only

Accident Only Coverage for Primary Member ages 75+

$10,000

$20,000

Your life insurance coverage benefits are payable after a Waiting Period of 12 months. During this Waiting Period, benefits are provided for Accidental Death only when death is due to accidental causes. After 12 months of continuous active membership, benefits are provided based on your attained age as reflected in the benefit tiers shown above.

Spousal benefits are 50% of the Primary Member's term life insurance benefit, subject to the waiting period and attained age benefit tiers shown above. Child benefits are 25% of the Primary Member's term life insurance benefit.

Group Term life insurance offers effective protection for times when your family needs it the most. Restrictions may apply.

*See Disclosures and Terms

Not available in AK, AR, FL, ID, LA, ME, MD, MA, MI, MO, MT, NV, NH, NM, NY, NC, OK, OR, SD, TX, UT, VT, WA

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