Term Life Insurance

Product Features

• Available Term Periods of 5 yr, 10 yr, 20 yr and To Age 65

• Guaranteed renewable for term periods equal to or shorter than the original term (for premium based on attained age); renewed term period can not extend beyond the insured’s 65^th birthday

• Spouse/Child coverage available via rider

• Accelerated Death Benefit feature provided at no cost

• Guaranteed Insurability Option allows the policyholder to purchase additional insurance equal to the lesser of half of the benefit amount originally purchased or $25,000, without evident of insurability, within 60 days of the first and second policy anniversary dates

• Waiver of Premium, available after six months of total disability, disabled before age 60

• Coverage is portable; member can keep their coverage if they change jobs or retire
  

Benefit Amounts

• Minimum member benefit amount is $10,000

• Maximum benefit amount is $250,000 GI up to $150,000

• Spouse: $10,000 or $25,000

• Child: $5,000 or $10,000

Eligibility

• Member/Spouse Issue Ages: 18 – 64 years

• Children Issue Ages: 11 days – 17 years

Premium Structure

• Rates are issue age based and do not increase for the term of the policy

• Unisex rates for each age

• Smoker/Non-Smoker rates