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Group Term Life Insurance Benefit

Guarantee issued, group term life insurance benefits are available for the any member with no medical information required. Options of $10,000, $15,000 or $20,000 benefit, depending on chosen plan.

Group Term life insurance benefits are underwritten by Guarantee Trust Life Insurance Company, an A-rated carrier for more than 40 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 your death.

Group Term Life Insurance Benefit$10,000$15,000$20,000
Waiting Period12 Months12 Months12 Months
Accident Only Coverage during waiting period$10,000$15,000$20,000
Primary Member ages 18-69$10,000$15,000$20,000
Primary Member ages 70-74$5,000 + $5,000 Accident Only$7,500 + $7,500 Accident Only$10,000 + $10,000 Accident Only
Accident Only Coverage for Primary Member ages 75+$10,000$15,000$20,000


During the first 12 months that your membership is active, waiting period benefits are limited to the Accidental Death Benefits 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.

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Not available in all states

The information contained herein is offered as insurance industry guidance and provided as an overview of current market risks and available coverages and is intended for discussion purposes only. This publication is not intended to offer legal advice or client-specific risk management advice. Any description of insurance coverages is not meant to interpret specific coverages that you may already have in place or that may be generally available. General insurance descriptions contained herein do not include complete insurance policy definitions, terms and/or conditions, and should not be relied on for coverage interpretation. Actual insurance certificates must always be consulted for full coverage details and analysis.

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