Available in amounts from $100,000 to $3 million in increments of $25,000, this plan provides an economical way to address longer-term business or personal life insurance needs. The premium is guaranteed to remain level for the ten-year term. At the end of the term, you may apply for another ten-year term, if under age 70, or continue the insurance with annually increasing premiums. This insurance terminates at age 80.
Members (both active and inactive) and their spouses and domestic partners under age 70 are eligible to apply for this coverage, which includes an accelerated benefit provision if the insured is diagnosed with a terminal illness.
This plan is medically underwritten. Once an application is approved and the certificate of insurance is issued, there is a full 30-day period to review the coverage before premium is due.
For more information, current premium rates and application forms, click here.
The State Bar also sponsors Group Annual Renewal Term and Group 20 Year Level Term life plans. Follow the links for more information about these plans.
Descriptions of costs, benefits and provisions are subject to the complete terms of the group policy.