Group Term Life
Insurance
SECURE YOUR
FAMILY'S
FUTURE
Nothing can replace the loss of a loved one, but the right life insurance policy can provide the funds your family needs for a secure, comfortable future. The Bar Plan is proud to administer a group life insurance program for members of The Missouri Bar.
Group Level Term Life Insurance
How does Level Term differ from Annual Term? With Level Term, premium and benefit are designed to remain the same (level) for a specific period of time. At the end of that period you will need to show proof of insurability to obtain another level term plan.
ACCELERATED LIFE BENEFIT
SPOUSE LIFE UP TO $500,000
10-YEAR OR 20-YEAR TERMS AVAILABLE
COVERAGE CAN BE APPLIED FOR THROUGH AGE 60 (10-YEAR) OR AGE 50 (20-YEAR)
DEPENDENT LIFE UP TO $20,000
DISABILITY WAIVER OF PREMIUM BENEFIT
PREMIUM REMAINS LEVEL FOR THE TERM OF YOUR COVERAGE*
EMPLOYEE LIFE UP TO $250,000
SPOUSE OF EMPLOYEE LIFE UP TO $250,000
MEMBER LIFE UP TO $1,000,000
ACCIDENTAL DEATH AND DISMEMBERMENT FOR MEMBER AND SPOUSE: UP TO $500,000 AND EMPLOYEES OF MEMBER UP TO $250,000
Group Annual Term Life Insurance
Once approved for coverage by the insurer, and as long as your premium is paid and the group policy remains in force, you will have life insurance until age 80 without showing further proof of insurability. The group policy renews automatically on an annual basis.
MEMBER LIFE UP TO $1,000,000
SPOUSE OF EMPLOYEE LIFE UP TO $250,000
DISABILITY WAIVER OF PREMIUM BENEFIT
SPOUSE LIFE UP TO $500,000
CHILD LIFE UP TO $20,000 (CHILDREN AGES 15 DAYS TO SIX MONTHS UP TO $4,000)
ACCELERATED LIFE BENEFIT
EMPLOYEE LIFE UP TO $250,000
MEMBER AND SPOUSE ACCIDENTAL DEATH AND DISMEMBERMENT UP TO $500,000. EMPLOYEE OF MEMBER UP TO $250,000
Group Accidental Death & Disemberment Insurance
Protect yourself and your family from the consequences of death or dismemberment in a covered accident.** This coverage is guaranteed issue and available even if you don’t qualify for life insurance.
MEMBER COVERAGE FROM $50,000 TO $750,000
24-HOUR WORLDWIDE INSURANCE COVERAGE
CHOICE OF MEMBER-ONLY COVERAGE OR MEMBER AND FAMILY
COVERS ANY ELIGIBLE ACCIDENT
BENEFICIARY DESIGNATION IS YOUR CHOICE
MONTHLY AUTOMATIC CHECKING OR SAVINGS PREMIUM WITHDRAWAL OPTION AVAILABLE
Group Term Life and Group AD&D insurance coverage is provided under the terms of group insurance policies, Group Policy 31281-9, issued and delivered in the State of Missouri to The Missouri Bar as the policyholder. The group insurance policies are issued by ReliaStar Life Insurance Company, Minneapolis, MN. The policies are administered on behalf of ReliaStar Life Insurance Company by The Bar Plan Insurance Agency, Inc., an administrator licensed in the state of Missouri. Policy forms LP08GPMO and HP010GP.
**For more product details and a list of full AD&D exclusions, please refer to the brochure.