ROA Life benefits:
- No-medical-exam required.
- Select $10,000.00, $25,000.00 or $50,000.00 in coverage.
- Once approved, full benefits start on day one of coverage.
ROA Group Term Life Insurance Plan
Money-Saving Monthly* Group Rates
|
Attained Age-
Member & Spouse
|
$10,000.00
|
$25,000.00
|
$50,000.00
|
|
|
Male
|
Female
|
Male
|
Female
|
Male
|
Female
|
|
45-49**
|
$6.70
|
$4.60
|
$16.75
|
$11.50
|
$33.50
|
$23.00
|
|
50-54
|
$9.20
|
$5.20
|
$23.00
|
$13.00
|
$46.00
|
$26.00
|
|
55-59
|
$13.80
|
$7.90
|
$34.50
|
$19.75
|
$69.00
|
$39.50
|
|
60-64
|
$20.00
|
$13.20
|
$50.00
|
$33.00
|
$100.00
|
$66.00
|
|
65-69
|
$30.90
|
$22.30
|
$77.25
|
$55.75
|
$154.50
|
$111.50
|
|
70-74
|
$43.10
|
$33.80
|
$107.75
|
$84.50
|
$215.50
|
$169.00
|
Rates shown are guaranteed to11/01/2012 only.
*You will be billed just four times a year. All billing modes except annual will include a $2.00 billing fee. To avoid this fee, select EFT as a safe and secure payment option. Coverage begins on the first day of the month following approval by the Insurer and payment of first premium. Coverage continues with no decrease in benefits until you reach age 75. At age 75, benefits reduce to 50%. At age 80, benefits reduce to 25%. At age 85 and after, benefits will be $2,500.00. Coverage cannot be canceled as long as you remain a Member of the Reserve Officers Association, pay your premiums when due and the group contract remains in effect.
**ROA Members' Spouses ONLY can apply for coverage starting at age 45 (and continue coverage through age 74). ROA members can apply for coverage starting at age 50 (and continue coverage through age 74).
This information is a brief description of important features of the ROA Group Term Life Insurance Plan. It is not a contract. Terms and conditions of coverage are set forth in group policy 31816-7 issued to the Reserve Officers Association. Full details are contained in the Certificate of Insurance, which will be issued to persons who become insured under the Plan. This Plan may not be available to residents of all states. Availability may change. Policy form LP08GP.
Issued by ReliaStar Life Insurance Company, a member of the ING family of companies.
Life Insurance Coverage is provided under the terms of a group life insurance policy, Group Policy GL-31816-7, issued and delivered in the state of North Dakota to Reserve Officers Association as the policyholder. The group life insurance policy is issued by ReliaStar Life Insurance Company, Minneapolis, Minnesota. The policy is administered on behalf of ReliaStar Life Insurance Company by Marsh U.S. Consumer, an insurance administrator licensed in the state of North Dakota.