Three Reasons to Choose ROA Level Term Life Insurance
- Your rates and benefit amount will stay the same for 10 years. Your benefit and premiums are designed to remain level during your policy period.*
- You'll pay economical group rates. You have the buying power of nearly 66,000 ROA Members to help keep the premiums economical.
- Your satisfaction is 100% guaranteed. You have 30 days to review your certificate. If you're not happy with the plan, simply write "cancel" on your certificate and mail it back to us, provided no claims have been submitted. There's no obligation.
Monthly Rates For The Simplified Issue 10-Year Level Term Life Plan**
Your rate for the entire term of your protection is your rate for your age at the time coverage is issued.*
|
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$50,000.00
|
$100,000.00
|
|
Age
|
Non-Tobacco User
|
Tobacco User
|
Non-Tobacco User
|
Tobacco User
|
|
35
|
$2.30
|
$8.05
|
$4.60
|
$16.10
|
|
36
|
2.35
|
8.65
|
4.70
|
17.30
|
|
37
|
2.40
|
9.30
|
4.80
|
18.60
|
|
38
|
2.55
|
10.00
|
5.10
|
20.00
|
|
39
|
2.65
|
10.80
|
5.30
|
21.60
|
|
40
|
2.90
|
11.65
|
5.80
|
23.30
|
|
41
|
3.15
|
12.60
|
6.30
|
25.20
|
|
42
|
3.50
|
13.60
|
7.00
|
27.20
|
|
43
|
3.90
|
14.65
|
7.80
|
29.30
|
|
44
|
4.30
|
15.80
|
8.60
|
31.60
|
|
45
|
4.75
|
16.90
|
9.50
|
33.80
|
|
46
|
5.20
|
18.00
|
10.40
|
36.00
|
|
47
|
5.65
|
19.15
|
11.30
|
38.30
|
|
48
|
6.10
|
20.40
|
12.20
|
40.80
|
|
49
|
6.65
|
21.80
|
13.30
|
43.60
|
|
50
|
7.35
|
23.30
|
14.70
|
46.60
|
|
51
|
8.10
|
25.00
|
16.20
|
50.00
|
|
52
|
9.00
|
26.80
|
18.00
|
53.60
|
|
53
|
9.95
|
28.75
|
19.90
|
57.50
|
|
54
|
11.10
|
30.85
|
22.20
|
61.70
|
|
55
|
12.25
|
33.10
|
N/A
|
N/A
|
|
56
|
13.40
|
35.35
|
N/A
|
N/A
|
|
57
|
14.65
|
37.70
|
N/A
|
N/A
|
|
58
|
16.05
|
40.45
|
N/A
|
N/A
|
|
59
|
17.65
|
43.90
|
N/A
|
N/A
|
|
60
|
19.55
|
48.65
|
N/A
|
N/A
|
Insurance provided by ReliaStar Life Insurance Company. Policy Form LP08GP.
*Premiums are based on your age at the date of issue and will not increase due to your age or health status. Premiums will only be increased for all insureds in the same age and rate class. The initial premium will not change for the first 10 years unless the insurance company exercises its right to change premium rates for all insureds under the group policy with 60 days advanced written notice.
**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 will not be reduced during your level term period. The level term rate period begins on the effective date assigned by ReliaStar Life. Plan benefits are offered for amounts $50,000.00 to $100,000.00. If you are under age 55, you may select up to $100,000.00 of benefits (in $5,000.00 increments). You can apply for up to $50,000.00 in coverage between ages 55-59. To obtain a rate quote for other ages, benefit amounts, or additional information on the plan, call toll-free 1-800-247-7988.
Qualifications for this ROA Level Term Life Plan offer are few:
- You must be a Reserve Officers Association Member 19-60 years of age.
- You must be actively at work.
- You cannot already be insured by this plan.
For members and spouses, beginning on and after the 70th birthday, ReliaStar Life decreases the amount of your insurance. ReliaStar Life pays a percentage of the amount otherwise payable:
- From your 70th birthday to age 75, ReliaStar Life pays the lesser of 50% or $50,000.00.
For members and spouses, insurance terminates on the Group Policy anniversary date on or after your 75th birthday.
A decrease in the amount of insurance due to age will take effect on the later of your attainment of any of the specified birthdays, or at the end of a level term rate period. Your amount of insurance will not decrease due to age during a level term rate period.
All members and spouses must complete an application form for any new coverage or to increase coverage (including dependent coverage) or to begin an initial or subsequent 10-year Level Term Rate Period when proof of good health is required.
If there is an increase in the amount of your insurance, the increase will take effect on the first day of the month on or next following the date of the increase. If you are in a Level Term Rate Period, premiums for the increased amount of insurance will be based on your attained age on the effective date of the increase.
Your ROA Level Term Life Plan will start on the first day of the month after your application has been approved by ReliaStar Life and your first premium has been paid.
Life and Accidental Death and Dismemberment 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. Policy Form LP08GP.