Group Term Life Insurance
Benefits
Term Life Insurance is one of the most fundamental types of life insurance because it provides you with straightforward, economical protection for a fixed period of time.
And, unlike other comparable permanent insurance policies, the premium for most types of term life insurance is specially negotiated — allowing you to help protect your loved ones at a fraction of the cost!
- Up to $1,000,000 of coverage
- Coverage up to age 75
- Special coverage features for terminal illness
- Up to $250,000 in Quick Decision coverage for members/spouses under age 50
Help make sure your family will be protected from financial hardships should something happen to you. Apply today!
To find out more about the features, costs, eligibility, renewability, limitations, and exclusions of this coverage, read the Group Term Life Insurance Brochure.
Forms
Insurance Carrier
This policy is underwritten by New York Life Insurance Company, under Group Policy No. G-30802-0, on Policy Form GMR-G-30802-0/FACE.
New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group policies it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability.
New York Life’s state of domicile is New York, and NAIC ID # is 66915.
New York Life has received the highest financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor's (AA+), and Moody's Investors Service (Aaa).*
*Source: Third-party rating reports as of 10/15/2020
Apply Online Now
Requesting coverage is easy with our online application portal. Click the button to get started!
Products Available
- Group 10- and 20-Year Term Life
- Group Term Life
- Group 50-Plus Term Life
- Group Accidental Death & Dismemberment
- Group Long-Term Disability
- Group Dental Insurance
- Pet Insurance
- Auto, Home & Personal Insurance
- Long-Term Care
- Hospital Indemnity Insurance
- Genomic Life
- Relocal Move
- eHealth Medicare
- Individual & Family Health Insurance Plans
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