TERM LIFE: LEVEL BENEFIT

Coverage is provided by Monumental Life Insurance Company, except in the state of New York.

• Product Highlights
• Benefits Payable
• Effective Date of Coverage
• About the Insurance Company
  
  

• No Medical Exam Required
  
  
• Your Premium From Your Life Quote Will Remain The Same: We will not increase it based on your answers on your application.
  
  
• 30-Day Free Look: If you're not satisfied for any reason, you may return your certificate of insurance within 30 days after receipt. Your premium will be refunded. When so returned, the certificate is void from the beginning.
  
  
• Firm Quotes: Unlike other life insurance quotes you can get online, we won't quote the low, preferred rate and then raise the rates you actually pay based on your answers to health questions on the application. If you're accepted for coverage, you will pay the rate we quote.
  
  
• Eligibility: All GEA members and spouses under age 65 are eligible to apply for coverage. Unmarried dependent children under age 19 (25, if enrolled as a full time student in an accredited college, university etc.) can also be covered under the plan.
  
  
• 10% Discount: If a member and spouse receive coverage, the premium on each policy is discounted 10%.
  
  
• Member Benefit: Elect benefit amounts (in increments of $10,000) from $10,000 up to a maximum of $250,000.
  
  
• Spouse Benefit: Elect benefit amounts (in increments of $10,000) from $10,000 up to a maximum of $250,000, but not to exceed the member's benefit amount. (In Texas, the spouse benefit cannot exceed 50% of the member's benefit amount.)
  
  
• Child Benefit: $10,000 of coverage per child; coverage is limited to 10% of the selected benefit from age 14 days but less than six months.
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Benefits Payable

• Benefits are payable for death by any cause, anywhere in the world.
  Exception: suicide within the first two years of coverage (one year in Colorado and North Dakota)

• The Benefit can be paid in one lump sum or installments—the choice is yours.

• Covered children have the opportunity to purchase a permanent life insurance policy when they reach age 19 (25 if full time student). The benefit amount of the new policy will equal the child benefit amount provided under the member’s plan.

• Your selected benefit amount remains level until age 65. Benefits reduce to 65% at age 65, 50% at age 70, and 35% at age 75 of the original benefit amount.

• Member and spouse coverage terminates at age 80. Dependent child coverage terminates at age 19 (25 if full time student).
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Effective Date of Coverage
Coverage will be effective on the date shown on the certificate schedule issued to you upon approval of your application, provided the initial premium is paid when due and is received during your lifetime.
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About the Insurance Company
Coverage is provided by Monumental Life Insurance Company except in the state of New York.

Monumental Life Insurance Company is rated A+ (Superior) for financial condition by A.M. Best Company and is rated AA+ (Very Strong) for claims paying ability by Standard and Poors, independent analysts of the insurance industry.
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Coverage is not available in all states.