Group Term Life Coverage Features

It’s so important to find the right life insurance to help protect your family and finances if the unexpected happens. You deserve coverage that will bring you added peace of mind.

The D.C. Group Term Life Insurance Plan, issued by The Prudential Insurance Company of America, is coverage you can count on for you and your dependents.

Eligibility & Coverage

The D.C. Group Term Life Insurance Plan is for members of The National Business Association for Chiropractors (NBAC) and eligible dependents.

	Eligibility	Coverage	Coverage Effective Date
Member	Eligible to apply if you are under age 65	$50,000—$500,000	1st day of the month after application approval
Spouse or Domestic Partner	Eligible to apply as long as they are under age 65, and you are covered under the plan.	$50,000—$250,0001	1st day of the month after application approval
Dependent Child under age 26	Eligible to enroll in the plan with no underwriting, as long as you have coverage	$10,000 or $20,000	1st day of the month after application approval

 ¹Coverage may not be more than 50% of member coverage.

Benefit Amounts

The benefit amount for Member and Spouse/Domestic Partner coverage reduces on the premium renewal date after the member reaching ages 65, 70 and 75, as follows:

• Age 65 - Coverage reduction = 65% of the amount in force at member's age 64
• Age 70 - Coverage reduction = 50% of the amount in force at member's age 64
• Age 75 - Coverage reduction = 35% of the amount in force at member's age 64

Coverage terminates at age 80.

Additional Accidental Death & Dismemberment (AD&D) Coverage

As an added benefit, if you are covered under the DC Group Term Life Insurance Plan, you will automatically have AD&D insurance coverage. If you, your covered Spouse/Domestic Partner and/or child(ren) die as the result of an accident, an additional benefit amount equal to each person’s term life insurance benefit will be paid.

Termination

As a member, you can keep your coverage all the way to age 80, or until you:

• Are no longer a member of NBAC;
• Die;
• Stop paying the premiums; or
• Master Policy terminates

Your Dependent coverage continues until:

• They are no longer a Qualified Dependent;
• Your Spouse or Domestic Partner reaches age 80;
• Your covered child reaches age 26; or
• Member coverage ends

Exclusion

For the first two years your policy is in effect, suicide is excluded. This applies to both Member and Spouse/Domestic Partner coverage, as well as Dependent child(ren) coverage.