For Members and their Spouses/Domestic Partners
A cost-effective life insurance plan designed especially for members 45 and older. More about the benefits of your Group Senior Term Life Insurance Plan…
Eligibility
All MNCPA members age 45 and older may apply for coverage for themselves and their spouse/domestic partner age 45 and older.
Members and spouses can apply for a life insurance amount of $10,000 to $50,000 (in increments of $5,000). The coverage is available only to residents of the United States and may not be available in all states. Please contact the administrator for details.
Is a medical exam required?
You must complete our short-form application. This form includes only a few medical questions and asks for your height and weight. If we find no further medical information is needed upon review of your application, then you’re done! It’s as easy as that. It’s a simplified way to apply for life insurance coverage. If you can answer no to a few medical questions, that application could be all that is needed.
Convenient Payment Options
Automatic Monthly Check Withdrawal: Choose to have your premiums automatically deducted from your checking account on a monthly basis.
Direct Bill: Choose to have your premiums billed to you directly on a quarterly, semiannual or annual basis.
Accelerated Life Benefit¹
The Accelerated Life Benefit option is available to help terminally ill insureds during a difficult, and often financially challenging, time. Under this provision, you may request one advance payment equal to 80% of your in force life insurance up to $40,000 to be paid while the terminally ill person is still alive. The amount of insurance payable after death will be reduced by this payment. (Premium contributions will not be reduced.)
Are There Any Exclusions To My Coverage?
Yes. Benefits will not be paid if the member’s or dependent’s death occurs from suicide within the two years of the effective date of their insurance or increase in insurance starts. The AD&D and Accelerated Life benefits are subject to additional exclusions. Please see your certificate for details.
How Long Can My Coverage Continue?
Your coverage can continue as long as you pay your premium when due, remain in an eligible class, the insurance continues for your class, and the group policy remains in force. Please see the certificate of insurance for details.
Contact Information
We’re here to help! Please contact us in whatever manner is most convenient for you.
Office Address
AMBA
P.O. Box 14533
Des Moines, IA 50306
Phone
Underwriting Company
Metropolitan Life Insurance Company
200 Park Avenue
New York, NY 10166
MNCPA GROUP SENIOR TERM LIFE INSURANCE PLAN
MONTHLY GROUP RATES
| $10,000.00 | $25,000.00 | $50,000.00 | ||||
| ATTAINED AGE – MEMBER & SPOUSE/DOMESTIC PARTNER | Male Female | Male Female | Male Female | |||
| 45-49* | $6.70 | $4.60 | $16.75 | $11.50 | $33.50 | $23.00 |
| 50-54 | $9.22 | $5.18 | $23.05 | $12.96 | $46.10 | $25.91 |
| 55-59 | $13.78 | $7.86 | $34.46 | $19.66 | $68.91 | $39.32 |
| 60-64 | $20.00 | $13.20 | $50.00 | $33.00 | $100.00 | $66.00 |
| 65-69 | $30.93 | $22.35 | $77.32 | $55.87 | $154.64 | $111.73 |
| 70-74 | $43.14 | $33.82 | $107.84 | $84.55 | $215.68 | $169.11 |
Rates shown are as of February 1, 2025.
Premiums are based on your age and will increase as you enter a new age bracket. Premiums will only be increased if premiums are increased for all insureds in the same age and rate class2. Coverage will become effective the 1st day of the month after the application is approved by MetLife. To obtain a rate quote for other ages, benefit amounts, or for information on the Group Senior Term Life Plan, call toll-free 1-800-732-8350.
Members and spouse/domestic partner benefits reduces to 50% of the original amount at age 75 and then again to 25% at age 80. At age 85, the benefit becomes $2,500.
If applicable, an additional $2 billing fee will be included on your billing notice payable to the administrator. To save the fee, select Electronic Funds Transfer (EFT) as a safe and secure payment option.
Valuable built-in features at
no additional cost to you
Will Preparation Services3
Offers you and your spouse/domestic partner unlimited face-to-face or telephone meetings with an attorney, from MetLife Legal Plans’ network of over 18,500 participating attorneys, to prepare or update a will, living will, and Power of Attorney.
Estate Resolution Services3
Estate representatives and beneficiaries may receive unlimited face-to-face legal assistance with probating your and your spouse/domestic partner’s estate. Beneficiaries can also consult an attorney, from MetLife Legal Plans’ network of over 18,500 participating attorneys, for general questions about the probate process.
Grief Counseling4
Provides you and your dependents up to five private counseling sessions with a professional grief counselor — per event — to help cope with a loss, no matter the circumstances, whether it’s a death, an illness or divorce. Sessions may also be held over the phone.
Funeral Planning Assistance4
Services designed to simplify the funeral planning process for your loved ones and beneficiaries to assist them with organizing an event that will honor a loved one’s life, from a self-paced funeral planning guide to services such as locating funeral homes, florists and local support groups.
1. The Accelerated Benefits Option is subject to state regulation and is intended to qualify for favorable federal income tax treatment, in which case the benefits will not be subject to federal income taxation. This information was written as a supplement to the marketing of life insurance products. Tax laws relating to accelerated benefits are complex and limitations may apply. You are advised to consult with and rely on an independent tax advisor about your own particular circumstances. Receipt of accelerated benefits may affect your eligibility, or that of your spouse or your family, for public assistance programs such as medical assistance (Medicaid), Temporary Assistance to Needy Families (TANF), Supplementary Social Security Income (SSI) and drug assistance programs. You are advised to consult with social service agencies concerning the effect that receipt of accelerated benefits will have on public assistance eligibility for you, your spouse or your family.
2. The group contract provides MetLife with the right to adjust the rates and/or the rate guarantee period should overall group participation change significantly.
3. Will Preparation and MetLife Estate Resolution Services are offered by MetLife Legal Plans, Inc., Cleveland, Ohio. In certain states, legal services benefits are provided through insurance coverage underwritten by Metropolitan General Insurance Company, Warwick, Rhode Island. Tax Planning and preparation of Living Trusts are not covered by the Will Preparation Service. Certain services are not covered by Estate Resolution Services, including matters in which there is a conflict of interest between the executor and any beneficiary or heir and the estate; any disputes with the group policyholder, MetLife and/or any of its affiliates; any disputes involving statutory benefits; will contests or litigation outside probate court; appeals; court costs, filing fees, recording fees, transcripts, witness fees, expenses to a third party, judgments or fines; and frivolous or unethical matters.
4. Grief Counseling and Funeral Assistance services are provided through an agreement with TELUS Health. TELUS Health is not an affiliate of MetLife, and the services TELUS Health provides are separate and apart from the insurance provided by MetLife. TELUS Health has a nationwide network of over 30,000 counselors. Counselors have master’s or doctoral degrees and are licensed professionals. The Grief Counseling program does not provide support for issues such as: domestic issues, parenting issues, or marital/relationship issues (other than a finalized divorce). For such issues, members should inquire with their human resources department about available company resources. This program is available to insureds, their dependents and beneficiaries who have received a serious medical diagnosis or suffered a loss. Events that may result in a loss are not covered under this program unless and until such loss has occurred. Services are not available in all jurisdictions and are subject to regulatory approval. Not available on all policy forms. In some cases a medical exam may be required (at no cost to you). When you apply, simply answer the health questions. Depending on the amount applied for, a paramedical exam and blood test may be required, which will be scheduled at your convenience. Even if you have a health condition, you still may qualify.
All applications for coverage are subject to review and approval by MetLife. If you choose to apply for increased coverage, the increase may be subject to underwriting. MetLife will review your information and evaluate your request for coverage based upon your answers to the health questions, MetLife’s underwriting rules and other information you authorize us to review. In certain cases, MetLife may request additional information to evaluate your request for coverage. Coverage will be effective in accordance with the applicable policy and certificate after approval by MetLife.
Coverage may not be available in all states. For more information, please contact your plan administrator, AMBA, at 1-800-732-8350 or by email at: customerservice.service@getamba.com.
This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of coverage. All coverage is subject to the terms of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.
Wherever the term spouse appears will read as Domestic Partner throughout the plan summary.
All insurance and insurance effective dates are subject to final underwriting approval.
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30-DAY FREE LOOK |
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If you’re not completely satisfied with the terms of your Certificate of Insurance, you may return it, without claim, within 30 days. |