You are here
Term Life for New Members
Rates for as little as $16 per year
You’re young and healthy. You don’t need a life insurance policy … or do you? Did you know that if something were to happen to you, your debt could be left to your loved ones? That means student loan debt, credit card debt, even your car loan may become someone else’s burden. If you’re married or have children, a life insurance policy will provide funds to pay your mortgage, finance a college education and help your dependents maintain their current lifestyle in the event you’re not there to do it. Here are some reasons you should get coverage now:
- You get coverage just by applying*
- The younger you are, the less expensive it is.
- You choose how much you need
- Monthly payments are automatically deducted from your checking account
- Reduce financial stress knowing you have protection
Life insurance pays for life. Get $25,000 worth of coverage for as low as 4¢ a day. Check out the low rates.
Who else can apply? Spouses under the age of 70, unmarried dependent children ages 14 days to 19 years (25 years if a full-time student) and disabled children over the age of 19 are also eligible to apply for coverage. (Dependents may not be insured if confined to a medical facility). Monthly premium rates for members and spouses are based on attained age and change as each moves to a higher age bracket. Spouse rates.
*Guaranteed Coverage: Enroll within three (3) years of the date you first become an MTA member and you may purchase coverage up to the guaranteed issue amount based on your age at enrollment without medical questions. Those who have been MTA members for more than three years are still eligible for coverage but will need to provide evidence of insurability so coverage is not guaranteed. All life coverage for dependent children is guaranteed issue.
BML Policy Series GRTP 04/99