BONUS!
Family Group Life Insurance through the AVMA LIFE Trust offers the QuickDecisionSM underwriting process. If eligible,1 you'll provide your medical history online and can receive an underwriting decision as soon as today.
QuickDecisionSM is available to AVMA members and their spouses/domestic partners under age 65, for new coverage amounts of $500,000 or less. Certain limitations apply. Review our Frequently Asked Questions (FAQ) for details.
Let's get real for a second: Life is never guaranteed from one day to the next. So, it's important to ask yourself:
"How would my loved ones cope financially if I were no longer in the picture?"
Family Group Life Insurance through the AVMA LIFE Trust is annually renewable term life insurance. So, if you pay your premium when it's due, you can renew your coverage each year without a physical exam, even if your health changes.
Rates may start out lower for this coverage when compared to other types of insurance, but your premium will increase as you age. Your death benefit will remain the same until age 75, when it reduces by 50%, and you can keep your coverage in place until age 80, as long as you are an AVMA member.
If you are younger, need coverage quickly, or your budget is tight, Family Group Life Insurance may be the right fit. Lower initial rates mean you can purchase more coverage for your dollar. But since premiums increase as you age, it's often recommended for people who need to cover short-term debts rather than long-term ones.
For those who need help interpreting the insurance jargon or want coverage recommendations
Have more questions before you apply? Fill out the form below, and your AVMA LIFE agent will get in touch.
For more information about the coverage and services offered through the AVMA Trust, visit our websites: AVMA LIFE and AVMA PLIT.
1QuickDecisionSM (QD) is available to AVMA members and their spouses/domestic partners under age 65 for coverage amounts of $500,000 or less. Coverage is also available for dependent children under age 23. QuickDecision is not available to applicants who: reside in MT or UT; are age 65 or older; request the Chronic Illness Option; request a coverage amount greater than $500,000; or request a coverage amount that, when combined with other coverage obtained through QuickDecision, exceeds the $500,000 lifetime QuickDecision limit. If an applicant is not eligible for QuickDecision, New York Life may process the application with full underwriting, which can include a medical interview or exams. Please review our QuickDecision Frequently Asked Questions.
Underwritten by New York Life Insurance Company, NY, NY 10010 on group policy form GMR.
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 insurance 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.
For more details on your life insurance options, including features, costs, eligibility, renewability, limitations, and exclusions, see the product brochures.
NEW YORK LIFE and the NEW YORK LIFE Box Logo are trademarks of New York Life Insurance Company
