10-Year and 20-Year Group Level Term Life Insurance Plans

Nothing is more valuable than your life and all that you provide for those who depend on you. And, with each passing day… each dollar you earn… each life event… you grow even more valuable. That’s why ample life insurance is a must for you. 10 and 20-Year Level Term Life Insurance was designed to help protect you from unnecessary financial burdens and insure your family’s financial security for a ten or twenty year period. Premiums are guaranteed for an initial term, with level amounts of insurance until termination at age 75. At the end of the 10 or 20-year period you may apply for a new 10 year term if you are under age 65 or for the 20- year term if you are under age 55. You will be subject to submission of satisfactory evidence of insurability (provided you are eligible for a new 10 or 20 year term). Or, coverage can be automatically renewed without evidence of insurability. If coverage is automatically renewed, renewal premiums are not guaranteed, and are based on your attained age and increase as you attain a higher age bracket.

As a professional, you need high-value life insurance to protect the lifestyle you work hard to provide… to ensure a good education for your children… to resolve your final debts… to ensure proper estate planning… and even as collateral for bank loans.

And, this coverage is underwritten by New York Life, one of the top insurance companies in the country committed to providing AAO members with more protection for your money.

Eligibility

If you are an orthodontist under age 65 for 10-year level term or under age 55 for 20-year level term, residing in the U.S. and an AAO member who regularly works at least 20 hours a week or a full-time student member, then you are eligible for coverage.

How Much Coverage Do I Need?

Just choose the amount of life insurance that best suits your needs–from $100,000 to $2,000,000 in increments of $10,000. While your coverage remains in force, your benefits will stay constant and not reduce in amount until age 75, at which time coverage terminates. All coverage is subject to approval by New York Life.

Coverage for My Spouse and Children?

You may also apply for your lawful spouse (under age 65 for 10-year level term /under age 55 for 20-year level term), for up to $1,000,000, provided that amount does not exceed your own. All your dependent unmarried children can also be insured for either $5,000 or $10,000 if they are between the ages of 15 days and 25 years in age.

No matter how many eligible children you may have, one annual premium of $17.50 for $5,000 or $35 for $10,000 covers them all. All dependent coverage is subject to approval by New York Life.

Would you like more information?

For more information on the features, benefits, exclusions and rates for the 10 and 20–Year Term Life Plans, click on:

If you have any questions, please contact us:

Plan Administration Office
159 E. County Line Road
Hatboro, PA 19040-1218
Or call toll-free: 1-800-622-0344

Click here to submit any questions on the AAO Endorsed Insurance Program.

Administered by: Affinity Insurance Services, Inc.
Michael Loughran licensed in Arkansas (License#: 233963)

Underwritten by New York Life Insurance Company, New York, NY 10010

This information briefly describes the general highlights of the Insurance Plan, and is for illustrative purposes only. Please consult the policy for complete details of all terms, conditions and exclusions.

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