Voluntary Group Level Term Life Insurance

Underwritten by Metropolitan Life Insurance Company New York, NY

Eligibility Requirements

Eligibility to enroll for the Group Level Term Life Insurance Policy is as follows:

• You must be a current Independent Business Owner (IBO) under the age of 50 for the 20 Year Level Term or under the age of 60 for the 10 Year Level Term and member of the Independent Business Owners Benefits Association.
• You must be a citizen or legally able to work in the United States.
• You and your eligible Dependents must be able to perform normal activities and not be confined (at home, in a hospital, or receiving disability benefits).
• If your spouse is a current IBO, he/she may apply by completing a separate application.
• Spouses who are not current IBO’s may apply providing coverage has been approved and issued on the current IBO.
• Dependent children, 14 days old up to age 26 (fully dependent upon you for support), are eligible providing coverage has been approved and issued on the current IBO.

Note: If you and your spouse are current IBOs, both are eligible for coverage.

Limitations and Exclusions

Group Level Term Life Insurance

Life insurance benefits will not be paid if the insured’s death is the result of suicide within two years from the date of issues. If this occurs, the sum of the premiums paid will be returned to the beneficiary.

If you or your spouse is engaged in the following Non-Preferred Industries, you will not be able to enroll for the Group Level Term Life Insurance (contact USI Affinity for other options):

List of Non-Preferred Industries

• Husbandry: commercial fishing; hunting and trapping
• Mining: coal mining; metal mining; underground mining; chemical and fertilizer mining; oil and gas field extraction
• Climbing: steeple-jacking; antenna installation
• Destruction: ammunition and explosives; wrecking and demolition; asbestos
• Vehicle: taxicab and bus drivers; water transportation; commercial and non-commercial pilots; automobile and motorcycle repair; professional sport racing; amusement parks; flight instructors
• Waste: refuse and sanitation systems (sewage); scrap and waste materials
• Justice: bail bondsman; justice, public order and safety (police, fire and ambulance); military personnel; detective and armored car; security guards and any occupation which requires carrying a weapon.
• Other: logging and saw mills; nuclear energy

Group Level Term Life Termination

Coverage for you and your dependents ends on the earliest of:

• The date the Group Policy ends; or
• The date you begin active duty in the Armed Forces, National Guard or Reserves of any state or country; or
• The end of the period for which the last premium has been paid by you; or
• The end of the 10 or 20 year term of insurance, unless your insurance is renewed

View Rates

How to Enroll

IBOBA: When you register or renew as an IBO, you also become a member of the Independent Business Owners Benefits Association (IBOBA). The IBOBA is a non-profit association which promotes the interests of its members at the local, state and federal government levels, to use the power of group buying to make available to the members benefits and services such as travel programs, including automobile rental and hotel discounts, insurance, non-insurance healthcare discounts, and to provide educational information and forums. This insurance is just one benefit arranged through the IBOBA.

Group Level Term Life Insurance underwritten by Metropolitan Life Insurance Company New York, NY. Group Policy Form: 162250-1-G

Like most insurance policies, MetLife policies contain certain exclusions, waiting periods, reductions, limitations and terms for keeping them inforce. All policies and riders may not be available in all states, at all issue ages and to all occupational classes. Coverage may be subject to underwriting approval. Please contact your plan administrator at 1-800-254-2327 for details.

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