Life to 95®
Life to 95 is group life insurance that you can begin as early as age 50 and continue to age 95. This is term life insurance, which many experts agree is the best insurance value for most people.
The following highlights can help you decide if Life to 95 is right for you:
- Lots of choices. Insurance amounts from $10,000 to $100,000.
- Great rates. Compare very favorably with AARP plans.*
- Automatic premium payment option – straight from your bank account with no surcharge.
- Underwritten by The United States Life Insurance Company in the City of New York (US Life), a member of American International Group, an AIG company.
*AARP Website, June 2017
Women and Life Insurance
Women are busy. So busy, in fact, that they may not stop to plan for their future. As economic contributors, caregivers of children and elderly parents, and household managers, women shoulder a large share of family responsibilities.
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This plan is underwritten by The United States Life Insurance Company in the City of New York, NAIC No. 70106 domiciled in the state of New York with a principal place of business of 175 Water Street, New York, NY 10038. It is currently authorized to transact business in all states, plus DC, except PR. Policies issued by The United States Life Insurance Company in the City of New York (US Life). Issuing company US Life is responsible for financial obligations of insurance products and is a member of American International Group, Inc. (AIG). Products may not be available in all states and product features may vary by state. Policy #G-610,477, Form No. LIF-USL-0200. This summary is a brief description of benefits only and is subject to the terms, conditions, exclusions and limitations of the group policy.
Founded in 1919, American International Group, Inc. (AIG) is a leading global insurance organization serving commercial, institutional, and individual customers in more than 80 countries and jurisdictions. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
For life insurance products in those states, call 800-635-7801, or email us.
FREQUENTLY ASKED QUESTIONS
Alumni/ae and their spouses and domestic partners may apply. Each must be at least age 50 but under 76 when applying and have a permanent home address in United States. Your spouse or domestic partner may apply—even if you do not.
- Minimum: $10,000.
- Maximum: $100,000. In $1,000 increments.
You may apply for more insurance at any time while you are under age 76, subject to the plan maximum.
You may reduce your insurance through a simple signed request. Your coverage and premium are then reduced accordingly. Your insurance concludes at age 95.
Death by suicide within the first two years is the only exclusion.
A Living Benefit is designed to help a terminally ill patient during a difficult and often financially draining time. A person under age 70, insured for at least 30 days* and diagnosed with a life expectancy of 24 months or less, may request that up to 60% of the insurance amount be paid while he or she is still living. The remainder continues as life insurance, for which a reduced premium is payable.**
Determine how much insurance you need. The Life to 95 plan offers coverage amounts between $10,000 and $100,000, in $1,000 increments. If you seek more than $100,000 in coverage, call 800-635-7801, or email firstname.lastname@example.org.
Send no money now. After your application is approved and you pay your first premium, you receive a Certificate with the details of your coverage. If you are not fully satisfied, simply return your Certificate within 30 days for a full refund.
Monthly automatic withdrawal from your bank. You do not write checks or worry about paying late. There is no processing fee for this convenience.
Semiannual bills payable by check. Semiannual premiums are six times monthly premiums. A fee of $6, subject to change, is added to each bill. To continue insurance, premiums must be paid on time. Therefore, monthly automatic withdrawal is recommended, but you can change your choice if you change your mind.
Acceptance is based on your current health, your health history, and other information you provide on your application. A physical examination is not routinely required, but when needed, it is conducted by a medical professional who visits at your convenience—usually at your home or business—at no cost to you. If more medical information is needed, it is requested from you or your medical providers.
Coverage (and any increase) usually begins on the day your application is approved if you are able to perform normal activities.*** After you receive approval, you may request a different effective date, such as when existing insurance ends or a new financial obligation begins. This term insurance continues to age 95 unless premiums are not paid on time or the policy ends. When your term insurance concludes at age 95, regardless of your health, you may convert your coverage to any individual life insurance policy that does not provide term insurance or pay dividends.