Life insurance is available through the ISBA Insurance Agency to cover the ISBA member, their family, their employees and employees' spouses. The group life plan is available for all members up to age 65 and has a guaranteed renewal through age 70. Coverage for members from $10,000 up to $500,000 and employees can apply for up to $50,000 while spouses of employees can apply for up to $25,000. No medical exam typically required for up to $250,000**. Other benefits such as Disability Waiver of Premium, Accidental Death and Dismemberment Benefit and Children's Coverage are also available.
**Issuance of a Certificate of Insurance or payment of benefits may depend upon the answers given in the applications and the truthfulness of those answers.
Maximum death benefit coverage is $500,000; however, the ISBA Insurance Agency can offer other policies tailored to your specific needs.