Retiree Group Level Term Life

No. However, your premium remains level until age 100 and is paid coverage after age 100. A retiree can apply for this without medical evidence at coverage amounts of $10k to $20k.

AN ACCIDENTAL DEATH BENEFIT PAYOUT FOR THE FIRST TWO CERTIFICATE YEARS

Death from natural causes during the first two years of coverage pays just a portion of the benefit amount. During this period, your beneficiary received an amount equal to 110% of the premiums paid. Full benefits will be paid for accidental death from first day of coverage.

The following deaths are excluded for the Accidental Death Benefit:

Disease/Infirmity – A death that is due to or related to: (a)disease or bodily infirmity of mind or body; or (b) medical or surgical treatment of such disease or bodily infirmity.

Drugs – A death that: (a) occurs during; (b) is due to; or (c) is related to the covered person’s use of drugs, narcotics, barbiturates or hallucinogenic agents, unless such used is prescribed by a doctor or accidentally administered.

Self-Inflicted Injury/Suicide – A death that (a) is due to or related to (1) suicide, (2) an attempt at suicide, or (3) an intentionally self inflicted injury; (b) occurs during an attempt at suicide; or (c) occurs while intentionally injuring oneself, while the covered person is sane or insane.

There is a limited benefit: Death from natural causes during the first two years of coverage pays just a portion of the benefit amount. During this period, your beneficiary receives an amount equal to 110% of the premiums paid. Full benefits will be paid for accidental death from the first day of coverage.

The following deaths are excluded for the Accidental Death Benefit:

Disease/Infirmity – A death that is due to or related to: (a) disease or bodily infirmity of mind or body; or (b) medical or surgical treatment of such disease or bodily infirmity.

Drugs – A death that: (a) occurs during; (b) is due to; or (c) is related to the covered person’s use of drugs, narcotics, barbiturates or hallucinogenic agents, unless such use is as prescribed by a doctor or accidentally administered.

Self-Inflicted Injury/Suicide – A death that (a) is due to or is related to (1) suicide, (2) an attempt at suicide, or (3) an intentionally self-inflicted injury; (b) occurs during an attempt at suicide; or (c) occurs while intentionally injuring oneself, while the covered person is sane or insane.

Your premiums are due until you reach age 100. After that the policy is a paid up policy and your coverage remains in force.

This Level Term Life coverage ends automatically on the earliest of the following: 1) The date the policy is terminated; 2) The premium due date after the Member is no longer a member of the Policyholder (CSEA); 3) the date the grace period ends if all premiums due have not been paid.

Spouse coverage will automatically end on the earliest of the following: 1) the date the member coverage terminates; 2) the premium due date after the spouse ceases to be an eligible dependent.

By applying for coverage, your spouse is eligible for dependent coverage and can apply for coverage in the amount of $5,000. Your spouse must reside in the United States and be between the ages of 40-80 to apply. As long as you are insured under this coverage your spouse is eligible for guaranteed issue coverage.

Note if your spouse is also a CSEA member, they would not be eligible for dependent coverage and must apply separately.

You are under no risk or obligation. Once you enroll and are approved for coverage, you will be sent a Certificate of Insurance, including complete benefits and terms of the plan. Look this information over. Then decide if you want it as ongoing protection for you and your family. If the insurance is not what you had in mind, then you may cancel within 30 days of receiving your Certificate of Insurance and your premiums will be promptly refunded and your coverage invalidated, provided there have been no claims.

Insurance will take effect on the date your application is approved by New York Life Insurance Company provided the initial contribution has been paid.

If you decide your Endorsed CSEA Retiree Level Group Term Insurance isn’t for you, just let us know within the first 30 days. We’ll promptly refund your premiums and invalidate your coverage provided there have been no claims … no questions. No obligation.

You can name any beneficiary you wish for member coverage. You may change this beneficiary at any time, by written request. Your beneficiary is the person(s) last designated by you in writing, and recorded by or on behalf of New York Life Insurance Company. You are the automatic beneficiary for dependent insurance, as described in the Certificate of Insurance. If you wish to name another beneficiary for dependent spouse or child insurance, contact the administrator at +1-800-296-2732 for the applicable form.

CONTRIBUTIONS are due until the COVERED PERSON reaches AGE 100. After AGE 100, no more CONTRIBUTIONS are due for the initial amount of insurance. The initial amount of insurance is then considered paid up. It is payable to the beneficiary when we have proof that the COVERED PERSON died while this paid-up insurance was in effect. 

If we can provide the coverage you requested, we will inform you as to when such coverage will be effective. Under no circumstances will coverage be effective prior to this date. Payment of a premium contribution with your application does not mean that there is any insurance in force before the effective date as determined by New York Life.

A conversion right is available if insurance ends for any reason except non-payment of premiums or you are requesting to end insurance. However, if insurance ends because the policy terminates or changes for the group of insureds to which you belong, a conversion right is only available if you have been continuously insured under the policy for at least five years. Consult your Certificate of Insurance for complete details.  

Endorsed by: California State Employees Association

CSEA incurs certain administrative expenses in connection with this sponsored program. To provide and maintain this valuable membership benefit it is reimbursed for such expenses.

California State Employees Association
Administered by A.G.I.A., Inc.
PO Box 9997 Phoenix, AZ 85068-0997

A.G.I.A, Inc. is licensed and authorized to transact business in all 50 United States and the District of Columbia. Their state of domicile is California.

Joseph Guerrero CA Insurance License #0B54298. Joseph Guerrero AR Insurance License #766720.

AGIA Insurance Services, Inc.
P.O. Box 26860
Phoenix, AZ 85068

A.G.I.A., Inc., is licensed/authorized to transact business in all 50 United States, and the District of Columbia. Their state of domicile is California. Joseph Guerrero California Agent Insurance license number is 0B54298. Joseph Guerrero Arkansas Agent Insurance license number is 766720.