As an ISBA Member, you may qualify for the Simplified Issue Group 10-Year Level Term Life Insurance Plan offered by ReliaStar Life Insurance Company and endorsed by ISBA. ISBA has released this simplified enrollment process as one of its premier member benefits.

As an ISBA Member, you and your spouse/domestic partner can now take advantage of a simplified enrollment process for up to $150,000.00 in lump sum benefits under the ISBA Simplified Issue Group 10-Year Level Term Life Insurance Plan. This means you will not have to submit to a full medical exam or provide blood work to be approved for coverage. Plus, your affordable group rates are not available to the general public.

Apply now and enjoy premiums that are designed to remain level for 10 years.*

How to Apply

To apply for coverage, download an application by clicking on the link at the top of this page, or, to speak to a customer service representative, call our toll-free number: 1-800-503-9230.

Three Reasons to Choose the ISBA Simplified Issue Group 10-Year Level Term Life Insurance

• Your rates and benefit amount are designed to stay the same for 10 years.*
• You'll pay economical group rates. You have the buying power of more than 30,000 ISBA Members to help keep the premiums economical.
• Your satisfaction is 100% guaranteed. You have 30 days to review your certificate. If you're not happy with the plan, simply write "cancel" on your certificate and mail it back to us within 30 days, provided no claims have been submitted or paid. There's no obligation.

Monthly Rates For The Simplified Issue 10-Year Level Term Life Plan

Coverage will not be reduced during your level term period. The level term rate period begins on the effective date assigned by ReliaStar Life. Plan benefits are offered for amounts $50,000.00 to $150,000.00. If you are under age 50, you may select up to $150,000.00 of benefits (in $5,000.00 increments). You can apply for up to $100,000.00 in coverage if you are under age 55. You can apply for up to $50,000.00 in coverage if between ages 55-59. To obtain a rate quote for other ages, benefit amounts, or additional information on the plan, call toll-free 1-800-503-9230.

Qualifications for this ISBA Level Term Life Plan offer are few:

• You must be a member of ISBA and between the age of 19-60 years of age.
• You cannot already be insured by this plan.

For member and spouse/domestic partner, coverage reduces at age 70, beginning on and after the 70th birthday, ReliaStar Life decreases the amount of your insurance. ReliaStar Life pays a percentage of the amount otherwise payable:

• From your 70th birthday to age 75, ReliaStar Life pays the lesser of 50% or $50,000.00.

Coverage terminates on the group policy anniversary date on or after your 80th birthday.

A decrease in the amount of insurance due to age will take effect on the later of your attainment of any of the specified birthdays, or at the end of a level term rate period. Your amount of insurance will not decrease due to age during a level term rate period.

All members and spouses/domestic partner must complete an application form for any new coverage or to increase coverage (including dependent coverage) or to begin an initial or subsequent 10-year Level Term Rate Period when proof of good health is required.

If there is an increase in the amount of your insurance, the increase will take effect on the first day of the month on or next following the date of the increase. If you are in a Level Term Rate Period, premiums for the increased amount of insurance will be based on your attained age on the effective date of the increase.

Your ISBA Simplified Issue Group 10-Year Level Term Life Plan will start on the first day of the month after your application has been approved by ReliaStar Life and your first premium has been paid. 

Answers about the program, including eligibility, options, customer service and more.