Simplified Issue Group 10-Year Level Term Life Insurance

Simplified Issue Group 10-Year Level Term Life Insurance  


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.


Insurance Application and Brochure

These form(s) are in Adobe Acrobat Reader (PDF) format and are available for downloading and printing.

Tell Me More

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. 

Contact Us

We're here to help! Please contact us in whatever manner is most convenient for you.

4050 114th Street
Urbandale, Iowa 50322
 M-F 8:15a-5p CST
[email protected]


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

  • Can my spouse/domestic partner obtain separate coverage?

    Yes, a spouse/domestic partner can obtain separate coverage.
  • Do I have to take a medical exam, blood test, etc.?

    No! Fill out the Simplified Application Form to apply for up to $150,000.00 in coverage without submitting to a full medical exam or providing blood work.
  • How can I 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: 1-800-501-5776.
  • How can I learn more about this plan?

    To learn more about the Simplified Issue Level Group Term Life Insurance, contact AMBA toll-free at 1-800-501-5776, or download an application and brochure by clicking on the link at the top of this page.
  • How long does the application process take? When will my coverage become effective?

    The application process depends on many factors: the number of persons to be insured, their ages, the amount of coverage for which you apply, your medical history and that of your family members (if requesting dependent coverage), and the type of coverage requested.
  • Who is AMBA?

    AMBA is the company contracted to manage the Group Insurance Program. AMBA is not affiliated with the insurance companies that underwrite each plan.
  • Who are the current insurance carriers and what are their ratings?

    This varies according to each plan. The Group Insurance Administrator seeks the best opportunities for our members, so the plans are underwritten by different insurance companies. All of the companies enjoy solid ratings by A.M. Best Company, which annually measures the financial strength of insurance companies.

    AMBA, makes no representations or warranties, expressed or implied, concerning the financial condition or solvency of any insurers. A.M. Best’s Ratings are under continuous review and subject to change and/or affirmation. For the latest Best’s Ratings and Best’s Company Reports (which include Best’s Ratings), visit the A.M. Best website at See Guide to Best’s Ratings for explanation of use and charges. Best’s Ratings reproduced herein appear under license from A.M. Best and do not constitute, either expressly or impliedly, an endorsement of AMBA or its recommendations, formulas, criteria or comparisons to any other ratings, rating scales or rating organizations which are published or referenced herein. A.M. Best is not responsible for transcription errors made in presenting Best’s Ratings. Best’s Ratings are proprietary and may not be reproduced or distributed without the express written permission of A.M. Best Company.
This is a summary of benefits only. A complete description of benefits, limitations, exclusions and termination of coverage will be provided in the certificate of coverage. All coverage is subject to the terms of the group policy. If there is any discrepancy between this document and the group policy documents, the policy documents will govern.

Life insurance coverage is provided under the terms of a group life insurance policy, Group Policy 67941-1, issued and delivered in the state of Illinois to Illinois State Bar Association as the policyholder. The group policy is sitused in the state of Illinois and is governed by its laws.The group life policy is issued by ReliaStar Life Insurance Company, a member of the Voya® family of companies, Minneapolis, Minnesota. The policy is administrated on behalf of ReliaStar Life Insurance Company by AMBA, an insurance administrator licensed in the state of Illinois. Policy Form LP00GP.

This is a paid endorsement. ISBA receives a fee from the insurance broker and/or the insurer for its endorsement of this plan.