$10,000 included Term Life Insurance for NASE Members. At age 60 benefits reduce 75% and then cancel at age 65.
Your NASE Membership provides you and your family with Member and Dependent Group Term Life Insurance Coverage from MetLife for no additional cost. No additional contribution is required from the member in order for this insurance protection to be provided. Members in good standing with membership fees paid on time are eligible for the MetLife Term Life Insurance.
Members Basic/Dependent Term Life Insurance Coverage:
| Family Member | Membership | Term Life |
|---|
| Principal Member | Annual and Silver | $10,000 |
| Spouse | Annual and Silver | $0 |
| Dependent Children | Annual and Silver
| $0 |
*Child (ren) Eligibility: Dependent children ages 14 days to 19 years old, or 23 years old if a child is a full-time student, are eligible for coverage.
Sixty-day waiting period from date of joining the NASE required. At age 60 benefits reduce 75% and then cancel at age 65. In certain circumstances a conversion privilege to an individual policy may apply (subject to changes from group coverage in terms and conditions including changes in premium costs). For additional information regarding conversion privileges, contact MetLife at 877-ASK-MET7 (877-275-6387).
Members may designate a beneficiary for their life insurance benefits by filling out and returning a Beneficiary Designation Form. For spouses and dependent children the member is always the beneficiary.
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Nothing in these materials is intended to be advice for any particular situation or individual. Please consult with your own advisors for such advice. Like most insurance policies, insurance policies offered by MetLife and its affiliates contain certain exclusions, exceptions, reductions, limitations, waiting periods and terms for keeping them in force. Please contact NASE member services for complete details. For a copy of the policy, please contact NASE Member Services. Insurance coverage is issued by Metropolitan Life Insurance Company, New York, NY 10166 (MetLife) to the National Association for the Self-Employed, Inc., Group Policy (Form GCERT2008-ASSN-TX) issued in the State of Texas, with certificates of insurance (Form GCERT2000) issued to each insured Member. Life insurance coverage of members in other states will be subject to any applicable legal requirements of such states.
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